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Dennis Howard joins Frontdoor (NASDAQ: FTDR) board and Audit Committee

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(Moderate)
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Form Type
8-K

Rhea-AI Filing Summary

Frontdoor, Inc. added seasoned technology and operations leader Dennis Howard to its Board of Directors, effective March 17, 2026, and appointed him to the Audit Committee. The Board unanimously elected Howard, who currently serves as Managing Director, Chief Technology, Operations, and Data Officer for Charles Schwab.

The Board determined Howard is independent under Nasdaq rules and the company’s governance guidelines. He will receive the standard non‑employee director package: $90,000 per year in cash, $180,000 per year in fully vested common stock under the 2018 Omnibus Incentive Plan, and $12,500 per year in cash for Audit Committee service, all prorated for 2026.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 16, 2026

 

 

Frontdoor, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-38617

82-3871179

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

3400 Players Club Parkway,

 

Memphis, Tennessee

 

38125

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 901 701-5000

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common stock, par value $0.01 per share

 

FTDR

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 16, 2026, the Board of Directors (the “Board”) of Frontdoor, Inc. (the “Company”) unanimously elected Dennis Howard as a director of the Company, and appointed him as a member of the Audit Committee of the Board, effective March 17, 2026. Mr. Howard is the Managing Director, Chief Technology, Operations, and Data Officer for Charles Schwab, a global financial services firm. Mr. Howard will stand for re-election at the Company’s 2026 annual meeting of stockholders.

There were no arrangements or understandings pursuant to which Mr. Howard was elected as a director. The Board has affirmatively determined, under Nasdaq listing standards and the Company’s Corporate Governance Guidelines, that Mr. Howard is “independent.”

Mr. Howard will receive the Company’s standard compensation provided to all of the Company’s non-employee directors for service on the Board, which is currently $90,000 per annum, payable quarterly in cash, and $180,000 per annum, payable in shares of fully vested common stock of the Company, par value per $0.01 share (the “Shares”) issued under the Company’s 2018 Omnibus Incentive Plan, annually at the time of the annual meeting of stockholders unless the director has elected to defer the receipt of the Shares to a point in the future. In addition, Mr. Howard will receive the Company’s standard compensation provided to all members of the Audit Committee of the Board, which is currently $12,500 per annum, payable quarterly in cash. The initial cash amount payable to Mr. Howard will be prorated with respect to fiscal year 2026 based on his time of service on the Board and the Audit Committee during 2026. The initial grant of Shares payable to Mr. Howard will be prorated from his time of service on the Board to the date of the first anniversary of the Company’s 2025 annual meeting of stockholders.

Item 7.01 Regulation FD Disclosure.

 

A press release announcing the election of Mr. Howard as a director, as described above, is attached as Exhibit 99.1.

 

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

 

 

 

Exhibit
No.

Description of Exhibit

 

 

99.1

Press Release of Frontdoor, Inc., dated March 17, 2026

 

 

104

The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

FRONTDOOR, INC.

 

 

 

 

Date:

March 17, 2026

By:

/s/ Jeffrey A. Fiarman

 

 

Name:

Title:

Jeffrey A. Fiarman
Senior Vice President and Chief Legal Officer

 


 

Dennis Howard Joins Frontdoor Board of Directors

Global executive brings wealth of knowledge and expertise in information technology, cybersecurity, operations and innovation

 

MEMPHIS, Tenn. — (Mar. 17, 2026)Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home warranties and new home builder warranties, today announced that its board unanimously approved the election of Dennis Howard as a director and appointed him as a member of the Audit Committee, effective today.

 

“We are thrilled to welcome Dennis to Frontdoor’s board,” said Bill Cobb, Frontdoor’s Chairman and Chief Executive Officer. “Dennis brings over 30 years of experience in information technology and cybersecurity across several consumer-focused businesses. He possesses a deep understanding of digital platforms, enterprise systems and data analytics trends – which will greatly help us as we continue to optimize and improve our use of technology in the future. Further, his keen innovative and operational mindset will be a strong asset to our board.”

 

Howard currently serves as the Managing Director, Chief Technology, Operations, and Data Officer for Charles Schwab, a global financial services firm. He is responsible for Charles Schwab’s information technology, including a centralized technology organization and an enterprise project management office. In addition, Howard is responsible for the firm’s data assets, teams that handle all operational transactions for current clients of Charles Schwab, and transformation-related initiatives. He joined Charles Schwab in September 2014 as Senior Vice President of core technology solutions and served as the firm’s Executive Vice President and Chief Information Officer from 2016-2025.

