---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-279346"
form_type: "8-K"
ticker: null
cik: "0001459417"
company_name: "2U, Inc."
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-07T23:57:18.355145+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 2U CEO Chip Paucek departs; CFO Paul Lalljie named CEO, Matt Norden appointed CFO

## Summary
- Paul Lalljie appointed CEO and board member effective Nov 16; base salary $750K, target bonus 115% of base.
- Matthew Norden appointed CFO, continues as CLO; base salary $575K, target bonus 100% of base.
- Chip Paucek steps down as CEO and director; becomes special advisor Dec 15; consulting fee $20K/month through Apr 2025.
- Heather Hoffert named Principal Accounting Officer effective Nov 16.
- Separation agreement with Paucek includes continued equity vesting during consulting period and $200K cash payment.

## SEC filing metadata
- accession: 0001193125-23-279346
- form_type: 8-K
- cik: 0001459417
- company_name: 2U, Inc.
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/0001193125-23-279346-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/d365752d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-279346
- JSON: https://secwatch.observer/filing/0001193125-23-279346.json
- Plain text: https://secwatch.observer/filing/0001193125-23-279346.txt

## Key facts
- Executive change
  Paul S. Lalljie was appointed as Chief Executive Officer at 2U, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Board appointed Paul S. Lalljie, the Company’s current Chief Financial Officer, to succeed Mr. Paucek as Chief Executive Officer of the Company and as a member of the Board, effective as of the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/0001193125-23-279346-index.htm
- Executive change
  Matthew J. Norden was appointed as Chief Financial Officer and Chief Legal Officer at 2U, Inc..
  - Action: appointed
  - Role: Chief Financial Officer and Chief Legal Officer
  source text: Matthew J. Norden, the Company’s current Chief Legal Officer, was appointed to the role of Chief Financial Officer, effective as of the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/0001193125-23-279346-index.htm
- Executive change
  Heather Hoffert was appointed as Principal Accounting Officer at 2U, Inc..
  - Action: appointed
  - Role: Principal Accounting Officer
  source text: Heather Hoffert, currently Senior Vice President, Accounting, will assume the role of Principal Accounting Officer, effective as of the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/0001193125-23-279346-index.htm
- Executive change
  Christopher "Chip" J. Paucek resigned as Chief Executive Officer and Director at 2U, Inc..
  - Action: resigned
  - Role: Chief Executive Officer and Director
  source text: will be departing from the role of Chief Executive Officer and resigning as a member of the Board, effective as of November 16, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/0001193125-23-279346-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.