Duolingo Announces CFO Transition

Leadership Transition - Gillian Munson has been appointed as the new Chief Financial Officer (CFO) of Duolingo, effective February 23, 2026, succeeding Matt Skaruppa, who will remain in an advisory role during the transition [1] - Matt Skaruppa has been with Duolingo for nearly six years, during which he led the company through a successful initial public offering and achieved six consecutive years of disciplined financial growth [2][3] Gillian Munson's Background - Munson has served on Duolingo's Board of Directors since 2019 and has extensive experience in financial leadership, having previously held CFO positions at Vimeo, Iora Health, and XO Group, among others [3][4] - She expressed enthusiasm for stepping into the CFO role, citing her respect for Duolingo's culture and commitment to education [4] Financial Performance Update - Duolingo reported a preliminary update for the fourth quarter of 2025, indicating a year-over-year growth of approximately 30% in Daily Active Users (DAU) and bookings expected to be at or slightly above the high end of the guidance range of $329.5 million to $335.5 million [5] - CEO Luis von Ahn emphasized the company's focus on improving teaching and user growth, indicating a commitment to invest in product development despite potential short-term trade-offs [6] Company Overview - Duolingo is recognized as the leading mobile learning platform globally, with its app being the most popular way to learn languages and the top-grossing app in the Education category on both Google Play and the Apple App Store [9] - The company is dedicated to providing an engaging and effective learning experience while striving to make quality education universally accessible [9]