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Udemy’s Last CEO Quietly Moves On: Joins a Tax & Compliance Company as CEO
When Class Central covered the Coursera-Udemy merger completion, Hugo Sarrazin’s role was unclear. Not anymore. He’s joining Avalara, a tax and compliance company, as CEO.
Here’s the thing. Neither an SEC filing nor a public post announced the departure of the 14-month CEO, which led Udemy to its first profitable year and the $2.5 billion all-stock merger.
The Quiet Exit
The Coursera-Udemy merger was completed on May 11, 2026. Coursera even released a completion 8-K once it was done.
Sarrazin,
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Coursera and Udemy Shareholders Approve Merger With 99% of Votes
On April 9, shareholders of both Coursera and Udemy voted to approve the merger. The votes weren’t close.
At Coursera, 99.4% of votes were in favor of issuing new shares to complete the acquisition. At Udemy, 99.9% voted to adopt the merger agreement. Out of more than 228 million shares that voted across both companies, fewer than 500,000 voted against.
Coursera shareholders also approved doubling the company’s authorized shares from 300 million to 600 million, which is needed to issue the sto
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