Nerdy Inc. has appointed Atul Bagga as Chief Financial Officer as the company looks to accelerate growth and expand margins following its return to profitability.
Bagga will lead the company’s global finance organization, overseeing financial planning and analysis, accounting, tax, treasury, investor relations, and capital markets. He joins Nerdy from JLL, where he served as CFO of JLL Technologies and Head of Global FP&A. Prior to that, he held senior finance leadership roles at Amazon Web Services, including Finance Director and Head of Finance for AWS Compute Services.
Earlier in his career, Bagga served as CFO Asia and Vice President of Finance at Zynga and worked as a Senior Vice President and Senior Research Analyst at Lazard Capital Markets.
The appointment comes as Nerdy enters what it describes as its “next phase of growth,” supported by improving financial performance and continued investment in AI-powered learning tools. The company achieved adjusted EBITDA profitability in the fourth quarter of 2025 and expects further margin improvement in 2026.
Nerdy projects full-year 2026 revenue between $180 million and $190 million, with adjusted EBITDA expected to be approximately breakeven, representing a margin improvement of over 1,000 basis points compared to 2025. The company also expects to end 2026 with $40 million to $45 million in cash, including proceeds from a $20 million term loan.
Bagga replaces Jason Pello, whose tenure as CFO ended on April 3, 2026. Pello played a key role in guiding Nerdy through its transition to a public company in 2021 and building its financial infrastructure.
Nerdy, which operates a live online tutoring platform powered by artificial intelligence, continues to invest in personalized learning experiences across its flagship business, Varsity Tutors, serving students, institutions, and educators globally.
KEY QUOTES:
“Atul is a disciplined and strategic financial leader with deep experience scaling high-growth technology organizations and driving operational excellence. As we enter our next phase of growth from a position of strength, we remain focused on disciplined execution, continued margin expansion, and durable value creation. Atul’s background will be instrumental in building on the strong foundation we have established. Jason played a crucial role during a pivotal period for Nerdy. He helped guide the Company through its transition to a public company in 2021, built our financial and reporting infrastructure, and was instrumental in achieving adjusted EBITDA profitability in late 2025. We thank him for his contributions and wish him well. Nerdy is entering this next chapter from a position of strength. We achieved adjusted EBITDA profitability in the fourth quarter of 2025 and have rapidly advanced our AI-native systems to position us for faster execution and sustainable growth.”
Chuck Cohn, Founder, Chairman and Chief Executive Officer, Nerdy Inc.
“I’m excited to join Nerdy at this moment of strength. Our platform delivers high-quality live tutoring powered by advanced AI capabilities that drive greater personalization, efficiency, and improved student outcomes. I look forward to partnering with Chuck and the team to accelerate growth and deliver long-term value while advancing our mission of helping every student reach their full potential.”
Atul Bagga, Chief Financial Officer, Nerdy Inc.
