Petr Paucek

2U, Inc. Announces Leadership Transition

Retrieved on: 
Friday, November 17, 2023

LANHAM, Md., Nov. 17, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today announced a change of leadership to spearhead the next stage of its evolution as it focuses on improving operational efficiency and delivering profitable growth and cash flow. The Board of Directors has appointed Paul Lalljie, the company's current Chief Financial Officer, to succeed Christopher "Chip" Paucek as Chief Executive Officer and as a member of the Board of Directors, effective immediately. Additionally, Matt Norden, the company's Chief Legal Officer, will also assume the role of Chief Financial Officer. Paucek will remain an employee of the company through December 15, 2023, at which time he will transition to Special Advisor.

Key Points: 
  • Paucek will remain an employee of the company through December 15, 2023, at which time he will transition to Special Advisor.
  • "The Board and Chip have mutually determined that this is the right time for a leadership change," said Paul Maeder, Chair of the Board of Directors of 2U.
  • Continuity of leadership is important, and Paul has been a key member of the team at 2U for more than four years.
  • I am confident that under Paul's leadership, the company is well positioned to take the necessary steps to deliver profitable growth in the future."

2U CEO Chip Paucek Joins SponsorUnited's Board of Directors

Retrieved on: 
Thursday, August 24, 2023

STAMFORD, Conn., Aug. 24, 2023 /PRNewswire/ -- SponsorUnited, the leading global sports and entertainment intelligence platform, delivering actionable data and insights to build stronger marketing partnerships, is pleased to announce the appointment of Christopher "Chip" Paucek to its Board of Directors. Paucek's vast experience as a visionary entrepreneur and CEO will catalyze SponsorUnited's growth and strategic direction.

Key Points: 
  • Paucek's vast experience as a visionary entrepreneur and CEO will catalyze SponsorUnited's growth and strategic direction.
  • "I've known Chip since the early days of 2U and I was deeply inspired by his mission," said Bob Lynch, Founder and CEO of SponsorUnited.
  • Paucek has been recognized for his dedication to creating a better future for all through the power of high-quality online education.
  • Paucek's most recent role prior to co-founding 2U was serving as the CEO of Smarterville Inc.–the company behind Hooked on Phonics–from 2007-2008.

2U, Inc. Welcomes Aaron McCullough as Chief Product Officer

Retrieved on: 
Tuesday, July 11, 2023

LANHAM, Md., July 11, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX, today announced the appointment of Aaron McCullough as Chief Product Officer.

Key Points: 
  • LANHAM, Md., July 11, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX, today announced the appointment of Aaron McCullough as Chief Product Officer.
  • In this role, McCullough will oversee the engineering, product, and learning innovation teams and lead the development and implementation of the company's overarching product strategy.
  • Before joining Coursera, McCullough headed Global Product Management at Uber Transit, where he successfully scaled the product management team, led the strategic acquisition and integration of Routematch, and oversaw the launch of new products.
  • As an executive officer of the company, Mr. McCullough is eligible to participate in the company's executive officer compensation program.

2U and edX Celebrate 50,000 Online Degree Program Graduates

Retrieved on: 
Tuesday, January 10, 2023

LANHAM, Md., Jan. 10, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the parent company of leading global online learning platform edX, today announced that over 50,000 learners have graduated from its university partners' online degree programs. 2U and edX currently power over 180 undergraduate and graduate programs from 36 university partners, supporting high-quality online education that improves accessibility and outcomes for students around the globe.

Key Points: 
  • 36 university partners offer over 180 online degree programs to improve quality, access, and outcomes in higher education
    LANHAM, Md., Jan. 10, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the parent company of leading global online learning platform edX, today announced that over 50,000 learners have graduated from its university partners' online degree programs.
  • 2U and edX currently power over 180 undergraduate and graduate programs from 36 university partners, supporting high-quality online education that improves accessibility and outcomes for students around the globe.
  • According to 2U's 2021 transparency report , its partners' online degree programs have a 73% graduation rate.
  • In 2022, 2U announced a significant update to its degree partnership model to support a wider array of programs and institutions through the edX platform.

2U, Inc. Announces $3 Million Scholarship Fund to Expand Access to Tech Boot Camps at 30 Top Universities Nationwide

Retrieved on: 
Thursday, June 11, 2020

Many of these jobsespecially in sectors already at risk of automationaren't coming back," 2U Co-Founder and CEO Christopher "Chip" Paucek said.

Key Points: 
  • Many of these jobsespecially in sectors already at risk of automationaren't coming back," 2U Co-Founder and CEO Christopher "Chip" Paucek said.
  • "This scholarship fund removes barriers for workers who are traditionally underrepresented in the tech industry by increasing the affordability of top university boot camps across 2U's network.
  • In addition to the Scholarship Fund, 2U has begun rolling out a 24-month, no-interest payment plan option for students enrolling in select boot camps across its university partner network.
  • Over 25,000 working adults have successfully completed Trilogy-powered boot camps, and thousands of companiesranging from startups to the Fortune 500employ them.

