- 2U (OTC:TWOUQ) announced that Paul S. Lalljie has been stepping down as CEO. Lalljie served as CEO since late 2023, overseeing a successful financial restructuring in September.
- 2U said that the search for a permanent successor is underway and, meanwhile, has appointed Matthew Norden as interim CEO to lead 2U during this transition.
- Norden is currently 2U’s CFO, and he will continue serving in that role while acting as interim CEO.
2U CEO Paul S. Lalljie steps down, appoints CFO Matthew Norden as interim CEO