Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Dave M. B. Grady earned $12.92M in total compensation at Procore Technologies, including $545.00K salary, $541.87K bonus and $11.81M in stock. Led Procore Technologies as CEO for 1 years.

Compensation History

Annual executive compensation data for Dave M. B. Grady, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$12.92M

Salary

$545.00K

Bonus

$541.87K

Other

$24.42K

Salary

$545.00K

Board Justification

The compensation philosophy emphasizes performance-based pay and long-term equity incentives to align executives' interests with those of stockholders.

Bonus

$541.87K

Board Justification

The bonus is based on the achievement of corporate performance objectives set at the beginning of the year, with a final payment multiplier of 99.425% for 2023.

Other Compensation

$24.42K

Board Justification

This includes matching contributions to the 401(k) plan and other benefits.

Restricted Stock

$11.81M198.11K RSU

Board Justification

The stock awards granted in 2023, which vested based on continued service, with 1/16th vesting on each Company Vesting Date starting from May 20, 2023.

Performance Metrics

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

P

Dave M. B. Grady

Ex-CEO of Procore Technologies

Education

M.B.A. from Harvard Business School

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

May 15, 1978 - 47 years ago

CEO of Procore Technologies for

1 year 7 months (Oct 2021 - May 2023)

Previous Experience

Former COO of Procore Technologies, Inc.

Holdings

Track Dave M. B. Grady's stock holdings and portfolio value over time.

Insider Trading

Dave M. B. Grady's recent stock transactions, purchases, and sales filed with the SEC.

No insider trades found for this CEO.

Rivals

Compare Dave M. B. Grady with competitor CEOs and industry peers.