Management ChangeMay 21, 2026, 07:02 AM
Skillsoft Appoints Ron Kisling as CFO; John Frederick Retires
AI Summary
Skillsoft Corp. announced the appointment of Ronald Kisling as its new Chief Financial Officer, effective May 20, 2026. Mr. Kisling brings over 40 years of finance experience, including CFO roles at Fastly and Fitbit. Concurrently, John Frederick retired as CFO and will serve as an advisor during the transition period. Kisling's compensation package includes a $500,000 annual base salary, a 75% target annual bonus, a $200,000 signing bonus, and significant equity grants. This leadership change occurs as Skillsoft begins its next phase of transformation following the sale of its Global Knowledge business.
Key Highlights
- Skillsoft appointed Ronald Kisling as Chief Financial Officer, effective May 20, 2026.
- John Frederick retired as CFO, effective May 20, 2026, and will serve as an advisor until September 4, 2026.
- Mr. Kisling's annual base salary is $500,000, with a target annual bonus of 75% of his salary.
- He will receive a cash signing bonus of $200,000.
- Mr. Kisling is eligible for a New Hire Award of 150,000 restricted stock units (50% time-based, 50% performance-based).
- He is also eligible for a supplemental award of 30,000 performance-based restricted stock units.
- The company also announced the sale of its Global Knowledge business unit, expected to close in Q2 2026.
Price Impact
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