Skip to Content

Ken Porpora departs ADT as CFO

Ken Porpora departs ADT as CFO

Ken Porpora departs ADT as CFO

BOCA RATON, Fla. – ADT’s Ken Porpora, executive vice president and chief financial officer (CFO), has stepped down from his role to become the chief executive officer of a privately held HVAC and plumbing services provider as of the beginning of January.

ADT made the announcement of Porpora’s departure in late December. For now, 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 said that it 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.”

Porpora began his career at ADT in 1998 working as a controller for residential sales and marketing. In that time, he rose to the position of executive vice president of finance before accepting his role as EVP and CFO in August 2022.

“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 honor to serve alongside ADT’s leaders, and I have full confidence in the future of ADT.”

ADT’s financial position was strong moving into 2024 owing to strong retention rates and the sale of its commercial business in 2023.


To comment on this post, please log in to your account or set up an account now.