Opendoor Technologies Inc. has announced significant changes to its executive team, with Selim F. Freiha being appointed as the new Chief Financial Officer (CFO), effective November 4, 2024. Freiha, with a rich background in finance at Alphabet Inc. and eBay Inc., replaces interim CFO Christy Schwartz, who will continue with the company as Chief Accounting Officer. The announcement, made on October 1, 2024, also includes the appointment of Shrisha Radhakrishna as Chief Technology & Product Officer, set to join in November. Freiha's compensation package includes a $500,000 annual base salary, eligibility for an annual cash incentive program, and a one-time sign-on bonus of $750,000, along with 3,875,000 restricted stock units. Schwartz's transition agreement maintains her employment through May 2, 2025, with terms similar to her current role. These executive appointments are part of Opendoor's strategy to drive growth and enhance its e-commerce platform for residential real estate transactions.

Opendoor Technologies Inc. has announced significant changes to its executive team, with Selim F. Freiha being appointed as the new Chief Financial Officer (CFO), effective November 4, 2024. Freiha, with a rich background in finance at Alphabet Inc. and eBay Inc., replaces interim CFO Christy Schwartz, who will continue with the company as Chief Accounting Officer. The announcement, made on October 1, 2024, also includes the appointment of Shrisha Radhakrishna as Chief Technology & Product Officer, set to join in November. Freiha's compensation package includes a $500,000 annual base salary, eligibility for an annual cash incentive program, and a one-time sign-on bonus of $750,000, along with 3,875,000 restricted stock units. Schwartz's transition agreement maintains her employment through May 2, 2025, with terms similar to her current role. These executive appointments are part of Opendoor's strategy to drive growth and enhance its e-commerce platform for residential real estate transactions.