---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-258957"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2022-10-06T23:59:59+00:00"
generated_at: "2026-06-23T05:08:05.643570+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Open Lending appoints Keith Jezek as CEO; co-founder Flynn becomes Chairman

## Summary
- John Flynn retires as CEO, becomes Chairman; Ross Jessup retires as President/COO, moves to advisory role.
- Keith Jezek appointed CEO and board member; previously led Cox Automotive Retail Solutions Group.
- Jezek gets $550k base salary, target bonus 100% of base, annual LTI target $4M (60% performance RSUs, 40% time-based RSUs).
- Initial equity grant of 825,000 time-based RSUs vesting 25% at 12 months then monthly over 36 months.
- Flynn receives $45,833/month consulting fee for up to 1 year, plus healthcare and equity vesting; FY2022 guidance reaffirmed.

## SEC filing metadata
- accession: 0001193125-22-258957
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2022-10-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000119312522258957/0001193125-22-258957-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000119312522258957/d408047d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-258957
- JSON: https://secwatch.observer/filing/0001193125-22-258957.json
- Plain text: https://secwatch.observer/filing/0001193125-22-258957.txt

## Key facts
- Executive change
  Keith A. Jezek was appointed as Chief Executive Officer at Open Lending Corp.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Keith A. Jezek, age 58, to succeed Mr. Flynn as Chief Executive Officer of the Company and elected Mr. Jezek as a member of the Board, each effective as of the same date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806201/000119312522258957/0001193125-22-258957-index.htm
- Executive change
  Ross M. Jessup retired as President and Chief Operating Officer at Open Lending Corp.
  - Action: retired
  - Role: President and Chief Operating Officer
  source text: Ross M. Jessup retired from his positions as President and Chief Operating Officer and as a member of the Board effective as of October 5, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806201/000119312522258957/0001193125-22-258957-index.htm
- Executive change
  Jessica Snyder was appointed as Vice Chair of the Board at Open Lending Corp.
  - Action: appointed
  - Role: Vice Chair of the Board
  source text: Jessica Snyder, a current director who serves as Chair of the Audit Committee of the Board, was appointed Vice Chair of the Board, effective as of the same date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806201/000119312522258957/0001193125-22-258957-index.htm
- Executive change
  John J. Flynn was appointed as Chairman at Open Lending Corp.
  - Action: retired as Chief Executive Officer, appointed as Chairman
  - Role: Chairman
  source text: John J. Flynn retired from his position as Chief Executive Officer and that the Board of Directors of the Company (the “Board”) appointed Mr. Flynn to the Board as its Chairman, each effective as of the same date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806201/000119312522258957/0001193125-22-258957-index.htm
- Executive change
  Keith A. Jezek was elected as member of the Board at Open Lending Corp.
  - Action: elected
  - Role: member of the Board
  source text: Keith A. Jezek, age 58, to succeed Mr. Flynn as Chief Executive Officer of the Company and elected Mr. Jezek as a member of the Board, each effective as of the same date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806201/000119312522258957/0001193125-22-258957-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.