leadership
confidence high
sentiment neutral
materiality 0.70
Opendoor appoints Christy Schwartz interim CFO, replacing Selim Freiha effective Sept 30, 2025
Opendoor Technologies Inc.
- Selim Freiha departs as CFO effective Sept 19, 2025 by mutual agreement.
- Christy Schwartz named interim CFO from Sept 30, 2025 through May 15, 2026 or 30 days after new CFO hired.
- Schwartz receives $1.2M base salary and 400,641 RSUs vesting in three equal installments (Nov 15, 2025, Feb 15, 2026, May 15, 2026).
- She previously served as interim CFO (Dec 2022–Nov 2024) and Chief Accounting Officer (Mar 2021–May 2025).
- Severance: lump sum cash payment and accelerated RSU vesting if terminated without cause before May 15, 2026 or after new CFO hired.
item 5.02