leadership
confidence high
sentiment neutral
materiality 0.65
Procore appoints Rachel Pyles as CFO Designate and Walt Hearn as CRO Designate; reaffirms FY26 guidance
PROCORE TECHNOLOGIES, INC.
- Rachel Pyles (ex-Ansys CFO) joins as CFO Designate effective March 10, 2026; becomes CFO and Treasurer April 1, 2026.
- Walt Hearn (ex-Ansys head of worldwide sales) joins as CRO Designate effective March 10, 2026; becomes CRO April 1, 2026.
- Howard Fu and Larry Stack move to strategic advisory roles after April 1, 2026 to support transition.
- Pyles receives $450K base salary, 75% target bonus, $50K sign-on, $8.1M RSU grant, and $5.4M PSU grant.
- Company reaffirms Q1 and full-year FY2026 guidance as announced on February 12, 2026.