Procore names first new CEO in over 2 decades

Company Transition - Procore has announced Ajei Gopal as the new CEO, succeeding founder Tooey Courtemanche, who will step down in November [1][2] - Gopal, with 35 years of experience, is set to start on November 10, following Procore's Q3 earnings announcement [2] - Courtemanche will transition to focus on his role as chair of the board of directors [2] Leadership Background - Before joining Procore, Gopal served as CEO of Ansys from 2017 to 2025, where he significantly increased revenue and market value [3] - Gopal has held senior positions at Hewlett-Packard, CA Technologies, and Symantec, and was an operating partner at Silver Lake [3] Industry Context - Courtemanche's leadership coincided with a significant shift in the construction industry from paper to digital project management [4] - The construction sector is increasingly adopting tailored technological solutions amid a surge of artificial intelligence offerings [6] - Courtemanche emphasized Procore's mission-driven approach to empower builders, highlighting Gopal's experience in scaling software companies [8]