Company: PCOR
Filing Date: 2025-09-22
Form Type: 8-K
Source: 0001193125-25-211312
Chunk: 0

Company: PROCORE TECHNOLOGIES, INC.
Filing Date: 2025-09-22
Form: 8-K
Item: Item 5.02
Chunk 0
---
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 19, 2025, the Board of Directors (the “ Board”) of Procore Technologies, Inc. (the “ Company”) unanimously appointed Dr. Ajei S. Gopal as Chief Executive Officer Designate (“ CEO Designate”) of the Company, increased the size of the Board from nine to 10 directors, and appointed Dr. Gopal as a Class I director, to serve until the Company’s 2028 annual meeting of stockholders and until his successor has been duly elected and qualified, or until his earlier death, resignation, or removal, in each case, effective as of September 22, 2025 (the “ Initial Start Date”). In addition, the Board unanimously approved the appointment of Dr. Gopal as President and Chief Executive Officer (“ CEO”) of the Company effective as of the first Monday following the Company’s public announcement of its financial results for the fiscal quarter ending September 30, 2025 (such Monday, the “ CEO Start Date”). Tooey Courtemanche, the Company’s founder, President, CEO, and Chair of the Board, will continue to serve as the Company’s President and CEO until the CEO Start Date, and will continue to serve as the Chair of the Board after the CEO Start Date.

Dr. Gopal, age 63, served as President and Chief Executive Officer of Ansys, Inc. (“ Ansys”), an engineering simulation software company, from January 2017 until July 2025, when it was acquired by Synopsys, Inc. (“ Synopsys”), an electronic design automation company. Dr. Gopal also served as President and Chief Operating Officer of Ansys from August 2016 to December 2016. From 2013 to 2016, Dr. Gopal was an operating partner at Silver Lake Technology Management, L. L. C., a private equity technology investment firm. His employment at Silver Lake included a secondment as interim President and Chief Operating Officer at Symantec Corporation (“ Symantec”), a cybersecurity company, in 2016. From 2011 until 2013, he served as Senior Vice President and General Manager, HP Software, at Hewlett Packard Enterprise Company, an information technology company. From 2006 to 2011, Dr. Gopal served as Executive Vice President and General Manager at CA Technologies,