Online education company Coursera has announced that CEO Rick Levin is stepping down to be replaced by Jeff Maggioncalda, former CEO of asset management company Financial Engines.
Levin, an economist and the president of Yale University from 1993 to 2013, exited retirement to join Coursera as CEO in 2014, replacing cofounders Andrew Ng and Daphne Koller, who had shared the CEO role since the company’s inception.
Founded in 2012, Coursera partners with universities and educational institutions to deliver online courses to more than 26 million students, covering technology, business, and science, among other subjects.
“When I accepted the position of CEO in the spring of 2014, the board and I agreed that my task was to help transform a brilliant and inspiring idea into a thriving company that could then be handed off to someone…
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