Open -handed his executive leadership team continues to shake up, because the company seems to be back on the way to profitability.
In one Document submitted with the Securities and Exchange Commission On Friday, OpenDoor announced the appointment of Christy Schwartz as an interim finance director, effectively at the end of the month. Schwartz replaces Selim Freiha. According to the application, the OpenDoor team met Freiha on Thursday and agreed that she would leave the company on Friday. Schwartz remains as an interim CFO until what comes first, May 15, 2026 or 30 days after the appointment of a permanent CFO.
SCHWARTZ earned earlier from December 2022 to November 2024 as interim cfo of Opendoor and also from August 2016 to March 2025 of March 2025 of March 2025 as main articles officer officer from August 2016 to March 2025 as his most important accounting officer.
According to the SCHWARTZ offering letter by OpenDoor, it is entitled to an annual basic salary of $ 1.2 million and pending the approval of the council, a grant of 400,641 limited share units.
The appointment of Schwartz is just over a week after OpenDoor announced the appointment of Kaz Nejatian as his new CEO, to replace Carrie Wheeler, who was resigning in mid -August.
The Executive Team of Opendoor came under pressure this summer after the company attracted the attention of the owner of the investors and Hedgefonds Eric Jackson, who posted the place X In mid -July he believed that the shares of the company had the potential to jump 10 times to $ 82 per share. This ensured that the stock price of OpenDoor rises rapidly.
In addition to the appointment of Nejatian, his founders Keith Rabois and Eric Wu returned to the Opendoor Board of Directors.
In a separate Sec On Wednesday, the company announced that it is planning to expand its product offering to enable it to provide “services through the entire continental United States in the coming weeks, through one or more of its direct cash offer, cash plus or together with its partner agents to provide listing services.”
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