2U says Paul Lalljie to succeed Christopher ‘Chip’ Paucek as CEO

2U 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 CFO, to succeed Christopher “Chip” Paucek as CEO 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 CFO. Paucek will remain an employee of the company through December 15, 2023, at which time he will transition to Special Advisor. Lalljie brings significant experience in finance management in the high-growth technology sector to his new role. Before joining 2U in 2019, he spent 18 years at Neustar, a billion-dollar information services business, where he served as CFO for nine years. During his tenure, Lalljie had global financial and operational responsibility for repositioning Neustar as an information services company. Norden has over a decade of experience at 2U and played a leadership role in the company’s IPO in 2014 and in all subsequent capital markets and M&A activities. Prior to 2U, he was the General Counsel at TOMS Shoes.