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Coursera Executive Compensation (FY25)

COUR · Mountain View, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): June 11, 2026
206 figures on this page: 202 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
Total compensation for Gregory Hart, President, Chief Executive Officer, and Director, came to $39,387,371 in fiscal 2025, and the company reported a chief executive pay ratio of 283.3:1 for fiscal 2025, against median employee compensation of $139,401. For fiscal 2025, shareholders backed the say-on-pay proposal with 87.8% of votes cast for or against in favor at the meeting held June 10, 2026. Companies named in the disclosed peer group include Alarm.com Holdings, Inc., AppFolio, Inc., Appian Corporation, BlackLine, Inc. and Box, Inc., among others. The fiscal 2025 disclosure covers 6 named executive officers.
Chief executive, fiscal 2025
◇
Gregory Hart
Median of the other named officers
$1,683,100
5 officers, excluding the chief executive
Latest say-on-pay support
=
June 10, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Jeffrey Maggioncalda → Gregory Hart
Say-on-pay support: 60.5% → 87.8% (27.3 points higher)
CEO pay ratio: 3.8:1 → 283.3:1

Frequently asked questions

Answers drawn from the data on this page.
Who is Coursera's chief executive and what were they paid?
Total compensation for Gregory Hart, President, Chief Executive Officer, and Director, came to $39,387,371 in fiscal 2025.
What was Coursera's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 87.8% of votes cast for or against in favor at the meeting held June 10, 2026.
Which companies are in Coursera's peer group?
Companies named in the disclosed peer group include Alarm.com Holdings, Inc., AppFolio, Inc., Appian Corporation, BlackLine, Inc. and Box, Inc., among others.
What is Coursera's chief executive pay ratio?
The company reported a chief executive pay ratio of 283.3:1 for fiscal 2025, against median employee compensation of $139,401.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeffrey Maggioncalda
President and Chief Executive Officer
◇—◇—◇—◇◇
Leah Belsky
Senior Vice President and Chief Revenue Officer
◇—◇—◇—◇◇
Shravan Goli
Senior Vice President and Chief Operating Officer
◇—◇—◇—◇◇
Kenneth Hahn
Senior Vice President, Chief Financial Officer, and Treasurer
◇—◇—◇—◇◇
Richard Jacquet
Senior Vice President and Chief People Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Cardenas
Senior Vice President, General Counsel, and Secretary
◇—◇◇◇—◇◇
Shravan Goli
Senior Vice President and Chief Operating Officer
◇———◇—◇◇
Leah Belsky
Senior Vice President and Chief Revenue Officer
◇———◇—◇◇
Kenneth Hahn
Senior Vice President, Chief Financial Officer, and Treasurer
◇———◇—◇◇
Jeffrey Maggioncalda
President, Chief Executive Officer, and Director
◇———◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kenneth Hahn
Senior Vice President, Chief Financial Officer, and Treasurer
◇—◇—◇—◇◇
Marcelo Modica
Senior Vice President, and Chief People Officer
◇◇◇◇◇——◇
Shravan Goli
Former Senior Vice President, and Chief Operating Officer
Departed during or after this year
◇—◇—◇—◇◇
Alan Cardenas
Senior Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Jeffrey Maggioncalda
Former President, Chief Executive Officer, and Director
Departed during or after this year
◇———◇——◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gregory Hart
President, Chief Executive Officer, and Director
◇—◇◇◇—◇◇
Kenneth Hahn
Former Senior Vice President, Chief Financial Officer, and Treasurer
Departed during or after this year
◇—◇◇——◇◇
Jeffrey Maggioncalda
Former President, Chief Executive Officer, and Director
Departed during or after this year
◇—◇◇——◇◇
Alan Cardenas
Senior Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Marcelo Modica
Senior Vice President, and Chief People Officer
◇—◇—◇—◇◇
Michael Foley
Senior Vice President, Chief Financial Officer, and Treasurer
◇—————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Gregory M. HartRSU◇——◇——◇
Jeffrey N. MaggioncaldaRSU◇——◇——◇
Kenneth R. HahnPSU◇◇◇—◇—◇
Kenneth R. HahnPSU◇— withheld◇—◇—◇
Kenneth R. HahnRSU◇——◇——◇
Kenneth R. HahnRSU◇——◇——◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Kenneth HahnOption◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Alan CardenasRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Marcelo ModicaRSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Gregory HartRSU◇◇——
Option◇—◇—
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew Y. Ng
Board chair
◇◇————◇
Sabrina L. Simmons
◇◇————◇
Carmen Chang
◇◇————◇
Theodore R. Mitchell
◇◇————◇
Amanda M. Clark
◇◇————◇
Susan W. Muigai
◇◇————◇
Scott D. Sandell
Lead independent director
◇◇————◇
Christopher D. McCarthy
◇◇————◇
Gregory M. Hart, Lydia Paterson, Sohaib Abbasi and Marylou Maco served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alarm.com Holdings, Inc. ALRM
  • AppFolio, Inc. APPF
  • Appian Corporation APPN
  • BlackLine, Inc. BL
  • Box, Inc. BOX
  • Chegg, Inc. CHGG
  • Elastic N.V. ESTC
  • Everbridge, Inc. EVBG
  • Fastly, Inc. FSLY
  • Five9, Inc. FIVN
  • iLearningEngines, Inc. AILE
  • Instructure Holdings, Inc. INST
  • PagerDuty, Inc. PD
  • PowerSchool Holdings, Inc. PWSC
  • Qualys, Inc. QLYS
  • Smartsheet Inc. SMAR
  • Stride, Inc. LRN
  • Udemy, Inc. UDMY
  • Upwork, Inc. UPWK
  • Yext, Inc. YEXT
  • ZipRecruiter, Inc. ZIP

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 10, 2026=◇◇◇
2024May 20, 2025=◇◇◇
2023May 21, 2024=◇◇◇
2022May 23, 2023=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Coursera disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Coursera sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
206 figures on this page: 202 cited to the filing that reported them, 4 calculated from figures it prints.
202 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001651562-26-000044
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001651562-26-000036
    2025 Director Compensation · CEO Pay Ratio · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
  3. 0001651562-25-000040
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001651562-25-000026
    Summary Compensation Table
  5. 0001651562-24-000043
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001651562-24-000023
    Summary Compensation Table
  7. 0001193125-23-154209
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001140361-23-017303
    Summary Compensation Table
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Velarion, “Coursera executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/COUR (accessed 2026).
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Coursera discloses

The companies named in COUR's own disclosed peer group.

Alarm.com Holdings, Inc.AppFolio, Inc.Appian CorporationBlackLine, Inc.Box, Inc.Elastic N.V.Fastly, Inc.Five9, Inc.PagerDuty, Inc.Qualys, Inc.Upwork, Inc.Yext, Inc.ZipRecruiter, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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