ADT Corp. (ADT) Announces CFO Departure, Appoints Kenneth J. Porpora as Replacement

On August 17, 2022, ADT Corp. (NYSE: ADT) announced that Mr. Jeffrey Likosar, the Company’s President, Corporate Development and Chief Financial Officer has assumed the position of President, Corporate Development and Chief Transformation Officer, and is no longer serving as the Company’s Chief Financial Officer, effective August 16, 2022.

On August 16, 2022, the Company appointed Mr. Kenneth J. Porpora, age 46, to serve as its Executive Vice President and Chief Financial Officer, effective immediately. Mr. Porpora has served in roles of increasing responsibility with the Company, including his most recent role as Executive Vice President, Finance since May 2021; Senior Vice President, Chief Growth Officer from December 2018 to May 2021; President, Operations from August 2015 to December 2018; Chief Financial Officer of Residential Business at The ADT Corporation from October 2013 to August 2015; and he held various financial and data analytics leadership roles at ADT from 2009 to October 2013. Mr. Porpora has spent over 20 years in the security industry in a wide range of finance, sales, marketing, data analytics, and operational positions.

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