2U, Inc. Announces $3 Million Scholarship Fund to Expand Access to Tech Boot Camps at 30 Top Universities Nationwide

Retrieved on: 
Wednesday, June 10, 2020

Many of these jobsespecially in sectors already at risk of automationaren't coming back," 2U Co-Founder and CEO Christopher "Chip" Paucek said.

Key Points: 
  • Many of these jobsespecially in sectors already at risk of automationaren't coming back," 2U Co-Founder and CEO Christopher "Chip" Paucek said.
  • "This scholarship fund removes barriers for workers who are traditionally underrepresented in the tech industry by increasing the affordability of top university boot camps across 2U's network.
  • In addition to the Scholarship Fund, 2U has begun rolling out a 24-month, no-interest payment plan option for students enrolling in select boot camps across its university partner network.
  • Over 25,000 working adults have successfully completed Trilogy-powered boot camps, and thousands of companiesranging from startups to the Fortune 500employ them.

2U, Inc. to Present at the KeyBanc Annual Technology Leadership Forum

Retrieved on: 
Friday, August 2, 2019

LANHAM, Md., Aug. 2, 2019 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced its scheduled participation in the KeyBanc 21st Annual Technology Leadership Forum in Vail, CO on Tuesday, August 13, 2019 at 8:30 a.m. MDT (10:30 a.m. EDT).

Key Points: 
  • LANHAM, Md., Aug. 2, 2019 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced its scheduled participation in the KeyBanc 21st Annual Technology Leadership Forum in Vail, CO on Tuesday, August 13, 2019 at 8:30 a.m. MDT (10:30 a.m. EDT).
  • 2U Co-Founder and CEO Christopher "Chip" Paucek will present on the company's history, strategy, and financial results.
  • An archive of the webcast will also be available for 90 days following the live presentation.
  • For more than a decade, 2U, Inc., a global leader in education technology, has been a trusted partner and brand steward of great universities.

2U, Inc. to Present at the 2019 Needham Emerging Technology Conference

Retrieved on: 
Friday, May 17, 2019

LANHAM, Md., May 17, 2019 /PRNewswire/ --2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced its scheduled participation in the 2019 Needham Emerging Technology Conference in New York, NY.

Key Points: 
  • LANHAM, Md., May 17, 2019 /PRNewswire/ --2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced its scheduled participation in the 2019 Needham Emerging Technology Conference in New York, NY.
  • 2U's Co-Founder and Chief Executive Officer Christopher "Chip" Paucek will present on the company's history, strategy, and financial results on Wednesday, May 22 at 11:40 a.m. EDT.
  • An archive of the webcast will also be available for 90 days following the live presentation.
  • For more than a decade, 2U, Inc., a global leader in education technology, has been improving lives by powering world-class digital education.

2U, Inc. Receives Prince George's Chamber of Commerce's "Business of the Year" Award

Retrieved on: 
Monday, October 8, 2018

The honor acknowledges the achievements of the county's leading businesses and individuals for demonstrating commitment to economic growth and development, community involvement, and leadership.

Key Points: 
  • The honor acknowledges the achievements of the county's leading businesses and individuals for demonstrating commitment to economic growth and development, community involvement, and leadership.
  • "We are honored to receive this recognition and thrilled to call Prince George's County home to our global headquarters and a growing workforce of 1,000," said Co-Founder and CEO Christopher "Chip" Paucek.
  • "The strength and diversity of the local talent pool, combined with the support and partnership of the County and Chamber of Commerce, have been critical to our success."
  • With assistance and support from the Maryland Department of Commerce and Prince George's County, the company relocated its headquarters to Lanham in 2017 to accommodate its rapid growth.

2U, Inc. Co-Founder and CEO Christopher "Chip" Paucek Named Washingtonian Tech Titan for the Third Time

Retrieved on: 
Thursday, September 20, 2018

LANHAM, Md., Sept. 20, 2018 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced Co-Founder andCEO Christopher "Chip" Paucek has been named to the 2018 Washingtonian Tech Titan list.

Key Points: 
  • LANHAM, Md., Sept. 20, 2018 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced Co-Founder andCEO Christopher "Chip" Paucek has been named to the 2018 Washingtonian Tech Titan list.
  • It is the third time that Paucek has been chosen as a Tech Titan, a list which is determined based upon a biannual survey of tech luminaries across the broader D.C. region.
  • "It's fun to be recognized again alongside such a great group of fellow entrepreneurs and innovators.
  • In 2017, Paucek was also named among America's best chief executives by Institutional Investor magazine, ranking third among mid-cap technology, media, and telecom companies.