|Rosetta Stone Inc. Announces the Appointments of Nick Gaehde and Mathew Hulett as Co-Presidents|
Mr. Gaehde, 58, and Mr. Hulett, 48, will continue running the Literacy and Language businesses of Rosetta Stone, respectively, reporting directly to CEO
“Nick and Matt have shown outstanding leadership in driving our Literacy and Language businesses. We now have a critical need for all of us to work even more closely together as we build world-class K-12 and global English businesses centered on blended learning delivered both in classrooms and in the cloud. I look forward to continuing as CEO and collaborating closely with Nick and Matt on the exciting opportunities before us,” said Mr. Hass.
Mr. Gaehde has been a leader in the digital transformation of K-12 education for over two decades. He has been President of Lexia since 2005, and became a member of the Rosetta Stone leadership team when Lexia was acquired in 2013. While guiding Lexia through several transformations, including the transition to a SaaS business, the growth in its product offering and the development of a direct sales force, he has maintained a keen focus on the company's mission to help improve student literacy. Prior to joining Lexia, Mr. Gaehde served as President of
Mr. Hulett is a seasoned executive with more than 20 years of experience leading product, sales, marketing, operations, and engineering teams for global software companies. He joined Rosetta Stone in
Founded in 1992, Rosetta Stone's language division uses cloud-based solutions to help all types of learners read, write and speak more than 30 languages. Lexia Learning, Rosetta Stone's literacy education division, was founded more than 30 years ago and is a leader in the literacy education space. Today, Lexia helps students build fundamental reading skills through its rigorously researched, independently evaluated, and widely respected instruction and assessment programs.
For more information, visit www.rosettastone.com. "Rosetta Stone" is a registered trademark or trademark of
|"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Rosetta Stone PR's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.|