Docebo CFO Sukaran Mehta to depart, Brandon Farber named Interim CFO

Docebo, a Canadian provider of AI-powered learning solutions, has announced that Chief Financial Officer Sukaran Mehta will step down from his role on February 28, 2025.

Mehta is leaving to take on a leadership position in a private equity portfolio company outside the learning and education technology sectors.

The company stated that Mehta would continue in his current role through February to ensure a smooth transition while the board conducts a search for a permanent replacement. This search will include internal and external candidates. In the interim, Brandon Farber, currently Senior Vice President of Finance, will assume the position of interim CFO.

Alessio Artuffo, President and CEO of Docebo, acknowledged Mehta's contributions, stating: 

“On behalf of Docebo’s executive leadership team and board, I would like to thank Sukaran for his over five years of service and many contributions to Docebo, particularly in the areas of driving growth and improving our profitability and free cash flow profiles. He has been a trusted partner, and we wish him great success in his new role.”

Docebo stressed that Mehta’s departure was not related to any disagreements with the company regarding its financial performance, practices, or disclosures. Additionally, the company confirmed that its financial outlook remains unchanged as previously stated in its Q3 earnings report on November 8, 2024.

Docebo is set to report its Q4 results on February 28, 2025, prior to the market opening.

Mehta expressed his gratitude, saying:

 “I want to thank Alessio and the board for the opportunity to play a role in Docebo becoming a global learning industry leader. I am incredibly proud of all that has been accomplished and am confident that the team is positioned for even greater success in the days ahead.”

Artuffo concluded by reaffirming the company’s strong position, stating, “We are excited about the momentum Docebo is generating as we further establish Docebo as a global leader in AI-powered learning solutions. Our capital structure is strong, we have an excellent foundation upon which to grow, and we are very excited about the opportunity ahead.”