leadership
confidence high
sentiment negative
materiality 0.70
Carrie Wheeler steps down as Opendoor CEO; Shrisha Radhakrishna named President & interim principal executive officer
Opendoor Technologies Inc.
- Carrie Wheeler resigned as CEO and Board member effective Aug 15, 2025; not due to any disagreement with the Company.
- Shrisha Radhakrishna appointed President and interim principal executive officer, reporting to the Board.
- Board conducting comprehensive search for permanent CEO; Eric Feder appointed Lead Independent Director.
- Wheeler entered Advisory Agreement through Dec 31, 2025, with $62,500/month cash and continued equity vesting.
item 5.02