2U Unveils New Organizational Structure; Creates Two Executive Roles To Lead Each Of Company's Business Segments
Portfolio Pulse from Benzinga Newsdesk
2U, Inc. has announced a new organizational structure, creating two executive roles to lead its business segments. Andrew Hermalyn has been appointed as President of the Degree Program Segment, while Aaron McCullough has been appointed as President of the Alternative Credential Segment.
January 03, 2024 | 9:03 pm
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2U, Inc. has restructured its organization, appointing Andrew Hermalyn and Aaron McCullough as Presidents of its Degree Program and Alternative Credential Segments, respectively.
The restructuring of 2U, Inc. with the creation of two new executive roles indicates a strategic realignment which could be viewed positively if it leads to improved focus and performance in each segment. However, without specific performance indicators or market reactions, the short-term impact on the stock price is uncertain, hence a neutral score is given.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100