Procore appoints former Ansys CEO Ajei Gopal as CEO designate; founder Tooey Courtemanche to become Chair

PROCORE TECHNOLOGIES, INC.

Dr. Ajei Gopal named CEO Designate effective Sept 22, 2025; will become President & CEO after Q3 2025 earnings (expected Nov 10, 2025).
Founder Tooey Courtemanche transitions from CEO to Chair of the Board after CEO start date.
Gopal previously led Ansys (2017-2025), tripling revenue and leading its $35B sale to Synopsys; joined Procore's Board as Class I director.
Compensation: $750k base salary, 150% target bonus (up to 200%), $27.5M RSU grant, $27.5M performance-based PSU grant, plus sign-on and severance benefits.
Company reaffirms Q3 and FY2025 financial guidance as previously announced on July 31, 2025.

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