Skillsoft names Ronald Hovsepian executive chair

Skillsoft announced that Ronald Hovsepian has been appointed as the company’s Executive Chair and will serve as principal executive officer, effective as of April 16, 2024. This appointment follows Jeffrey R. Tarr’s decision to retire from his role as Chief Executive Officer and as a member of the Board of Directors, also effective April 16, 2024. To ensure a smooth transition, Tarr will serve in an advisory capacity over the coming weeks. Hovsepian has served as a Skillsoft Board member since 2018, including as Executive Chair from 2018 to 2021. In this capacity, he was instrumental in overseeing the Company’s migration away from its legacy Skillport platform, accelerating the transition to Skillsoft’s innovative Percipio platform, and laying the foundation for Skillsoft to become a leader in best-in-class, transformative learning experiences. Mr. Hovsepian also played a key role in strengthening the Company’s operational and financial foundation, paving the way for Skillsoft to return to the public markets in 2021. “Given Ron’s long history with Skillsoft and deep understanding of the business and strategy, the Board is confident he is the right person to provide continuity of leadership and guide the Company forward,” said Patrick Kolek, Skillsoft’s prior Chair. “Ron is a proven leader with an impressive track record, and his insights will be instrumental as we work to unlock value for Skillsoft, our stockholders and other stakeholders.”