Edtech Business

Blackboard CEO Michael Chasen steps down; Jay Bhatt to fill shoes

Oct 15, 2012

CHANGING OF THE GUARD: After 15 years at the helm of Blackboard, CEO Michael Chasen is stepping down. The past year witnessed the company on both sides of acquisitions--first its sale to Providence Equity Partners last summer, and gobbling up LMS competitors Moodlerooms and Netspot in a move perceived by some as the company's move towards embracing "open" services. Chasen's replacement by year's end, Jay Bhatt, has a background that is "all over the map," including executive stints at Progress Software Corp. and Autodesk, but not much in the way of the edtech market. Hmm.

Edtech Business

Blackboard CEO Michael Chasen steps down; Jay Bhatt to fill shoes

Oct 15, 2012

CHANGING OF THE GUARD: After 15 years at the helm of Blackboard, CEO Michael Chasen is stepping down. The past year witnessed the company on both sides of acquisitions--first its sale to Providence Equity Partners last summer, and gobbling up LMS competitors Moodlerooms and Netspot in a move perceived by some as the company's move towards embracing "open" services. Chasen's replacement by year's end, Jay Bhatt, has a background that is "all over the map," including executive stints at Progress Software Corp. and Autodesk, but not much in the way of the edtech market. Hmm.

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