Procore CEO Tooey Courtemanche to Transition to Executive Chairman

Key Highlights:

  • Tooey Courtemanche, Founder, President, and CEO of Procore, will transition to Executive Chairman upon successor appointment.

  • The Board of Directors has initiated a comprehensive search for the next CEO.

  • Courtemanche will remain actively engaged in leading the Board and supporting the company’s growth.

  • Procore reaffirms its previously announced financial guidance for Q1 and full-year fiscal 2025.

Source: Business Wire

Notable Quotes:

“I founded Procore to solve the construction industry’s greatest challenges and will continue to carry out my life’s work in my role today and in my future role.”

Tooey Courtemanche, Founder, President & CEO at Procore

“Tooey established Procore as the software platform of choice for the construction industry, and we look forward to continuing to benefit from his exceptional vision and leadership.”

Graham Smith, Lead Independent Director at Procore

Why This Matters:

This leadership transition marks a significant milestone for Procore, a company that has revolutionized construction management through innovative software solutions. By securing a strong successor, Procore aims to sustain its growth trajectory and enhance customer value, ensuring its continued leadership in the global construction tech industry. Courtemanche’s ongoing involvement as Executive Chairman signals a commitment to stability, innovation, and strategic guidance during this transition.