Procore Technologies Management
Management criteria checks 2/4
Procore Technologies' CEO is Tooey Courtemanche, appointed in Jan 2002, has a tenure of 22.33 years. total yearly compensation is $12.92M, comprised of 4.2% salary and 95.8% bonuses, including company stock and options. directly owns 2.44% of the company’s shares, worth MX$4.05B. The average tenure of the management team and the board of directors is 1.8 years and 4.3 years respectively.
Key information
Tooey Courtemanche
Chief executive officer
US$12.9m
Total compensation
| CEO salary percentage | 4.2% |
| CEO tenure | 22.3yrs |
| CEO ownership | 2.4% |
| Management average tenure | 1.8yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$137m |
| Dec 31 2023 | US$13m | US$545k | -US$190m |
| Sep 30 2023 | n/a | n/a | -US$231m |
| Jun 30 2023 | n/a | n/a | -US$259m |
| Mar 31 2023 | n/a | n/a | -US$279m |
| Dec 31 2022 | US$14m | US$518k | -US$287m |
| Sep 30 2022 | n/a | n/a | -US$267m |
| Jun 30 2022 | n/a | n/a | -US$246m |
| Mar 31 2022 | n/a | n/a | -US$323m |
| Dec 31 2021 | US$11m | US$460k | -US$265m |
| Sep 30 2021 | n/a | n/a | -US$264m |
| Jun 30 2021 | n/a | n/a | -US$230m |
| Mar 31 2021 | n/a | n/a | -US$94m |
| Dec 31 2020 | US$14m | US$313k | -US$96m |
| Dec 31 2019 | US$3m | US$250k | -US$83m |
Compensation vs Market: Tooey's total compensation ($USD12.92M) is above average for companies of similar size in the MX market ($USD5.93M).
Compensation vs Earnings: Tooey's compensation has been consistent with company performance over the past year.
CEO
Tooey Courtemanche (55 yo)
22.3yrs
Tenure
US$12,918,339
Compensation
Mr. Craig F. Courtemanche, Jr., also known as Tooey, founded Procore Technologies, Inc. in 2002 and has been its Chief Executive Officer and Director since January 2002. He serves as Chairman at Procore Te...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 22.3yrs | US$12.92m | 2.44% $ 4.0b | |
| CFO & Treasurer | less than a year | US$5.59m | 0.028% $ 46.2m | |
| President of Product & Technology | 1.8yrs | US$3.59m | 0% $ 0 | |
| Chief Legal Officer & Corporate Secretary | 5.1yrs | US$3.91m | 0.0093% $ 15.4m | |
| President of Fintech | less than a year | US$5.58m | 0.11% $ 178.1m | |
| Chief Data Officer | 1.3yrs | US$2.34m | 0.024% $ 40.1m | |
| SVP, Corporate Controller & Principal Accounting Officer | 5.9yrs | no data | 0.026% $ 42.5m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior Vice President of Global Sales | 2.3yrs | no data | no data | |
| Chief Marketing Officer | 1.3yrs | no data | no data | |
| Chief People Officer | 1.5yrs | no data | no data | |
| Chief Culture Officer | 4.5yrs | US$434.69k | no data |
1.8yrs
Average Tenure
47.5yo
Average Age
Experienced Management: PCOR *'s management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 22.3yrs | US$12.92m | 2.44% $ 4.0b | |
| Independent Non-Executive Director | 20yrs | US$280.17k | 1.03% $ 1.7b | |
| Lead Independent Director | 4.3yrs | US$275.37k | 0.029% $ 47.6m | |
| Non-Executive Director | 9.2yrs | no data | 1.34% $ 2.2b | |
| Independent Non-Executive Director | 4.2yrs | US$289.47k | 0.035% $ 58.3m | |
| Independent Non-Executive Director | 3.1yrs | US$280.17k | 0.013% $ 21.5m | |
| Independent Director | 4.3yrs | US$287.67k | 0.035% $ 58.3m | |
| Independent Non-Executive Director | 9.9yrs | US$9.83k | 0.16% $ 259.1m | |
| Independent Director | 2.4yrs | US$277.67k | 0.0024% $ 4.0m |
4.3yrs
Average Tenure
55.5yo
Average Age
Experienced Board: PCOR *'s board of directors are considered experienced (4.3 years average tenure).