leadership
confidence high
sentiment neutral
materiality 0.75
Nerdy appoints Atul Bagga as CFO, issues FY2026 revenue guidance $180-190M
Nerdy Inc.
- Jason Pello's service as CFO ended April 3, 2026; Atul Bagga appointed effective April 6, 2026.
- Bagga previously CFO of JLL Technologies and finance leader at Amazon Web Services and Zynga.
- Bagga receives $500K salary, 50% target bonus, and 1.5M RSUs vesting quarterly over three years.
- FY2026 revenue guidance of $180-190M; non-GAAP adjusted EBITDA expected approximately breakeven.
- Company expects year-end 2026 cash of $40-45M, including $20M drawn on term loan.