[8-K] Frontdoor, Inc. Reports Material Event

Rhea-AI Filing Summary

Frontdoor (NASDAQ:FTDR) announced the appointment of Dr. Balakrishnan "Bala" Ganesh as Senior Vice President and Chief Technology Officer, effective July 14, 2025. Dr. Ganesh, currently a Board member, will resign from the Board and Audit Committee effective June 30, 2025, reducing the Board size from eight to seven directors.

Dr. Ganesh brings extensive experience in digital transformation, cybersecurity, and product development. His background includes serving as CTO at OnTrac Logistics, Partner at AKF Consulting, and various leadership roles at UPS, where he managed global technology innovation strategy and was recognized by Business Insider as one of the 100 people transforming business. He holds a PhD in aerospace engineering and previously served as a fighter pilot in the Indian Air Force.

Positive

• Appointment of highly qualified CTO with proven track record in digital transformation and innovation
• New CTO brings direct experience in machine learning, AI, and advanced analytics implementation
• Smooth leadership transition with internal candidate who has board-level company knowledge
• Strategic focus on technological advancement indicated by C-suite appointment

Negative

• Reduction in board size from eight to seven members
• Loss of technology expertise at the board level with Dr. Ganesh's transition

Insights

Technology Strategy Analyst

Strategic tech leadership appointment signals Frontdoor's commitment to digital transformation and innovation capabilities

The appointment of Dr. Ganesh represents a significant strategic move to enhance Frontdoor's technological capabilities. His extensive experience in implementing machine learning prediction models, managing global technology innovation, and expertise in advanced technologies like AI and robotics positions the company well for digital transformation. His unique combination of academic credentials and practical experience, including roles at UPS and OnTrac, suggests Frontdoor is prioritizing sophisticated technological solutions for their service delivery platform.

The transition from board member to executive role indicates deep familiarity with Frontdoor's operations and suggests a well-planned succession strategy. His background in aerospace engineering and experience with advanced analytics could bring fresh perspectives to the home services industry.

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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): June 23, 2025

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.

Appointment of Senior Vice President and Chief Technology Officer and Resignation of Director

On June 24, 2025, the Board of Directors (the “Board”) of Frontdoor, Inc. (the “Company”) appointed Dr. Balakrishnan (“Bala”) Ganesh, a current member of the Board, to serve as the Company’s Senior Vice President and Chief Technology Officer effective July 14, 2025. In connection with his appointment as Senior Vice President and Chief Technology Officer, Dr. Ganesh tendered his resignation on June 23, 2025 from the Board and the Audit Committee of the Board effective June 30, 2025. As a result of Dr. Ganesh’s resignation, the Board reduced the size of the Board from eight to seven directors effective June 30, 2025.

Dr. Ganesh brings a wealth of experience in digital transformation, cybersecurity and product development, as well as providing strategic direction and oversight for the development and implementation of scalable, cost-effective solutions in line with organizational objectives and company strategy. Prior to assuming the role as the Company’s Senior Vice President and Chief Technology Officer, Dr. Ganesh has served as a member of the Board since July 2023 and as the Chief Technology Officer of OnTrac Logistics, a subsidiary of OnTrac Final Mile (together “OnTrac”), a privately held logistics company providing last mile e-commerce delivery services. Prior to OnTrac, from August 2022 to August 2023, Dr. Ganesh was a Partner at AKF Consulting LLC, which provides technology consulting, technical due diligence and interim technology leadership services. Previously, Dr. Ganesh served at United Parcel Service for over 10 years in a variety of roles. Among the highlights, as Vice President of Engineering, Dr. Ganesh managed UPS’s global technology innovation strategy. While in this role, he was recognized by Business Insider as one of the 100 people transforming business. As the Vice President of Advanced Technology, Dr. Ganesh led UPS’s technology strategy for aerial drones, robotics, sensors, artificial intelligence, and autonomous vehicles. As the Vice President of Advanced Analytics and Revenue Management, he led a team of data scientists and marketers to implement machine learning prediction models for pricing and other functions. Dr. Ganesh holds a PhD in aerospace engineering with a minor in mathematics, and an MBA and a MS in aerospace engineering from the Georgia Institute of Technology. He also holds a Bachelor of Arts from the Indian National Defence Academy (“INDA”). Upon graduation from the INDA, Dr. Ganesh served for six years as a fighter pilot in the Indian Air Force.

Item 7.01 Regulation FD Disclosure.

A press release announcing the appointment of Dr. Ganesh as Senior Vice President and Chief Technology Officer, 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 June 25, 2025
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:	June, 25, 2025	By:	/s/ Jeffrey A. Fiarman
			Name: Jeffrey A. Fiarman Title: Senior Vice President, Chief Legal Officer & Secretary

FAQ

Who is Frontdoor's new Chief Technology Officer?

Dr. Balakrishnan 'Bala' Ganesh has been appointed as Senior Vice President and Chief Technology Officer, effective July 14, 2025. He was previously a board member and served as CTO at OnTrac Logistics.

What is Dr. Ganesh's background and experience?

Dr. Ganesh has extensive experience in digital transformation, cybersecurity, and product development. He previously served at UPS for over 10 years, was a Partner at AKF Consulting, and holds a PhD in aerospace engineering. He was also recognized by Business Insider as one of the 100 people transforming business.

How will Frontdoor's board composition change?

The board size will be reduced from eight to seven directors effective June 30, 2025, following Dr. Ganesh's resignation from the Board and Audit Committee to assume his executive role.

When will Dr. Ganesh start his new role at Frontdoor?

Dr. Ganesh will begin his role as Senior Vice President and Chief Technology Officer on July 14, 2025. He will resign from the Board and Audit Committee effective June 30, 2025.