Duolingo Appoints Sallie Krawcheck to Board of Directors

Rhea-AI Summary

Duolingo (Nasdaq: DUOL) appointed Sallie Krawcheck as an independent member of its Board of Directors, effective August 10, 2026. She will serve on the Board’s Audit, Risk and Compliance Committee.

Krawcheck brings more than three decades of senior financial and operating experience, including roles as Citigroup CFO, CEO of multiple wealth management firms, and founder of Ellevest, which she led to $2.4 billion in assets under management.

Positive

• Sallie Krawcheck joins board as independent director effective August 10, 2026
• Audit, Risk and Compliance Committee strengthened with former Citigroup CFO and Ellevest founder

Negative

• None.

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Former Citigroup CFO and Ellevest Founder to join the Audit Committee

PITTSBURGH, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, announced today that it has appointed Sallie Krawcheck as an independent board member, effective today. Ms. Krawcheck will serve as a member of the Board’s Audit, Risk and Compliance Committee.

Ms. Krawcheck has spent more than three decades in senior financial and operating roles, as a chief executive, a chief financial officer, a founder, and a public company director. She founded Ellevest, a financial services firm dedicated to helping women and families build wealth with intention, and led its growth to $2.4 billion in assets under management. She previously served as Chief Financial Officer of Citigroup and as Chief Executive Officer of Merrill Lynch Wealth Management, Smith Barney, and Sanford Bernstein. She has extensive board experience across both public and private companies.

"As Duolingo continues to grow, we're focused on building a Board with the experience and perspective to help guide our next chapter," said Luis von Ahn, CEO and co-founder of Duolingo. "Sallie has an exceptional track record of building businesses, leading through change, and challenging conventional thinking. Her expertise in financial leadership, strategy, governance, and scaling global organizations will be invaluable, and I'm thrilled to welcome her to our Board."

"I believe there is no better investment a person can make than in learning,” said Ms. Krawcheck. “It is an investment that can compound: A language learned becomes a job, a move, a conversation, a child who grows up with more options than her parents had. I’ve long admired Duolingo’s mission - not only because it is rethinking how education can work, but because it is making high-quality learning more accessible to millions of people around the world. I’m thrilled to join the Board and support Duolingo as it continues to grow and expand its impact."

About Duolingo
Duolingo is the leading mobile learning platform globally. Its flagship app has organically become the world's most popular way to learn languages and the top-grossing app in the Education category on both Google Play and the Apple App Store. With technology at the core of everything it does, Duolingo has consistently invested to provide learners a fun, engaging, and effective learning experience while remaining committed to its mission to develop the best education in the world and make it universally available.

Contact Information

Investors:
Deborah Belevan, IRC, CPA
ir@duolingo.com  

Media:
Michelle Scully
press@duolingo.com 

FAQ

What did Duolingo (DUOL) announce about its board of directors on August 10, 2026?

Duolingo announced the appointment of Sallie Krawcheck as an independent board member effective August 10, 2026. According to Duolingo, she will also serve on the Board’s Audit, Risk and Compliance Committee, bringing extensive financial and governance experience to the company.

Who is Sallie Krawcheck, the new Duolingo (DUOL) board member?

Sallie Krawcheck is a veteran financial executive and entrepreneur. According to Duolingo, she founded Ellevest and led it to $2.4 billion in assets under management, and previously served as Citigroup’s Chief Financial Officer and CEO of several major wealth management businesses.

What role will Sallie Krawcheck play on Duolingo’s (DUOL) board committees?

Sallie Krawcheck will serve on Duolingo’s Board Audit, Risk and Compliance Committee. According to Duolingo, her background as a former Citigroup CFO and leader of large wealth management organizations is expected to support oversight of financial reporting, risk, and governance processes.

How much in assets under management did Sallie Krawcheck grow Ellevest to before joining Duolingo (DUOL)?

Sallie Krawcheck led Ellevest to $2.4 billion in assets under management. According to Duolingo, this growth reflects her experience in building financial services businesses, which the company views as relevant to its board’s strategic and financial oversight capabilities.

Why did Duolingo (DUOL) add Sallie Krawcheck to its board of directors?

Duolingo added Sallie Krawcheck to support its next phase of growth with seasoned financial and strategic oversight. According to Duolingo, her expertise in financial leadership, strategy, governance, and scaling global organizations will help guide the company as it expands its impact.

Is Sallie Krawcheck an independent director on Duolingo’s (DUOL) board?

Yes, Sallie Krawcheck is joining Duolingo’s board as an independent director. According to Duolingo, she will serve independently on the Board and sit on the Audit, Risk and Compliance Committee, contributing external financial and governance expertise to the company’s oversight structure.