Skillsoft appoints new chief marketing officer to drive growth

BOSTON - Skillsoft Corp. (NYSE: SKIL), a company specializing in digital learning and talent management solutions with impressive gross profit margins of 74.6%, has announced the appointment of Raianne Reiss as its new Chief Marketing Officer. According to InvestingPro analysis, the company appears undervalued based on its Fair Value estimates. Reiss, with over two decades of marketing experience in the technology sector, will take on the responsibility of leading the company’s global marketing efforts, focusing on driving demand and enhancing brand visibility.

Reiss’s previous roles include Executive Vice President and Chief Marketing Officer at Yext, as well as marketing leadership positions at Elastic, Amazon Web Services, Juniper Networks, Tellabs, and 3Com. Her expertise spans developing go-to-market strategies, product positioning, and brand strategy development. This appointment comes at a crucial time for Skillsoft, which has seen significant market volatility with its stock showing a 156% return over the past year.

Skillsoft CEO and Executive Chair, Ron Hovsepian, expressed confidence in Reiss’s ability to contribute to the company’s growth and transformation, citing her passion for storytelling, deep knowledge of the technology space, and customer-centric approach.

Reiss shared her enthusiasm for joining Skillsoft during a significant phase of its evolution, emphasizing the company’s role in assisting businesses and individual learners to adapt and thrive in a landscape shaped by AI and advanced technologies.

Skillsoft, which is utilized by 60% of the Fortune 1000 and serves over 95 million learners worldwide, aims to address complex business challenges through AI-driven, interactive learning experiences and enterprise-ready solutions. With annual revenue of $531 million, the company maintains strong market presence despite challenging conditions. For deeper insights into Skillsoft’s financial health and growth prospects, InvestingPro subscribers can access comprehensive analysis and additional ProTips.

This strategic leadership move is expected to further Skillsoft’s ambition to be the premier talent development partner for organizations and learners.

The information in this article is based on a press release statement.

In other recent news, Skillsoft Corp reported its financial results for the fourth quarter of fiscal year 2025, revealing a 4% decline in revenue year-over-year to $531 million. Despite this decrease, the company showed a positive shift in its adjusted EBITDA, which rose to $109.1 million, and achieved a return to positive free cash flow of $11.6 million. Skillsoft also announced its revenue guidance for fiscal year 2026, projecting between $530 million and $545 million, with an anticipated adjusted EBITDA of $112 million to $118 million. The company has been focusing on product innovation and market expansion, launching AI-powered tools and expanding its enterprise offerings. Furthermore, Skillsoft has reduced its gross debt leverage from 6x to 5.3x, indicating an improvement in financial health. Analysts from Oppenheimer have noted the company’s progress, particularly in terms of its go-to-market strategy and large enterprise deals. These developments reflect Skillsoft’s strategic focus on sustainable growth and market leadership as it continues its transformation journey.

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