John Frederick
John Frederick retired as the Company’s Chief Financial Officer effective as of the Transition Date.
Highest-materiality recent filing
Sold Global Knowledge (instructor-led training) to Enduring Ventures affiliate for initial ~$5.4M note plus deferred $10M (less $2M liabilities) in quarterly installments.
NYSE accepts Skillsoft's compliance plan; stock remains listed until Sep 2027
NYSE accepted Skillsoft's business plan to regain compliance with continued listing standard 802.01B.
Skillsoft stockholders approve 550,000-share increase to 2020 Omnibus Incentive Plan
Second Amendment approved, increasing shares from 3,755,658 to 4,305,658.
Skillsoft receives Saudi regulatory clearance for Global Knowledge sale; all approvals secured
EHJob GP LLC obtained clearance from Saudi Arabia's General Authority for Competition for the sale of Global Knowledge.
Skillsoft Q1 FY2027 revenue down 5% to $94.5M; net loss improves; GK segment held for sale
Revenue $94.5M, down 5% YoY; Net loss improved to $18.7M ($2.12 loss per share) from $29.6M ($3.56 loss per share).
Skillsoft names Ron Kisling CFO as John Frederick retires; Global Knowledge sale underway
Ronald Kisling appointed CFO effective May 20, 2026; John Frederick retires, serves as advisor through Sep 4, 2026.
Skillsoft sells Global Knowledge ILT business to Enduring Ventures; up to $20M total consideration
Initial consideration $10M (funded by cash, seller note, or third-party); deferred consideration up to $8M net, payable in 5 quarterly installments.
Q4 total revenue $131M vs $134M prior year; TDS revenue flat at $103M; net loss $37M ($4.19/share) vs $31M.
Skillsoft appoints Delinea CEO Art Gilliland to Board of Directors effective March 25, 2026
Art Gilliland appointed Class II director effective March 25, 2026, term to 2026 annual meeting.
Skillsoft receives NYSE delisting notice for low market cap and equity
Notice received March 26, 2026; 30-day avg market cap <$50M and equity <$50M as of Oct 31, 2025.
Skillsoft Q3 rev down 6% to $129M; net loss widens to $41M; strategic review of GK
Total revenue $129M (-6% YoY); TDS $101M (-2%), GK $28M (-18%).
Lawrence H. Summers resigns from Skillsoft board effective November 19, 2025
Summers served on board since June 2021 and was a member of the Nominating and Governance Committee.
Skillsoft director Fahd Beg resigns; Denis Nikolaev appointed
Director Fahd Beg resigned effective Nov 15, 2025, contingent on replacement; no disagreement with company.
Skillsoft GM Talent Development Solutions Apratim Purakayastha resigns effective Oct 24
Resignation not due to any disagreement with Skillsoft on operations, policies, or practices.
Skillsoft Q2 revenue $129M (-3% YoY); guides FY revenue down, maintains EBITDA target
Revenue $129M (-3% YoY); TDS flat $101M, GK $28M (-10% YoY).
Stockholders recommended annual say-on-pay frequency at July 17, 2025 annual meeting.
Skillsoft annual meeting approves all proposals including say-on-pay
Class I directors Hovsepian, Frankola, Schmitt elected with 5.59M, 4.98M, 5.57M votes for.
Skillsoft Q1 revenue $124M (-3% YoY); Adj. EBITDA $22M; reaffirms FY2026 outlook
TDS revenue $99M (+1% YoY), third consecutive quarter of growth; GK revenue $25M (-16% YoY).
Skillsoft Corp. appoints Keith Swiniarski as principal accounting officer after Jose Torres resigns
Jose Torres ceased as Chief Accounting Officer effective June 2, 2025, resigning to pursue other opportunities.
Skillsoft appoints John Frederick as CFO; Rich Walker to exit by July 4, 2025
John Frederick, formerly Chief Transformation Officer, named CFO effective May 15, 2025.
Skillsoft Q4 rev $134M, adj EBITDA $30M; FY2026 rev guided $530M-$545M
Q4 revenue $134M (down 3% YoY); full year $531M (down 4% YoY) above top of outlook range.
Skillsoft Q3: Revenue $137M, adj. EBITDA $32M (23% margin); raises FY25 revenue guidance
Total revenue of $137M vs $139M prior year; Talent Development Solutions revenue up 2% to $103M, Global Knowledge revenue $34M vs $38M.
