Tooey Courtemanche is the CEO of Procore Technologies, a company specializing in technology solutions for the construction industry. He holds a B.S. in Business Administration from the University of California, Santa Barbara. Tooey has been with Procore since 2014, serving...

Tooey Courtemanche is the CEO of Procore Technologies, a company specializing in technology solutions for the construction industry. He holds a B.S. in Business Administration from the University of California, Santa Barbara. Tooey has been with Procore since 2014, serving in various roles before becoming CEO. His leadership style is focused on aligning the company's performance with shareholder interests, using metrics like net new bookings and operating margins to reward executives. In 2023, his total compensation was just over $1 million, which includes a hefty bonus for meeting performance goals. Historically, his wealth has fluctuated significantly, peaking at approximately $770 million in August 2021 and later adjusting to around $180 million by October 2023. Under his guidance, Procore continues to innovate in the technology sector, driving growth and improving operational efficiency. Tooey's journey reflects not just his vision for Procore but also the dynamic nature of the tech industry, where adaptation is key. He promotes a culture of accountability and long-term thinking, hoping to continue shaping the future of construction technology.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Procore Technologies CEOs

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Tooey Courtemanche

Founder and CEO of Procore Technologies

Education

B.S. in Business Administration from the University of California, Santa Barbara

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

January 1, 1971 - 54 years ago

CEO of Procore Technologies for

1 year 10 months (May 2023 - Present)

Previous Experience

Executive Chairman of Procore Technologies, Inc.

Rivals

Competitors/colleagues of Tooey Courtemanche

A

Andrew Anagnost

CEO of Autodesk

2023 Compensation

Stock

$0.00

Salary

$1.05M

Bonus

$1.51M

Other

$153.26K

Total Holdings

$37.20M

S

William R. McDermott

CEO of ServiceNow

2023 Compensation

Stock

$0.00

Salary

$1.35M

Bonus

$3.15M

Other

$351.09K

Total Holdings

$11.00M

A

Ajei S. Gopal

CEO of Ansys

2023 Compensation

Stock

$0.00

Salary

$850.00K

Bonus

$2.40M

Other

$0.00

Total Holdings

$94.82M

C

Matthew Prince

Founder and CEO of Cloudflare, Inc.

2023 Compensation

Stock

$18.33M

Salary

$400.00K

Bonus

$0.00

Other

$783.96K

Total Holdings

$51.04M

H

Yamini Rangan

CEO of HubSpot

2023 Compensation

Stock

$0.00

Salary

$80.00K

Bonus

$0.00

Other

$145.17K

Total Holdings

$44.99M

Holdings

See how much did Tooey Courtemanche make over time.

Tooey Courtemanche's holdings in Procore Technologies have seen marked fluctuations. In August 2021, his wealth peaked at around $770.65 million, indicating a strong investor confidence at the time. However, by March 2023, this figure dropped significantly to approximately $228.32 million...

Tooey Courtemanche's holdings in Procore Technologies have seen marked fluctuations. In August 2021, his wealth peaked at around $770.65 million, indicating a strong investor confidence at the time. However, by March 2023, this figure dropped significantly to approximately $228.32 million as stock prices adjusted over time. Despite these fluctuations, as of December 2023, his holdings are estimated to still reflect a robust valuation of about $235.48 million. Throughout 2022 and into 2023, the value of his holdings has consistently seen ups and downs, showcasing the volatility often associated with tech stocks. This kind of dynamic reflects the challenges and rewards that come with leading a company in a fast-paced industry like technology, especially in a niche market like construction.

Mar 17, 2025

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shares

PCOR @ $69.67

Total Stock Sold

$121.97M

PCOR

$121.97M

1,829,006 PCOR shares

What if they kept their stock?

If Tooey Courtemanche didn't sell their stock, today they would have:
Extra PCOR1,829,006 shares worth $160.95M.
This is 31.97% and $38.99M more than what they got when they sold the stock.

Charitable Transactions

PCOR

38,156 shares

PCOR

Recent Charitable Transactions

PCOR

16,346 shares

PCOR

Dec 5, 2023

Charity

PCOR

21,810 shares

PCOR

Aug 10, 2023

Charity

Insider Trading

See recent insider trades of Tooey Courtemanche.

PCOR

8,840 shares

PCOR

Feb 18, 2025

Received

PCOR

$1.62M

PCOR at $71.36/share

Nov 21, 2024

Sale

PCOR

$1.36M

PCOR at $59.14/share

Aug 22, 2024

Sale

PCOR

$4.46M

PCOR at $65.59/share

Jul 1, 2024

Sale

PCOR

$4.54M

PCOR at $66.80/share

Jun 3, 2024

Sale

PCOR

$1.58M

PCOR at $70.17/share

May 22, 2024

Sale

PCOR

$4.71M

PCOR at $69.29/share

May 1, 2024

Sale

PCOR

$5.55M

PCOR at $81.63/share

Mar 29, 2024

Sale

PCOR

140,954 shares

PCOR

Mar 29, 2024

Received

PCOR

$8.80M

PCOR at $80.00/share

Mar 8, 2024

Sale

Compensation History

See how much did Tooey Courtemanche make over time.

In 2023, Tooey Courtemanche received a total compensation package of approximately $1,128,281. His salary was set at $545,000, with a performance-based bonus of $541,866, reflecting his success in meeting the company’s performance metrics. He also enjoyed substantial stock vesting worth around $17.5 million based on previous awards. His overall compensation strategy aligns with Procore’s philosophy of linking executive pay to company performance, ensuring that leaders remain motivated to drive growth. This year alone, his vested stock awards were part of a structured plan that rewarded long-term contributions to the company. His compensation in past years has also shown significant growth, highlighting his increasing value to the company as it expands its influence in the technology sector.

Year

2023

Total Compensation

$18.62M

Salary

$545.00K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executives by aligning their interests with those of stockholders through performance-based incentives and long-term equity awards.

Bonus

$541.87K

Board Justification

The bonus is based on the achievement of corporate performance objectives, with a final payment multiplier of 99.425% for the 2023 Bonus Program.

Other

$24.42K

Board Justification

Other compensation includes matching contributions to the 401(k) plan and taxable service anniversary gifts.

Restricted Stock

$17.51M(288.46K RSU)

Board Justification

The stock awards that vested in 2023 were based on RSUs granted in prior years, with 1/16th of the shares vesting on each Company Vesting Date, including May 20, 2023.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 were based on net new bookings and non-GAAP operating margin.

Other Procore Technologies CEOs

Here are other CEOs of Procore Technologies

Dave M. B. Grady

Ex-CEO of Procore Technologies

October 2021 - May 2023