---
schema_version: "secwatch.filing_event.v1"
accession: "0001607939-23-000004"
form_type: "8-K"
ticker: "UDMY"
cik: "0001607939"
company_name: "Udemy, Inc."
filed_at: "2023-01-09T23:59:59+00:00"
generated_at: "2026-06-20T17:52:18.577122+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Udemy CEO Gregg Coccari to retire Feb 28; Greg Brown named successor; Q4 EBITDA guidance raised

## Summary
- CEO Gregg Coccari retires effective Feb 28, 2023; Greg Brown (President, Udemy Business) becomes CEO and joins Board.
- Jeff Lieberman appointed Interim Chairman; Stephanie Stapleton Sudbury promoted to President of Udemy Business.
- Q4 2022 revenue outlook $164-167M consistent; adjusted EBITDA margin expected to exceed prior guidance of (17)% to (15)%.
- Brown receives base salary $565K, 100% bonus target, and $6M RSU award vesting over 4 years.

## SEC filing metadata
- accession: 0001607939-23-000004
- form_type: 8-K
- ticker: UDMY
- cik: 0001607939
- company_name: Udemy, Inc.
- filed_at: 2023-01-09T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607939/000160793923000004/0001607939-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607939/000160793923000004/udmy-20230109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001607939-23-000004
- JSON: https://secwatch.observer/filing/0001607939-23-000004.json
- Plain text: https://secwatch.observer/filing/0001607939-23-000004.txt

## Key facts
- Earnings Releases
  Udemy, Inc. reported quarter ended December 31, 2022 results: revenue $164 to $167 million. Guidance reaffirmed.
  - Period: quarter ended December 31, 2022
  - Revenue: $164 to $167 million
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: Udemy expects fourth quarter 2022 revenue to be in the range of $164 to $167 million, consistent with the outlook provided on November 2, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1607939/000160793923000004/0001607939-23-000004-index.htm
- Executive change
  Gregg Coccari departed as President, Chief Executive Officer and Chairman at Udemy, Inc..
  - Action: retire
  - Role: President, Chief Executive Officer and Chairman
  source text: On January 4, 2023, Gregg Coccari notified the Board of Directors (the “Board”) of the Company of his intention to retire from his role as the Company’s President, Chief Executive Officer and Chairman of the Board and to resign as a member of the Board, in each case effective as of February 28, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1607939/000160793923000004/0001607939-23-000004-index.htm
- Executive change
  Gregory Brown was appointed as President and Chief Executive Officer at Udemy, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Additionally, on January 9, 2023, the Company announced that Gregory Brown, the Company’s President, Udemy Business, will be appointed as the Company’s President and Chief Executive Officer, effective as of February 28, 2023, and has been elected to serve as a Class I director, effective as of February 28, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1607939/000160793923000004/0001607939-23-000004-index.htm

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