---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-211312"
form_type: "8-K"
ticker: "PCOR"
cik: "0001611052"
company_name: "PROCORE TECHNOLOGIES, INC."
filed_at: "2025-09-22T23:59:59+00:00"
generated_at: "2026-05-17T05:58:39.834343+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-211312
- form_type: 8-K
- ticker: PCOR
- cik: 0001611052
- company_name: PROCORE TECHNOLOGIES, INC.
- filed_at: 2025-09-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611052/000119312525211312/0001193125-25-211312-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611052/000119312525211312/d937821d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-211312
- JSON: https://secwatch.observer/filing/0001193125-25-211312.json
- Plain text: https://secwatch.observer/filing/0001193125-25-211312.txt

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