Coursera names Patrick Supanc as new Chief Product Officer

Published 02/06/2025, 14:10
Coursera names Patrick Supanc as new Chief Product Officer

MOUNTAIN VIEW, Calif. - Coursera, Inc. (NYSE: COUR), a prominent online learning platform currently valued at $1.4 billion, has announced the appointment of Patrick Supanc as its new Chief Product Officer, starting today. According to InvestingPro data, the company maintains a strong financial position with more cash than debt and a healthy current ratio of 2.55x. With over twenty years of experience in product development and innovation, Supanc’s role is expected to drive the company’s product strategy forward.

Before joining Coursera, Supanc played a significant role at Amazon for nearly a decade, contributing to the growth of services such as Amazon Prime, Amazon Hub, and Kindle. His background also includes leadership in digital learning at Pearson and Blackboard. Supanc’s academic credentials include an AB from Princeton University and a Master of Public Policy from Harvard Kennedy School. The appointment comes as Coursera shows promising growth, with revenue increasing by 7.25% over the last twelve months to $705 million.

Greg Hart, CEO of Coursera, expressed confidence in Supanc’s customer-centric approach and his track record of delivering impactful solutions, which will be crucial as Coursera aims to meet the increasing global demand for online learning.

Supanc himself is eager to contribute to Coursera’s mission of expanding access to high-quality learning, aligning with the platform’s ongoing efforts to broaden its course catalog and improve career-based discovery for in-demand roles. Coursera’s innovation drive is also focused on enhancing the user experience with AI-powered tools, such as AI translations, Coursera Coach, Course Builder, and the Academic Integrity suite, which aim to make learning more personalized and scalable.

The company, founded in 2012 by Andrew Ng and Daphne Koller, has grown to become one of the world’s largest online learning platforms, boasting 175 million registered learners as of March 31, 2025. With a gross profit margin of 54% and seven analysts recently revising earnings estimates upward, Coursera shows strong operational efficiency. The company collaborates with over 350 university and industry partners, offering a wide array of educational content and credentials. As a public benefit corporation and a B Corp, Coursera is committed to providing universal access to world-class learning. For detailed insights into Coursera’s financial health and growth prospects, including exclusive ProTips and comprehensive analysis, visit InvestingPro.

This strategic appointment is part of Coursera’s expansion and enhancement of its learning platform, as it continues to adapt to the evolving educational needs of learners globally. This information is based on a press release statement from Coursera.

In other recent news, Coursera Inc. reported its first-quarter earnings for 2025, surpassing analysts’ expectations. The company achieved earnings per share of $0.12, exceeding the forecast of $0.08, and reported revenue of $179 million, which was higher than the anticipated $175.58 million. This marks a 6% increase in revenue compared to the same period last year, showcasing Coursera’s growth in the competitive online education market. The company also reported a gross profit of $100 million, representing a 9% year-over-year increase, and a net income of $20 million, accounting for 11% of revenue.

Coursera has been focusing on innovation, launching several AI-driven products and services, which have contributed to its strong financial performance. Additionally, the company has expanded its course offerings, including nearly 700 AI courses, to meet growing demand. Coursera’s partnerships with major tech firms like Google and Microsoft continue to bolster its market presence. The company has also simplified its business model by integrating its consumer and degree segments, aiming to enhance the learner experience.

Looking ahead, Coursera has provided revenue guidance for the full year 2025, projecting between $720 million and $730 million, indicating a growth rate of 4% to 5%. Despite potential macroeconomic challenges, the company remains optimistic about its strategic initiatives. Analysts from firms such as William Blair and RBC have shown interest in Coursera’s content expansion and career discovery solutions, which are expected to drive future growth.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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