The future of Coursera’s only credible alternative for universities rests in the hands of 2U’s creditors.

When Class Central covered the Coursera-Udemy merger completion, Hugo Sarrazin’s role was unclear. Not anymore. He’s joining Avalara, a tax and compliance company, as CEO. Here’s the thing. Neither an SEC filing nor a public post announced the departure of the 14-month CEO, which led Udemy to its first profitable year and the $2.5 billion all-stock merger. The Quiet Exit The Coursera-Udemy merger was completed on May 11, 2026. Coursera even released a completion 8-K once it was done. Sarrazin,

How much do Degrees powered by 2U actually cost? Class Central has the answer.

Source: Udemy Investors page The merger is complete. That too, months before its second-half 2026 target. After three failed attempts and five months of regulatory and shareholder review, Coursera and Udemy have finally combined. Now comes the restructuring, the platform integration, and some unanswered leadership questions. The all-stock deal was first announced on December 17, 2025, and approved by stockholders on April 9, 2026. Each Udemy share was exchanged for 0.8 shares of Coursera. Udemy