His announcement comes as Kelly Miskunas, Better’s Head of Capital Markets; business treasurer Edward Asher; And vice -president of Finance Hana Khosla left the company in April. In June, Mike d’Ambrosio, the director of credit risk and head of insurance technical; and Dom Savino, the head of partnerships and financial products, also left the company, according to LinkedIn updates.
Khosla has started with a new position like CFO at CardlessAn embedded map platform established in San Francisco. Savinos LinkedIn profile shows that he left better in June and still stays a partner at A zero capital.
A spokesperson for Better said that Ryan will continue to serve as CFO, while Savino remains in the company’s leadership team.
“Hana Khosla, Kelly Miskunas, Mike d’Ambrosio and Edward Asher have contributed better every for years and chose to pursue new opportunities,” the company said in the statement. “These were voluntary departure, and we thank them for their service and wish them the best in their future efforts.”
The spokesperson also pointed to Better’s recent additions from Clare Anderson as vice president of credit risk and Leah Price as vice president of the Tinman AI platform.
Ryan participated in Better’s second quarter of 2025 win call on 7 August. He repeated the company’s focus on cost discipline and agreed with the prediction of CEO Vishal Garg to reach adapted EBITDA Breakeven by Q3 2026.
Better reported a net loss of $ 36 million in Q2 2025, an improvement compared to its $ 50.5 million loss in Q1 2025 and a loss of $ 41 million in the same period last year. The adapted EBITDA loss was $ 27 million, slightly worse than the loss of $ 23 million a year ago, but better than the loss of $ 40 million from Q1 2025.
“We remain our goals from stimulating increased volume and income, in balance with continuous cost management and improved profitability, despite a continuous challenging market environment and increased macro volatility that weighed on our industry,” Ryan told analysts.
In April, Better announced that the $ 534 million would retire with outstanding debts in 2028 at an annual rate of 1% with SB NorthstarThe Asset Management Arm from Soft bank.
The deal included a one-off one-off cash payment of $ 110 million to Softbank and $ 155 million to new senior secure banknotes at 6% annual interest, owed in December 2028. The debt was reduced and the investor was given the right to indicate one non-stemard observer from 1 June.
Garg then said that the transaction has the liability structure of the company ‘rights’ and around $ 265 million arises for a positive power value.
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