Skillsoft Q2 revenue $132M (-6% YoY); net loss $40M; Adj EBITDA $28M (21% margin)
Revenue $132M down 6% YoY; TDS $102M (-1%), Global Knowledge $31M (-20%).
Skillsoft finalizes CEO agreement with Hovsepian: $772.5K salary, $1.5M bonus, stock-based awards
Base salary $772,500, target annual bonus 100%, one-time $1.5M sign-on bonus.
Skillsoft approves $200K retention award to General Manager Apratim Purakayastha
$200,000 one-time retention cash payment to Apratim Purakayastha, General Manager, Talent Development Solutions.
Skillsoft appoints Fahd Beg and Jim Frankola to board; Illg and Tarr resign
Fahd Beg (Prosus investment partner) and Jim Frankola (ex-Cloudera CFO) appointed as directors, effective July 18, 2024.
Skillsoft stockholders approve 1.1M share increase in 2020 Omnibus Plan at annual meeting
Stockholders approved Amendment to increase 2020 Plan share reserve by 1.1M shares to total 2,908,333 shares.
Director Lawrence C. Illg resigns from Skillsoft board effective July 18, 2024
Lawrence C. Illg notified Board of resignation, effective upon annual meeting on July 18, 2024.
Skillsoft lowers FY2025 revenue outlook to $510-525M, reaffirms EBITDA, authorizes $10M buyback
Revenue guidance cut to $510-525M (prior $530-550M); Adjusted EBITDA reaffirmed at $105-110M.
Skillsoft Q1 FY2025 revenue $128M (-6% YoY); net loss improves; reaffirms FY outlook
Total GAAP revenue of $128M, down 6% YoY; Content & Platform flat at $98M; ILT revenue down 20% to $30M.
Skillsoft finalizes CEO Jeffrey Tarr separation; 2x salary bonus, extended RSU vesting
Jeffrey R. Tarr retired as President/CEO effective April 16, 2024, and left as advisor on May 9, 2024.
Director Patrick Kolek to leave Board at July 2024 annual meeting
Patrick Kolek not standing for re-election; term ends at annual meeting on July 18, 2024.
Skillsoft Q4 revenue $138M (-2% YoY); adjusted EBITDA $28M beats top end of FY guidance
Content & Platform segment revenue $102M (+4% YoY); ILT segment revenue $36M (-16%).
Skillsoft names Ron Hovsepian Executive Chair & CEO; Jeff Tarr retires effective April 16
Hovsepian appointed Executive Chair and principal executive officer effective April 16, 2024; succeeds retiring CEO Jeffrey R. Tarr.
GAAP net loss improved to $28M ($3.45/share) from $528M loss ($64.29/share) a year ago.
NYSE to delist Skillsoft warrants for abnormally low price; company will not appeal
NYSE notified Skillsoft on Oct 24, 2023 of intent to delist warrants (SKIL.WS) due to abnormally low price levels.
Skillsoft completes 1-for-20 reverse stock split to maintain NYSE listing
Reverse stock split effective 5:00pm ET Sept 29, 2023 at 1-for-20 ratio.
Skillsoft announces 1-for-20 reverse stock split effective Sep 29; trading begins Oct 2
Reverse stock split ratio of 1-for-20 approved by board; every 20 shares become 1 share.
Skillsoft Q2 FY2024 Revenue $141M (+<1%); Content & Platform Bookings +7%
Total Bookings grew 4% YoY; Content & Platform segment Bookings up 7% and Revenue up 4% to $103M.
Skillsoft shareholders approve officer exculpation amendment and reverse stock split authorization
Approved amendment limiting officer liability for breach of fiduciary duty (106.4M for, 13.7M against).
Skillsoft Q1 FY2024: Content & Platform bookings +9% CC, GAAP revenue $136M, net loss $44M
GAAP revenue $136M (+1% YoY); Content & Platform segment revenue $99M (+10%), Instructor-Led $37M (-18%).
Full year GAAP revenue $555M; GAAP net loss $725M; adjusted EBITDA $107M (margin 19%).
Delaware Chancery Court validates Skillsoft's Certificate of Amendment and shares issued in merger
Court granted Section 205 petition validating Certificate of Amendment effective as of June 10, 2021.
Filed petition in Delaware Chancery Court under Section 205 to validate Certificate of Amendment that increased authorized Class A shares from 200M to 375M.
