Frontdoor appoints Jason Bailey as new CFO, Jessica Ross to step down

MEMPHIS - Frontdoor, Inc. (NASDAQ:FTDR), a provider of home warranties, announced Wednesday the appointment of Jason Bailey as Senior Vice President and Chief Financial Officer, effective November 10, 2025. The company’s stock is currently trading at $65.74, having gained over 25% in the past six months and more than 20% year-to-date.

Bailey will succeed Jessica Ross, who is resigning from her position after serving as CFO for three years. Ross will remain with the company through December 31, 2025, as an advisor to CEO Bill Cobb to ensure a smooth transition.

"Jessica has made many contributions to our company over the past three years," said Cobb in the press release. "During her tenure, our revenue and profits have grown to new heights, and we have delivered on our financial commitments to our shareholders."

Bailey brings over 25 years of finance and public accounting experience, including more than 15 years at Frontdoor and its former parent company, ServiceMaster. He most recently served as VP of Finance at Frontdoor. His prior experience includes 11 years in public accounting at Deloitte and Arthur Andersen.

A certified public accountant licensed in Tennessee, Bailey holds a Bachelor of Accountancy and Master of Taxation from the University of Mississippi.

Frontdoor describes itself as an industry leader in home warranties and new home structural warranties through its brands American Home Shield and 2-10 Home Buyers Warranty, which together serve more than two million members.

The leadership change comes as the company positions itself for what it describes as its "next chapter of growth," according to the statement released by Frontdoor.

In other recent news, Frontdoor reported third-quarter earnings that surpassed analyst expectations. The company’s revenue grew by 14% year-over-year, reaching $618 million, which exceeded the consensus estimate of $608.14 million. Frontdoor also reported adjusted earnings per share of $1.58, surpassing the expected $1.46. The growth in revenue was attributed to a 3% increase from pricing and a 12% increase from higher volume, largely due to the 2-10 acquisition. The company’s gross profit margin improved by 60 basis points to 57%, and adjusted EBITDA rose by 18% to $195 million compared to the same period last year. These developments reflect a positive trend in Frontdoor’s financial performance. Additionally, Frontdoor raised its full-year outlook, indicating confidence in its ongoing business strategy. These updates are part of the company’s recent developments, providing investors with a clearer picture of its current financial health.

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