As Ed-Tech Competition Ratchets Up, Blackboard CEO to Step Down

Blackboard Inc. announced last week that its chief executive officer will step down, the latest change for the educational software giant, which faces increasing competition in selling learning-management systems to schools and colleges.

Michael Chasen, 41, one of Blackboard's co-founders and the only one still involved in its day-to-day operations, will leave his job as CEO in December, the company said.

Blackboard's larger business is in higher education, but its products are used widely in K-12 classrooms as well. Its offerings include classroom-management software, collaborative-learning...

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