Babbel Co-Founder Markus Witte Returns as Executive Chairman Following CEO Arne Schepker's Departure
Arne Schepker has stepped down as CEO of Babbel, with co-founder Markus Witte returning to lead the company as Executive Chairman and Managing Director. Schepker, who served nearly five years as CEO, cited a lack of sufficient commitment for his departure. Babbel's revenue grew sixfold during his tenure, reaching approximately $300 million. Witte aims to leverage AI to enhance language learning, focusing on creating personalized experiences for users. He believes the integration of advanced technology and Babbel's expertise can revolutionize language education. Witte also plans to foster positive experiences for employees and users alike.
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