Skillsoft Appoints John Frederick as Chief Financial Officer

Skillsoft Appoints John Frederick as Chief Financial Officer

Skillsoft, the platform that empowers organizations and learners to unlock their full potential, today announced it has appointed John Frederick, the Company’s Chief Transformation Officer (CTO), as Chief Financial Officer, effective immediately. Mr. Frederick succeeds Rich Walker, who is stepping down to pursue other opportunities. To facilitate a smooth transition, Mr. Walker will serve in an advisory capacity until July 4, 2025.

Mr. Frederick has over three decades of financial and operational leadership experience at growth-oriented companies. Since re-joining Skillsoft as CTO in August 2024, he has overseen the Company’s business planning, working closely with the leadership team to refine and begin the implementation of the Company’s strategy to drive growth, competitiveness, and efficiency. From 2018 through 2021, he served as Skillsoft’s Chief Administrative Officer, which included leading the finance team, and the CEO of SumTotal Systems, LLC, a Skillsoft business acquired by Cornerstone in 2022. Mr. Frederick previously served as CFO of Indigo Ag, Avid Technology, Inc., and Open Solutions, Inc., among other roles.

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“John’s deep familiarity with Skillsoft, our market and our team, as well as his experience leading finance organizations, make him a natural choice to serve as our next CFO,” said Ron Hovsepian, Executive Chair and Chief Executive Officer. “John is a skilled operator who has a proven track record of leading transformations, instilling financial discipline, and driving profitable growth. He has been an important partner to the management team as we worked through the design and initial implementation phases of our transformation, and I am confident he will be a key player in helping us successfully execute our strategic plan. The Skillsoft team looks forward to continuing to work closely with John as we build on our recent progress, drive success for our customers and learners, and unlock further shareholder value.”

“I am excited to be named CFO at this important time in our strategic journey,” said Mr. Frederick. “We have made progress toward enhancing our operational execution to achieve improved profitability and positive free cash flow. I look forward to helping our team drive growth and enhance value while furthering our mission of unlocking human potential.”

Mr. Hovsepian added, “On behalf of the Board and management team, we thank Rich for his significant contributions and dedication to Skillsoft over the past four years. Rich has been a key member of the Skillsoft management team, and we wish him all the best in his future endeavors.”

Mr. Walker’s departure is not related to the Company’s financial or operating results or to any disagreement with the Company regarding its financial, operational, accounting, or reporting policies or practices.

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[To share your insights with us, please write to psen@itechseries.com ] 

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