Recent Updates — FTDR
Frontdoor, Inc. announced that Sally J. Shanks resigned as Vice President, Chief Accounting Officer and Controller effective September 18, 2026 to pursue other opportunities. Her departure was not due to disagreements with management or the Board. Jason L. Bailey, Senior Vice President and Chief Financial Officer, will assume principal accounting officer duties until a successor is appointed. Frontdoor, Inc. operates in the funeral services industry, providing pre-need funeral planning and related financial products.
Frontdoor, Inc. reported second-quarter 2026 financial results on August 6, 2026, announcing a raise in its full-year outlook. Revenue increased 5% to $645 million, while net income and diluted EPS rose 13% and 19% to $125 million and $1.76, respectively. Adjusted EBITDA grew 10% to $220 million, driven by a 3% price increase and favorable weather reducing claims costs. The company completed $181 million in share repurchases year-to-date through July 2026. Management raised full-year 2026 revenue guidance to $2.19 billion–$2.21 billion and adjusted EBITDA guidance to $585 million–$600 million, citing strong membership growth and operational discipline. Frontdoor operates in the home warranty industry, providing service plan agreements for major home systems and appliances.
On June 29, 2026, Frontdoor, Inc. announced the unanimous election of Hilla Sferruzza to its Board of Directors and her appointment to the Audit Committee, effective immediately. Ms. Sferruzza serves as the Executive Vice President and Chief Financial Officer of Meritage Homes. She will receive $90,000 in annual cash compensation and $180,000 in annual common stock, plus an additional $12,500 per year for Audit Committee service. Frontdoor, Inc. provides home warranty services.