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Skillsoft Appoints Denis Nikolaev to Board of Directors

Story Highlights
  • Fahd Beg plans to resign from Skillsoft’s Board, with MIH designating a replacement.
  • Denis Nikolaev, with extensive tech experience, appointed to Skillsoft’s Board under MIH agreement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Skillsoft Appoints Denis Nikolaev to Board of Directors

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The latest announcement is out from Skillsoft ( (SKIL) ).

Skillsoft Corp. announced that Fahd Beg intends to resign from its Board of Directors, effective upon the approval of a replacement by MIH Learning B.V. This decision aligns with MIH’s process for refreshing director nominees. On November 15, 2025, Denis Nikolaev was appointed to fill the vacancy left by Mr. Beg. Mr. Nikolaev, a Managing Director at Prosus N.V., brings over 20 years of experience in the technology and internet sectors. His appointment is part of the MIH Subscription Agreement, which allows MIH to nominate directors proportional to its ownership in Skillsoft. Mr. Nikolaev will not receive compensation as a board member and has entered into the company’s indemnity agreement.

The most recent analyst rating on (SKIL) stock is a Hold with a $10.50 price target. To see the full list of analyst forecasts on Skillsoft stock, see the SKIL Stock Forecast page.

Spark’s Take on SKIL Stock

According to Spark, TipRanks’ AI Analyst, SKIL is a Neutral.

Skillsoft’s overall stock score is primarily impacted by its challenging financial performance and bearish technical indicators. The company’s high leverage and ongoing losses weigh heavily on its financial health. Despite some positive strategic initiatives and improved EBITDA margins highlighted in the earnings call, the negative valuation metrics and bearish market sentiment contribute to a low overall score.

To see Spark’s full report on SKIL stock, click here.

More about Skillsoft

Average Trading Volume: 67,637

Technical Sentiment Signal: Strong Sell

Current Market Cap: $92.06M

See more data about SKIL stock on TipRanks’ Stock Analysis page.

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