Duolingo announced that Chief Financial Officer Matt Skaruppa will step down after nearly six years in the role, marking the departure of a key executive who helped guide the language-learning app through its IPO and a period of rapid growth. Skaruppa, who joined the company in early 2020, will remain CFO until February 23, 2026, before moving into an advisory role to support a smooth transition News.az CNA.
During his tenure, Duolingo reported consistent revenue growth and improving profitability, converting strong user engagement into paid subscriptions. The company also ramped up its use of artificial intelligence to personalize lessons, which helped attract more users. Preliminary results for the December quarter showed daily active users up 30% year-over-year, with Q4 bookings projected between $329.5 million and $335.5 million, slightly below analyst estimates News.az.
Duolingo’s co-founder and CEO Luis von Ahn praised Skaruppa’s leadership, saying he built a “world-class team” that positioned the company for long-term success. Von Ahn emphasized that Skaruppa’s financial stewardship was instrumental in Duolingo’s evolution from a fast-growing startup to a publicly traded company with global reach Yahoo Finance Public.
The incoming CFO, Gillian Munson, has served on Duolingo’s board since 2019 and previously held senior finance roles at Vimeo and other technology companies. Munson’s appointment signals continuity, as she brings both board-level insight and operational expertise to the role. Duolingo highlighted her “track record of strong financial leadership” and deep understanding of the company’s strategy CNA Yahoo Finance.
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