Nerdy appoints Amazon veteran John Paszterko as chief operating officer

Published 2 months ago Positive
Nerdy appoints Amazon veteran John Paszterko as chief operating officer
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ST. LOUIS - Nerdy Inc. (NYSE:NRDY), the parent company of Varsity Tutors and a $236 million market cap education technology company, announced Tuesday the appointment of John Paszterko as its new Chief Operating Officer. According to InvestingPro analysis, Nerdy maintains impressive gross profit margins of 64% despite current market challenges.

Paszterko joins Nerdy after more than nine years at Amazon, where he most recently served as Head of North America Customer Fulfillment operations efficiency and technology integration. In that role, he led a team of over 180 product, program, and data science managers responsible for process improvement across more than 200 fulfillment centers. The appointment comes at a crucial time, as InvestingPro data shows the company’s stock trading below its Fair Value, suggesting potential upside opportunity.

At Nerdy, Paszterko will lead Consumer Sales, Marketplace Operations, and Member Services for the company, which operates a platform for live online learning enhanced with artificial intelligence.

"I’m joining Nerdy because the opportunity is clear: Live + AI - artificial intelligence applied to human interaction - is poised to scale high-impact learning and drive sustainable growth and profitability," Paszterko said in the press release statement.

Prior to his tenure at Amazon, Paszterko spent 10 years in the U.S. Army. He holds a degree from the United States Military Academy at West Point and a Master of Science in Global Business and Finance from Georgetown University.

Nerdy’s platform connects learners with experts across thousands of subjects through various formats including one-on-one instruction, small group tutoring, classes, and adaptive assessments.

The announcement comes as Nerdy continues to develop its Live + AI platform, which combines human instruction with artificial intelligence technology.

In other recent news, Nerdy Inc. released its Q2 2025 earnings, showing a mixed financial performance. The company reported earnings per share (EPS) of -$0.0414, which surpassed the forecast of -$0.0574, resulting in a positive surprise of 27.87%. Despite this, revenue fell short of expectations, coming in at $45.3 million compared to the anticipated $46.59 million. This revenue miss has raised concerns among investors. The earnings results highlight the challenges Nerdy Inc. faces in meeting revenue targets. Analyst firms have not yet provided updates on any changes in stock ratings following these results. The company’s recent performance underscores the importance of closely monitoring future earnings and revenue reports.

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