Coursera enters separation agreement with retiring CEO Maggioncalda, retention pact with CFO Hahn

Coursera, Inc.

CEO Maggioncalda retirement effective Feb 3, 2025; separation includes 12-month salary, FY2025 bonus, FY2024 bonus.
Maggioncalda to provide advisory services until Aug 15, 2025; equity vesting continues; options exercisable for 18 months.
CFO Hahn retention agreement: enhanced severance (12-month salary, prorated bonus) if terminated without cause or resigns for good reason through up to Nov 15, 2025 or 6 months after new CEO start.
Hahn may enter 12-month advisory agreement with continued vesting; unvested equity accelerates if advisory not provided or terminated without cause.
Maggioncalda's stock options remain exercisable up to 18 months; Hahn's up to 24 months after termination.

item 5.02

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Departed

Jeffrey Maggioncalda

President and Chief Executive Officer

COUR · Coursera, Inc.

Effective: 2025-02-03
Filed: February 3, 2025, 6:59 PM ET

Jeffrey Maggioncalda, our former President, Chief Executive Officer ( “CEO” ), and a Class III director, in connection with his previously disclosed retirement from those roles effective as of February 3, 2025

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey Maggioncalda retired as President and Chief Executive Officer at Coursera, Inc..

Action: retired
Role: President and Chief Executive Officer

Exact text from the filing

Jeffrey Maggioncalda, our former President, Chief Executive Officer ( “CEO” ), and a Class III director, in connection with his previously disclosed retirement from those roles effective as of February 3, 2025

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Source: SEC EDGAR

accession 0001651562-25-000006

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