Udemy CEO Hugo Sarrazin Purchase of UDMY Shares in Open Market

May 27, 2025 By Dennis Walsh
Investors

“After 75 days as Udemy’s CEO, I’m even more excited about the phenomenal opportunities ahead for this company. With that in mind, I’ve personally invested the equivalent of my entire first year salary, net of taxes, in Udemy stock, which reflects my strong conviction in our future. 

“We’re executing on two strategic imperatives that will redefine Udemy’s growth trajectory. First, we’re accelerating our transition to a more predictable subscription-based revenue model across our enterprise and consumer businesses, as more individuals are seeking ongoing support to upskill and reskill. Second, as AI fluency is quickly becoming a business imperative, we’re evolving from an online catalog of courses into an AI-powered skills development platform that delivers measurable outcomes for both enterprises and individuals. Importantly, we plan to more intently align our priorities to drive progress on these initiatives that will drive near- and long-term shareholder value.

“The global skills and AI transformation represents a once-in-a-generation opportunity that will define organizational success for years to come. I’m confident that successful execution on our strategy will deliver long-term value for all of Udemy’s stakeholders, which is why I am happy to put my money where my mouth is without hesitation.” – Hugo Sarrazin, Udemy CEO

Udemy SEC filings: https://investors.udemy.com/financial-information/sec-filings

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