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Procore Technologies CEO Transition to Executive Chairman

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Procore Technologies CEO Transition to Executive Chairman

Procore Technologies ( (PCOR) ) has issued an announcement.

On March 10, 2025, Procore Technologies announced that its Founder, President, and CEO, Tooey Courtemanche, plans to transition to Executive Chairman once a successor is appointed. The Board will conduct a comprehensive search for a new CEO, while Courtemanche will remain involved in the company and lead the Board as Executive Chairman. The company also reaffirmed its fiscal 2025 guidance and announced the termination of Courtemanche’s Rule 10b5-1 trading plan.

More about Procore Technologies

Procore Technologies, Inc. is a leading global provider of construction management software, offering a unified technology platform that enhances efficiency and reduces risk through AI and data-driven insights. The company has facilitated over three million projects across more than 150 countries.

YTD Price Performance: -2.54%

Average Trading Volume: 1,442,339

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $10.98B

Find detailed analytics on PCOR stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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