---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-296662"
form_type: "8-K"
ticker: "OPEN"
cik: "0001801169"
company_name: "Opendoor Technologies Inc."
filed_at: "2022-12-01T23:59:59+00:00"
generated_at: "2026-06-21T11:05:59.137062+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Opendoor CEO Eric Wu transitions to President, Marketplace; CFO Carrie Wheeler becomes CEO

## Summary
- Carrie Wheeler appointed CEO and to Board, effective Dec 1; previously CFO since Dec 2020.
- Eric Wu resigned as CEO, named President, Marketplace; forfeited unvested RSUs.
- Christy Schwartz named interim CFO; previously Chief Accounting Officer since March 2021.
- President Andrew Low Ah Kee resigned; will serve as advisor through Q1 2023.
- Wheeler receives $750k base salary, $250k target bonus, and $25M RSU grant vesting over 4 years.

## SEC filing metadata
- accession: 0001193125-22-296662
- form_type: 8-K
- ticker: OPEN
- cik: 0001801169
- company_name: Opendoor Technologies Inc.
- filed_at: 2022-12-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801169/000119312522296662/0001193125-22-296662-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801169/000119312522296662/d429358d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-296662
- JSON: https://secwatch.observer/filing/0001193125-22-296662.json
- Plain text: https://secwatch.observer/filing/0001193125-22-296662.txt

## Key facts
- Executive change
  Carrie Wheeler was appointed as Chief Executive Officer at Opendoor Technologies Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On December 1, 2022, Opendoor Technologies Inc. (the “Company”) appointed Carrie Wheeler as the Chief Executive Officer of the Company effective as of December 1, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801169/000119312522296662/0001193125-22-296662-index.htm
- Executive change
  Carrie Wheeler was appointed as Director at Opendoor Technologies Inc..
  - Action: appointed
  - Role: Director
  source text: Ms. Wheeler was also appointed to the Board of Directors of the Company (the “Board”), effective December 1, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801169/000119312522296662/0001193125-22-296662-index.htm
- Executive change
  Eric Wu was appointed as President, Marketplace at Opendoor Technologies Inc..
  - Action: resigned and appointed
  - Role: President, Marketplace
  source text: replacing Eric Wu who resigned from his position as the Chief Executive Officer to be appointed as the Company's President, Marketplace effective as of December 1, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801169/000119312522296662/0001193125-22-296662-index.htm

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