SUBSCRIBE

Blackboard Announces New CEO Bill Ballhaus

blackboard new ceo bill ballhaus

--- Advertisement ---

Post Pages - Post Inline - WIRIS

Blackboard has announced that CEO Jay Blatt has stepped down as of January 4th, 2016. Blackboard’s leader since 2012, Blatt cited family issues and the continued evolution of Blackboard as reasons for his departure.

Blatt has been succeeded by Bill Ballhaus, who was most recently the CEO of SRA International. Mr. Ballhaus has stated that he intends to bring a deep commitment to the customer experience to the position and that he is “passionate about driving the benefits of innovation and technology into the hands of students and educators.”

Analysts have weighed in on the surprise change at Blackboard noting that, while the company seemed poised for a sale in mid-2015, this move essentially eliminates that option for the next several years. While at SRA, Ballhaus focused on international operations and preparing the company for an IPO. Assumedly, the Blackboard board was not satisfied with Blatt’s ability to increase the bottom line, release new products and, more generally, make the company more competitive.

While Blackboard brings in around $700 Million USD a year in revenue, Ballhous stated today that he sees no constraints to the potential size of the company.

What do you think the future of Blackboard looks like? Tell us in the comments below!

2 Responses

  1. Of the $700 million in revenue, how much is from Moodle operations, such as Moodlerooms?

  2. In your July 15th article, it states Blackboard earns $200 million per year. So does that mean $200 million of earnings off of $700 million of income?

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Dive Deeper On

The Latest

The eLearn Podcast

--- Advertisement ---

Post Pages - Sidebar 4 - CourseMerchant

--- Advertisement ---

Post Pages - Sidebar 7 - Titus Learning

--- Advertisement ---

Post Pages - Sidebar 5 - Edwiser (RemUI)

Subscribe to our newsletter

Education technology has the power to change lives. 

To get the latest news, information and resources about online learning from around the world by clicking on the button below.