Skillsoft completes SumTotal sale to Cornerstone; restates prior periods as discontinued ops
Completed disposition of 100% of Amber Holding Inc. (SumTotal) to Cornerstone OnDemand on Aug. 15, 2022.
Skillsoft updates prior period financials to reflect SumTotal sale as discontinued operations
Completed disposition of 100% of SumTotal equity to Cornerstone OnDemand on Aug 15, 2022.
Skillsoft files audited SPAC predecessor financials for Jan-Jun 2021
Filed audited financials of Churchill Capital Corp II for period Jan 1, 2021 to June 10, 2021.
Skillsoft amends Q3 FY2023 earnings: corrects nine-month loss per share from continuing ops to $4.67
Correction: nine-month loss per share from continuing ops revised to $4.67 from $4.78; discontinued ops income per share revised to $0.40 from $0.41.
Skillsoft reports Q3 net loss $528M (incl $571M goodwill impairment); reaffirms FY23 guidance
GAAP net loss of $528M includes $571M goodwill impairment charge; Adjusted EBITDA of $28M.
Skillsoft updates 2022 Form 10-K to reflect SumTotal as discontinued operations after sale
Disposed 100% of Amber Holding Inc. (SumTotal) to Cornerstone OnDemand on August 15, 2022.
John Frederick retired as the Company’s Chief Financial Officer effective as of the Transition Date.
Keith Swiniarski, the Company’s VP, Finance, was appointed by the Board as the Company’s Corporate Controller and principal accounting officer, effective June 5, 2025 (the “ Swiniarski Promotion ”).
Effective June 2, 2025, Jose Torres ceased to serve as Skillsoft Corp.’s (the “ Company ’ s ”) Chief Accounting Officer and principal accounting officer and departed from the Company.
Rich Walker ceased to serve as the Company’s Chief Financial Officer effective as of the Transition Date
On May 15, 2025, the Board of Directors (“ Board ”) of Skillsoft Corp. (the “ Company ”) appointed John Frederick as the Company’s Chief Financial Officer, effective as of May 15, 2025
On September 4, 2024 (the “Effective Date”), the Company entered into a letter agreement with Mr. Hovsepian (the “Agreement”), pursuant to which he will serve as our Executive Chair and Chief Executive Officer.
On July 18, 2024, the Board of Directors (the “Board”) of Skillsoft Corp. (the “Company”) appointed Mr. Fahd Beg and Mr. Jim Frankola as directors to fill vacancies on the Board created by the resignations of Mr. Lawrence C. Illg and Mr. Jeffrey Tarr, respectively, each appointment effective as of the completion of the Company’s annual meeting of stockholders on July 18, 2024.
On July 18, 2024, the Board of Directors (the “Board”) of Skillsoft Corp. (the “Company”) appointed Mr. Fahd Beg and Mr. Jim Frankola as directors to fill vacancies on the Board created by the resignations of Mr. Lawrence C. Illg and Mr. Jeffrey Tarr, respectively, each appointment effective as of the completion of the Company’s annual meeting of stockholders on July 18, 2024.
On July 18, 2024, the Board of Directors (the “Board”) of Skillsoft Corp. (the “Company”) appointed Mr. Fahd Beg and Mr. Jim Frankola as directors to fill vacancies on the Board created by the resignations of Mr. Lawrence C. Illg and Mr. Jeffrey Tarr, respectively, each appointment effective as of the completion of the Company’s annual meeting of stockholders on July 18, 2024.
On July 18, 2024, the Board of Directors (the “Board”) of Skillsoft Corp. (the “Company”) appointed Mr. Fahd Beg and Mr. Jim Frankola as directors to fill vacancies on the Board created by the resignations of Mr. Lawrence C. Illg and Mr. Jeffrey Tarr, respectively, each appointment effective as of the completion of the Company’s annual meeting of stockholders on July 18, 2024.
On July 13, 2024, Lawrence C. Illg notified the Board of Directors (the “Board”) of Skillsoft Corp. (the “Company”) of his resignation from the Board, effective as of the completion of the Company’s annual meeting of stockholders on July 18, 2024.
As previously announced on April 15, 2024, Jeffrey R. Tarr, the former President and Chief Executive Officer of Skillsoft Corp. (the “Company”), retired from his position effective as of April 16, 2024 (the “Transition Date”).
Max materiality 0.85 · Median 0.62 · Most common event earnings