 

“I am very excited to join the Frontdoor board,” Howard said. “I look forward to working closely with my fellow directors and the company’s leadership team to help take Frontdoor to the next level in this rapidly changing digital environment. Frontdoor already has a strong operational and technology foundation, and I’m excited to be able to contribute to Frontdoor’s continued and future business success.”

 

Prior to Charles Schwab, Howard was Senior Vice President and Chief Information Officer for Visa Inc. During his 12-year tenure at Visa, he served in various information technology roles across a number of disciplines, including development of enterprise systems, data and analytics, and client-facing product development.

 

Howard received his bachelor's degree from the University of Texas at San Antonio, and his master's degree from Baylor University.

 

Howard will stand for re-election at the company’s 2026 annual meeting of stockholders.

 

About Frontdoor

Frontdoor and its family of brands are on a mission to make life easier for every homeowner through innovative technology and quality customer service. With over 55 years of experience, we are the leading provider of home warranties in the United States, handling approximately 3.8 million service requests for more than 2.1 million members through a network of approximately 17,000 qualified and independent service contractors. We also offer new home builder warranty solutions, which deliver value to both builders and homeowners through a suite of builder warranty products and support services.

 

Our customizable home warranties are annual service plan agreements that cover the repair or replacement for breakdowns due to normal wear and tear of major components. We cover up to 29 home systems and appliances, including electrical, plumbing, HVAC systems, water heaters, refrigerators, dishwashers and ranges/ovens/cooktops, as well as optional coverages for pools, spas and pumps. Our home warranties provide peace of mind, budget protection, convenience, repair expertise and service guarantee. Our non-warranty services provide homeowners greater value through replacement and upgrade programs, as well as other home maintenance offerings.

 

Our 2-10 new home builder warranty solutions offer flexible builder‑backed and insurance‑backed warranty options covering workmanship, home distribution systems and structural components.

 

Frontdoor family of brands include American Home Shield, HSA, OneGuard, Landmark and 2-10 HBW brands. For more information about Frontdoor, Inc., please visit frontdoorhome.com.

 

Forward Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. These statements are subject to risks, uncertainties, assumptions, and other important factors. Readers are cautioned not to put undue reliance on such forward-looking statements, because actual results may vary materially from those expressed or implied. The reports filed by Frontdoor pursuant to United States securities laws contain discussions of these risks and uncertainties.


 

Frontdoor assumes no obligation to, and expressly disclaims any obligation to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are advised to review Frontdoor's filings with the United States Securities and Exchange Commission (which are available on the SEC's EDGAR database at www.sec.gov and via Frontdoor’s website at investors.frontdoorhome.com).

Investor Relations:
Matt Davis
901.701.5199
ir@frontdoorhome.com

Media:
Alison Bishop
901.701.5198
mediacenter@frontdoorhome.com

 


FAQ

What board change did Frontdoor (FTDR) announce in this 8-K?

Frontdoor appointed Dennis Howard to its Board of Directors and named him to the Audit Committee, effective March 17, 2026. The board unanimously elected him and determined he is independent under Nasdaq listing standards and the company’s Corporate Governance Guidelines.

Who is Dennis Howard, the new director at Frontdoor (FTDR)?

Dennis Howard is Managing Director, Chief Technology, Operations, and Data Officer at Charles Schwab. He oversees information technology, data assets, operations and transformation initiatives, and previously served as Schwab’s Executive Vice President and Chief Information Officer from 2016 to 2025.

How will Dennis Howard be compensated for his Frontdoor (FTDR) board service?

Dennis Howard will receive Frontdoor’s standard non-employee director compensation: $90,000 per year in cash, $180,000 per year in fully vested common stock under the 2018 Omnibus Incentive Plan, plus $12,500 per year in cash for Audit Committee service, with initial amounts prorated for 2026.

When will Dennis Howard stand for re-election to the Frontdoor (FTDR) board?

Dennis Howard will stand for re-election at Frontdoor’s 2026 annual meeting of stockholders. Until then, he serves as a board-appointed director and Audit Committee member following his effective appointment date of March 17, 2026.

Did Frontdoor (FTDR) disclose any special arrangements for Dennis Howard’s election?

Frontdoor stated there were no arrangements or understandings under which Dennis Howard was elected. He joins the board as an independent director, receiving the same standard compensation package as other non‑employee directors and Audit Committee members.

What expertise does Dennis Howard bring to Frontdoor’s (FTDR) board?

Dennis Howard brings over 30 years of experience in information technology and cybersecurity, including leadership roles at Charles Schwab and Visa. His background spans digital platforms, enterprise systems, data analytics, operations and innovation across major consumer-focused financial services businesses.

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Frontdoor, Inc.

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