360Learning, the world’s leading collaborative learning
platform, is pleased to announce the appointment of Benjamin
Marchal as Chief Executive Officer (CEO), effective January 1,
2025. Nick Hernandez, founder and current CEO, will remain
Chair of the Board, closely involved in the company’s long-term
vision and strategic direction.
Since joining 360Learning in 2019, Benjamin Marchal has been a
key driver of the company’s rapid growth, partnering closely with
Nick Hernandez to oversee key functions such as Product, Marketing,
HR, Operations, and North American Revenue. As Benjamin’s role
steadily expanded, he spearheaded the company’s successful
expansion into North America, Germany, and the UK, and supported
two major M&A transactions that delivered significant results.
He also strengthened the leadership team, hiring key executives
including Sidonie Viala (Chief People Officer), Chris Bondarenko
(Chief Revenue Officer), and Gillian Core (Chief Customer Officer).
These efforts have positioned 360Learning on a clear path to
achieving cash-flow positivity by 2025.
The leadership transition between Nick Hernandez and Benjamin
Marchal has been carefully prepared over the past several years,
with full support from the board, leadership team, and the broader
company. This planned transition reflects the company's commitment
to stability, continuity, and upskilling from within as it embarks
on this new chapter.
Looking ahead, the team, under Benjamin’s direction, is focused
on achieving global leadership by delivering groundbreaking
innovations that empower companies to upskill at unparalleled speed
through collaborative learning, AI, and skills development. Key
financial milestones include achieving cash-flow positivity by 2025
and reaching €100M ARR by 2027.
Nick Hernandez, founder and Chairman, commented:
"Leading 360Learning for the past 11 years has been a remarkable
journey, and I am incredibly proud of what we’ve built. Benjamin
has been instrumental in shaping our growth strategy, particularly
in expanding into new markets and overseeing critical milestones.
He has consistently demonstrated the leadership and strategic
thinking needed to take 360Learning to new heights. I look forward
to supporting him and the team as Chairman."
Benjamin Marchal, incoming CEO, commented:
"I am excited to take on this new challenge and continue our
mission of leading the global collaborative learning movement. Over
the past six years, I’ve had the privilege of working closely with
Nick and our exceptional team to achieve remarkable milestones. As
we look to the future, our focus remains on building a global
leader based out of Europe, reaching cash-flow positivity in 2025,
and scaling to €100M ARR over the next two years."
Sanjeet Mitra & George Kadifa, board members from
Sumeru Equity Partners, added:
“360Learning has continued to transform corporate learning and
has grown meaningfully since our investment in 2021. It has been a
sincere privilege to work with both Nick and Benjamin as they have
fueled the company’s ongoing success. As COO, Benjamin has
consistently demonstrated strategic insight, operational rigor, and
strong leadership in scaling the company. With the strong
foundation Benjamin & Nick have jointly built, the entire board
is fully confident in Ben’s leadership as we enter this exciting
next chapter. Congratulations to Benjamin & Nick on their new
roles!”
Founded in 2013, 360Learning raised $240 million from investors
including Sumeru, SoftBank, Silver Lake, XAnge, BPI, Hi Inov, and
EduCapital, serving over 2,300 customers, including Cisco, Biogen,
Kinaxis, and Toyota. With a strong focus on AI-powered skills
development, 360Learning recently launched SkillsGPT and integrated
eLamp (acquired in late 2023), empowering HR and L&D leaders to
scale skills-based learning across their organizations.
Nick Hernandez – Founder and Chair
Nick Hernandez founded 360Learning in 2013 with a vision to
revolutionize corporate training through collaborative learning.
Under his leadership, 360Learning evolved from a startup to a
global leader in EdTech, transforming the way organizations
approach skills development and learning at scale. Nick has guided
the company through multiple successful funding rounds and key
M&A transactions. Based in Paris, Nick will continue to play a
key role in M&A strategy, product development, and advising the
board as Chairman.
Benjamin Marchal – Incoming CEO
Benjamin Marchal began his career as a consultant at McKinsey
& Company, where he was struck by the surprising lack of
emphasis on Learning & Development as a strategic lever in
business transformation. Motivated to change this, he joined
360Learning in 2019, playing a key role in scaling the company from
100 to 400 employees and supporting the Series C funding round.
Since 2023, he has overseen Product, Marketing, HR, and US Revenue.
Based in Paris, Marchal is now set to lead 360Learning into its
next phase of growth as CEO.
About 360Learning:
360Learning is the AI-powered, end-to-end learning platform for
collaborative learning. We empower learning & development teams
at 2,300+ companies to drive business impact by pinpointing skills
gaps, capturing knowledge from experts, and delivering it to
learners when needed most. Founded in 2013, the company has raised
$240 million and built a team of 400+ across North America and
EMEA.
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version on businesswire.com: https://www.businesswire.com/news/home/20240918967919/en/
Amelia Heathman amelia@burlington.cc