Gillian Munson officially assumed the role of Chief Financial Officer at Duolingo on February 23, 2026. She succeeds Matt Skaruppa following a transition period first announced in mid-January.

Duolingo shares fell to a new 52-week low of approximately $106 as the leadership change took effect. This decline reflects broader negative market sentiment and persistent investor anxiety regarding the company's trajectory.

Investors are questioning the company’s future bookings growth and the stability of its profit margins. These concerns stem from slowing user growth and emerging competitive threats from generative AI translation services.