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Atul Bagga appointed CFO effective April 6, 2026, with a $500,000 base salary and target annual bonus of 50% of base salary.

Bagga will receive an equity award of 1,500,000 Restricted Stock Units, vesting quarterly over three years, with a grant date of April 15, 2026.

Jason Pello's service as CFO concluded effective April 3, 2026, following notification on March 31, 2026.

The company provided full-year 2026 revenue guidance of $180-$190 million and expects non-GAAP adjusted EBITDA to be approximately breakeven.

Nerdy expects to end 2026 with $40-45 million of cash, inclusive of $20 million funded under a new term loan.

Full analysis

Nerdy Inc. announced a significant leadership transition with the appointment of Atul Bagga as Chief Financial Officer, replacing Jason Pello who helped guide the company through its transition to a public company and achievement of adjusted EBITDA profitability in late 2025. Bagga brings extensive financial leadership experience from JLL Technologies, Amazon Web Services, and Zynga, with his compensation package including a $500,000 base salary, target annual bonus of 50% of base salary, and 1.5 million RSUs vesting over three years. Concurrently, the company provided 2026 financial guidance, expecting revenue of $180-$190 million and approximately breakeven non-GAAP adjusted EBITDA, representing over 1,000 basis points of margin improvement compared to 2025. The company also expects to end 2026 with $40-45 million of cash, including $20 million from a new term loan, which management believes provides ample liquidity to fund business operations and growth initiatives.

NRDY · Nerdy, Inc.

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