---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-138254"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T13:25:10.985540+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Procore appoints Howard Fu as CFO; Paul Lyandres moves to President of Fintech

## Summary
- Howard Fu promoted to CFO and Treasurer effective May 8, 2023, succeeding Paul Lyandres.
- Paul Lyandres transitions to newly-created President of Fintech role, effective same date.
- Fu receives annual base salary of $400,000, target bonus of 75% of salary, and 68,512 RSUs vesting quarterly over 4 years.
- Fu previously served as SVP of Finance at Procore; prior roles at DocuSign, Salesforce, LinkedIn, and Visa.
- Transition was not due to any disagreement with the company on operations, policies, or practices.

## SEC filing metadata
- accession: 0001193125-23-138254
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611052/000119312523138254/0001193125-23-138254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000119312523138254/d441333d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-138254
- JSON: https://secwatch.observer/filing/0001193125-23-138254.json
- Plain text: https://secwatch.observer/filing/0001193125-23-138254.txt

## Key facts
- Executive change
  Paul E. Lyandres changed role as President of Fintech at PROCORE TECHNOLOGIES, INC..
  - Action: transitioned
  - Role: President of Fintech
  source text: on May 8, 2023, Paul E. Lyandres transitioned from his position as Chief Financial Officer and Treasurer of the Company to a newly-established position as President of Fintech of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611052/000119312523138254/0001193125-23-138254-index.htm
- Executive change
  Howard Fu was appointed as Chief Financial Officer and Treasurer at PROCORE TECHNOLOGIES, INC..
  - Action: appointed
  - Role: Chief Financial Officer and Treasurer
  source text: on May 8, 2023, Howard Fu, age 49, was appointed as Chief Financial Officer and Treasurer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611052/000119312523138254/0001193125-23-138254-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.