Leadership Changes at 360Learning: Marchal Steps Up as CEO
360Learning Announces New Leadership Structure
360Learning, a prominent name in the collaborative learning sector, has recently appointed Benjamin Marchal as the new Chief Executive Officer (CEO), effective from the start of a new year. This transition denotes a significant step for the company, as Nick Hernandez, who founded 360Learning, will continue to guide the strategic vision of the organization as Chair of the Board.
Benjamin Marchal's Key Role in Growth
Since joining 360Learning in 2019, Benjamin has been integral to the company's impressive growth trajectory. Working closely with Nick Hernandez, he has overseen various critical areas such as Product Development, Marketing Strategy, Human Resources, Operations, and North American Revenue. His leadership has been pivotal in expanding the company’s footprint into North America, Germany, and the UK, as well as successfully navigating two major mergers and acquisitions that proved beneficial for the organization.
Strategic Focus Moving Forward
As Benjamin takes on his new role, he is committed to ensuring the company achieves cash-flow positivity by 2025, along with reaching an ambitious €100 million in annual recurring revenue by 2027. These milestones reflect the organization’s growth ambitions and the focus on delivering innovative solutions that empower companies through collaborative learning, artificial intelligence, and skill enhancement.
Vision from the Board
Nick Hernandez, now the Chair of the Board, expressed pride in the journey 360Learning has taken over the past 11 years. He emphasized Benjamin’s instrumental role in driving the company’s expansion and addressed the future potential under Benjamin’s leadership. The board has expressed confidence in this transition, highlighting the stability and continuity it brings.
Benjamin Marchal's Vision as CEO
As the incoming CEO, Benjamin Marchal shared his excitement about this new challenge. He has a clear vision of leading 360Learning toward becoming a global leader in collaborative learning, emphasizing the importance of upskilling and empowering individuals within organizations.
Community and Investor Support
Board members Sanjeet Mitra and George Kadifa, representing Sumeru Equity Partners, acknowledged the growth and transformation 360Learning has undergone since their investment. They celebrated both Nick and Benjamin for their strategic insights and operational leadership, expressing confidence in their continued success.
360Learning's Growth and Innovations
Founded in 2013, 360Learning has established itself as an industry leader, raising $240 million from notable investors such as Sumeru, SoftBank, and Silver Lake. The platform serves over 2,300 customers, including major corporations like Cisco, Biogen, Kinaxis, and Toyota. 360Learning’s innovative approach includes the recent launch of SkillsGPT and the integration of eLamp, enhancing their ability to provide tailored skill development solutions.
Nick Hernandez's Ongoing Commitment
Although now in a new role, Nick Hernandez remains committed to 360Learning's future. His experience and knowledge will be crucial as he supports M&A strategies and product development as the Chair.
About 360Learning
360Learning is an AI-driven learning platform dedicated to fostering collaborative learning. With a mission to empower organizations, the platform helps identify skill gaps and enables knowledge transfer effectively. Since its inception, 360Learning has expanded its workforce to over 400 employees across North America and the EMEA region, solidifying its position in the modern EdTech landscape.
Frequently Asked Questions
Who is the new CEO of 360Learning?
Benjamin Marchal has been appointed as the new CEO of 360Learning.
What is the future goal for 360Learning?
The company aims to achieve cash-flow positivity by 2025 and reach €100 million in annual recurring revenue by 2027.
Who is Nick Hernandez?
Nick Hernandez is the founder of 360Learning and will serve as Chair of the Board, guiding the company's strategic direction.
When did Benjamin Marchal start working at 360Learning?
Benjamin Marchal joined 360Learning in 2019 and has been instrumental in the company’s growth since then.
What is the mission of 360Learning?
The mission of 360Learning is to empower companies through collaborative learning, focusing on skills development and AI integration.
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