ADT appoints Ken Porpora as CFO; Jeff Likosar moves to Chief Transformation Officer

ADT Inc.

Jeff Likosar named President, Corporate Development and Chief Transformation Officer, effective Aug. 16, 2022.
Ken Porpora appointed EVP and CFO effective immediately; previously EVP, Finance since May 2021.
Porpora's base salary increased to $600,000, target bonus raised to 100% of base salary.
Porpora's annual equity grant target increased by $250,000 to $1.0 million beginning 2023.
Porpora has spent nearly 25 years at ADT in finance, sales, marketing, and operations roles.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Jeffrey Likosar

President, Corporate Development and Chief Transformation Officer

ADT · ADT Inc.

Effective: 2022-08-16
Successor: Kenneth J. Porpora
Filed: August 17, 2022, 7:59 PM ET

Mr. Jeffrey Likosar, the Company’s President, Corporate Development and Chief Financial Officer has assumed the position of President, Corporate Development and Chief Transformation Officer, and is no longer serving as the Company’s Chief Financial Officer, effective August 16, 2022.

Appointed

Kenneth J. Porpora

Executive Vice President and Chief Financial Officer

ADT · ADT Inc.

Effective: 2022-08-16
Filed: August 17, 2022, 7:59 PM ET

On August 16, 2022, the Company appointed Mr. Kenneth J. Porpora, age 46, to serve as its Executive Vice President and Chief Financial Officer, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey Likosar changed role as President, Corporate Development and Chief Transformation Officer at ADT Inc..

Action: assumed the position of
Role: President, Corporate Development and Chief Transformation Officer

Exact text from the filing

Mr. Jeffrey Likosar, the Company’s President, Corporate Development and Chief Financial Officer has assumed the position of President, Corporate Development and Chief Transformation Officer, and is no longer serving as the Company’s Chief Financial Officer, effective August 16, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth J. Porpora was appointed as Executive Vice President and Chief Financial Officer at ADT Inc..

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On August 16, 2022, the Company appointed Mr. Kenneth J. Porpora, age 46, to serve as its Executive Vice President and Chief Financial Officer, effective immediately.

View on SEC.gov

ADT Inc. filing history →

Source: SEC EDGAR

accession 0001703056-22-000183

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