ADT CFO Ken Porpora steps down Dec 29; Jeff Likosar named interim CFO

ADT Inc.

Kenneth J. Porpora resigns as EVP and CFO effective Dec 29, 2023 to become CEO of a privately held HVAC and plumbing firm.
Jeffrey A. Likosar appointed Interim CFO effective Dec 30, 2023; previously CFO 2017-2022 and current President of Corp Dev.
ADT has begun an external search for a permanent CFO; Likosar will serve as interim during the process.

item 5.02 item 9.01

Executive movements

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Departed (interim)

Kenneth J. Porpora

Executive Vice President and Chief Financial Officer

ADT · ADT Inc.

Effective: 2023-12-29
Successor: Jeffrey A. Likosar
Filed: December 20, 2023, 6:59 PM ET

On December 15, 2023, Kenneth J. Porpora, Executive Vice President and Chief Financial Officer (“CFO”) of ADT Inc. (“ADT” or the “Company”) informed the Company and its board of directors (the “Board”) of his decision to step down from such positions, effective as of December 29, 2023, to become the Chief Executive Officer of a privately-held company.

Appointed (interim)

Jeffrey A. Likosar

Interim Chief Financial Officer

ADT · ADT Inc.

Effective: 2023-12-30
Filed: December 20, 2023, 6:59 PM ET

On December 19, 2023, the Board appointed Jeffrey A. Likosar, 53, currently ADT’s President, Corporate Development and Chief Transformation Officer, to serve as Interim Chief Financial Officer of the Company (“Interim CFO”), effective as of December 30, 2023, while the Board undertakes a search to identify the Company’s next CFO.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

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

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

Exact text from the filing

On December 15, 2023, Kenneth J. Porpora, Executive Vice President and Chief Financial Officer (“CFO”) of ADT Inc. (“ADT” or the “Company”) informed the Company and its board of directors (the “Board”) of his decision to step down from such positions, effective as of December 29, 2023, to become the Chief Executive Officer of a privately-held company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey A. Likosar was appointed as Interim Chief Financial Officer at ADT Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

On December 19, 2023, the Board appointed Jeffrey A. Likosar, 53, currently ADT’s President, Corporate Development and Chief Transformation Officer, to serve as Interim Chief Financial Officer of the Company (“Interim CFO”), effective as of December 30, 2023, while the Board undertakes a search to identify the Company’s next CFO.

View on SEC.gov

ADT Inc. filing history →

Source: SEC EDGAR

accession 0001703056-23-000191

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