Sundar PichaiSundar Pichai earned $164M in 2023

Howard Fu is the Chief Financial Officer and Treasurer at Procore Technologies, Inc., having taken over the role in May 2023. With a strong academic background that includes a B.S. in Civil Engineering from UC Berkeley, an M.B.A. from Yale,...

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Howard Fu

CEO of Procore Technologies

Education

B.S. in Civil Engineering from University of California, Berkeley; M.B.A. in Finance from Yale University; M.S. in Management Science and Engineering from Stanford University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

January 1, 1974 - 51 years ago

CEO of Procore Technologies for

1 year 11 months (May 2023 - Present)

Previous Experience

Senior Vice President, Finance at Procore Technologies, Inc.; Vice President of FP&A at DocuSign, Inc.; various positions at LinkedIn Corporation, Salesforce, Inc., and Visa Inc.

Holdings

See how much did Howard Fu make over time.

Howard Fu's insider trading history shows a notable journey since he joined Procore. Starting at around $11.65 million in August 2022, his holdings dipped slightly to $10.41 million in December. However, by September 2023, he reached an impressive high of...

Mar 17, 2025

Total Stock Sold

$5.24M

PCOR

$5.24M

75,633 PCOR shares

What if they kept their stock?

If Howard Fu didn't sell their stock, today they would have:
Extra PCOR75,633 shares worth $6.66M.
This is 26.99% and $1.41M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Howard Fu.

PCOR

$79.73K

PCOR at $67.00/share

Mar 14, 2025

Sale

PCOR

$407.13K

PCOR at $77.05/share

Mar 3, 2025

Sale

PCOR

$696.00K

PCOR at $87.00/share

Feb 19, 2025

Sale

PCOR

$557.25K

PCOR at $71.36/share

Nov 21, 2024

Sale

PCOR

$107.63K

PCOR at $71.75/share

Nov 7, 2024

Sale

PCOR

$468.51K

PCOR at $59.14/share

Aug 22, 2024

Sale

PCOR

$78.43K

PCOR at $68.68/share

Jul 22, 2024

Sale

PCOR

$75.21K

PCOR at $65.00/share

Jun 28, 2024

Sale

PCOR

$624.11K

PCOR at $70.09/share

May 22, 2024

Sale

PCOR

$102.34K

PCOR at $71.02/share

Apr 22, 2024

Sale

Compensation History

See how much did Howard Fu make over time.

In 2023, Howard Fu received a total compensation of $642,759, which included an annual salary of $400,000 and a performance-based cash bonus of $242,759. The bonus was based on achieving specific corporate performance goals tied to net new bookings and operating margins. He was also granted 68,512 restricted stock units (RSUs) valued at approximately $4.15 million, which will vest quarterly over four years. This structure aligns his pay with Procore's performance, which is a common strategy used to retain top executive talent. His first year compensation reflects the company's commitment to incentivizing high performance while rewarding executive contributions toward its growth objectives.

Year

2023

Total Compensation

$4.79M

Salary

$400.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and market benchmarks to attract and retain talent.

Bonus

$242.76K

Board Justification

The bonus is based on a target performance-based cash bonus opportunity of 75% of base salary, contingent on achieving specific corporate performance objectives, with a final payment multiplier of 99.425%.

Other

$0.00

Board Justification

No other compensation was reported for Mr. Fu in 2023.

Restricted Stock

$4.15M(68.51K RSU)

Board Justification

Mr. Fu was granted 68,512 RSUs with a target equity value of $4,150,000 upon his promotion to Chief Financial Officer and Treasurer on May 8, 2023. These RSUs vest quarterly over four years, beginning with the first Company Vesting Date following the vesting commencement date of February 20, 2023.

Performance Metrics

The performance metrics for the bonus included net new bookings and non-GAAP operating margin targets.

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