Ken Porpora, Executive Vice President and Chief Financial Officer (CFO) at ADT Inc, has stepped down after 25 years to become the Chief Executive Officer of a privately held HVAC and plumbing services provider.
Jeff Likosar, President, Corporate Development and Chief Transformation Officer, will serve as the interim CFO. Likosar previously served as the company’s CFO from 2017 to 2022. ADT has begun the external search process of evaluating CFO candidates.
“Ken has been a tremendous partner and an outstanding leader for ADT throughout his many successful years at our company,” said Jim DeVries, ADT Chairman, President and CEO. “I’d like to express my gratitude to Ken for his stewardship and significant contributions to ADT.”
“ADT has been my home for the last 25 years,” said Porpora. “As I embark on this new journey, I want to extend my heartfelt thanks to my colleagues for a wonderful career chapter. It has been an honour to serve alongside ADT’s leaders, and I have full confidence in the future of ADT.”
