Blackboard Inc. Names Edwin Scholte Chief Financial Officer

WASHINGTON, Oct. 7, 2019 /PRNewswire/ -- Blackboard Inc., a leading education technology company for teaching, learning and student engagement, today announced the appointment of Edwin Scholte as Chief Financial Officer (CFO). Edwin will join the company on November 4, 2019 and will oversee all financial aspects of the company, including investor relations, accounting, tax, financial planning and analysis, treasury, and capital markets. He will report to the company's Chairman, CEO and President Bill Ballhaus.

With more than 20 years of experience as a finance and operating executive, Edwin has deep roots in the education sector and extensive experience in international strategic finance partnerships, global expansion, and mergers and acquisitions. He joins Blackboard from Best Merchant Partners, a privately owned merchant banking institution in the education sector, where he served as Managing Director. Prior to joining Best, Edwin served as CFO and as COO of the higher education, professional and international divisions of McGraw-Hill Education. Earlier he held senior finance and operating executive roles at LexisNexis/Reed Elsevier, Wolters Kluwer, as well as a privately-owned boutique incubator of Internet and corporate services start-ups in The Netherlands.

"Edwin's broad financial and operational experience and deep knowledge of the education sector will be an invaluable asset to our executive leadership team as we continue to execute our business plan and strategic initiatives," said Ballhaus. "I'm excited to have him join our team as CFO."

"The impact of innovative technology on delivering better outcomes for institutions and learners is significant, and Blackboard is at the forefront of this exciting transformation in the global education community," said Scholte. "I look forward to joining Blackboard and working with the team to deliver substantial value for all stakeholders."

Edwin earned a Bachelor of Science in Business Economics from Haarlem Business School in The Netherlands, and a Master of Business Administration from Duke University.

About Blackboard

Our mission is to partner with the global education community to enable learner and institutional success, leveraging innovative technologies and services. With an unmatched understanding of the world of the learner, the most comprehensive student-success solutions, and the greatest capacity for innovation, Blackboard is education's partner in change.

CONTACT:
D'Anthony White, Blackboard Inc.
202-303-9314 or [email protected]

SOURCE Blackboard Inc.