StockWatch
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Computer Software: Prepackaged Software
Management ChangeApr 22, 2026, 04:21 PM

Procore Appoints Dr. Vishal Misra to Board, Expands Board to 11

AI Summary

Procore Technologies, Inc. announced that its Board of Directors increased its size from 10 to 11 members and appointed Dr. Vishal Misra as a new Class III director, effective April 20, 2026. Dr. Misra will also join the Audit Committee and has been deemed an independent director. He will receive standard non-employee director compensation.

Key Highlights

  • Procore's Board of Directors expanded from 10 to 11 members.
  • Dr. Vishal Misra appointed as a Class III independent director.
  • Dr. Misra will also serve on the Audit Committee.
  • He will receive an annual cash retainer of $48,100 for Board service.
  • An additional annual cash retainer of $13,500 for Audit Committee service.