Procore announces two management appointments
Paul Lyandres moves to president of fintech and Howard Fu is promoted to chief financial officer
CARPINTERIA, Calif., May 8, 2023–(BUSINESS WIRE)–Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced two executive appointments effective May 8. After four years as CFO and Treasurer at Procore, Paul Lyandres steps into the newly created role of President of Fintech to lead the Fintech organization at Procore. After two years as Procore’s senior vice president (SVP) of finance, Howard Fu assumes the role of chief financial officer and treasurer and will oversee Procore’s global finance organization.
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Howard Fu is promoted to CFO at Procore Technologies, Inc. (Photo: Business Wire)
“I am proud to welcome Paul Lyandres into his new role as President of Fintech and Howard Fu as CFO,” said Tooey Courtemanche, founder, president and CEO of Procore. “The depth and caliber of our leadership team will propel Procore into our next phase of sustained, efficient growth.”
At Procore, Lyandres has served in various business operations and development, strategy and corporate development roles. Most recently, he served as the company’s CFO and Treasurer since July 2019, overseeing the global finance organization. Prior to joining Procore in 2014, Lyandres worked for Bessemer Venture Partners (BVP), a venture capital firm, where he concentrated on investments with a particular focus on vertical software. Before BVP, Lyandres spent time in private equity at Summit Partners and sales at Pentaho.
“Howard is a true technology finance leader and SaaS industry veteran who I have had the privilege of working closely with over the past couple of years. He has earned the tremendous respect of the board, our leadership team and across the organization, and is well prepared. lead Procore,” said Paul Lyandres, president of fintech at Procore. “I look forward to taking on my new role as President of Fintech to help solve some of construction’s biggest challenges.”
Fu has more than 20 years of experience in financial management positions at companies such as Visa, Salesforce, LinkedIn and DocuSign. Most recently, he served as senior vice president of finance at Procore, where he oversaw financial planning and analysis, investor relations, corporate reporting and insights, procurement, sales incentive compensation and equity administration functions. Previously, he served as vice president of financial planning and analysis at DocuSign, where he was a key contributor to the company’s IPO and led their finance team through the company’s initial growth phase as a public company. Prior to DocuSign, he led the sales finance and M&A finance teams at Salesforce as the company continued to grow at scale.
“I am energized by the chance to continue helping Procore reach new levels of success,” said Howard Fu, Chief Financial Officer of Procore. “The value Procore brings to customers and our people-first culture are undeniable differences.”
About Procore
Procore is a leading global supplier of construction management software. Over one million projects and more than USD 1 trillion in construction volume have run on Procore’s platform. Procore’s platform connects key project stakeholders to solutions Procore has built especially for the construction industry – for the owner, main contractor and specialist contractor. Procore’s App Marketplace features a variety of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices worldwide. Learn more at Procore.com.
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