Open Lending appoints Chuck Jehl permanent CEO; interim CFO search underway

Open Lending Corp

Charles D. Jehl appointed permanent CEO and Board member effective Sept 11, 2024; previously interim CEO since March 2024.
Jehl continues as interim CFO while Board conducts search for permanent CFO and COO successors.
New employment agreement: base salary $500k, cash bonus target 100% of base, LTIP target $2.5M (60% PSUs, 40% RSUs).
Jehl was instrumental in taking company public in 2020; prior 14-year tenure at Forestar Group as CFO and CAO.

item 5.02

Executive movements

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Appointed

Charles D. Jehl

Director

LPRO · Open Lending Corp

Effective: 2024-09-11
Filed: September 12, 2024, 7:59 PM ET

elected Mr. Jehl as a member of the Board

Appointed

Charles D. Jehl

Chief Executive Officer

LPRO · Open Lending Corp

Effective: 2024-09-11
Filed: September 12, 2024, 7:59 PM ET

the Board of Directors (the “Board”) of Open Lending Corporation (the “Company”) announced that it has appointed Charles D. Jehl as the Chief Executive Officer of the Company on a permanent, non-interim basis and elected Mr. Jehl as a member of the Board, each effective as of the same date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles D. Jehl was elected as Director at Open Lending Corp.

Action: elected
Role: Director

Exact text from the filing

elected Mr. Jehl as a member of the Board

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles D. Jehl was appointed as Chief Executive Officer at Open Lending Corp.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

the Board of Directors (the “Board”) of Open Lending Corporation (the “Company”) announced that it has appointed Charles D. Jehl as the Chief Executive Officer of the Company on a permanent, non-interim basis and elected Mr. Jehl as a member of the Board, each effective as of the same date.

View on SEC.gov

Open Lending Corp filing history →

Source: SEC EDGAR

accession 0001806201-24-000128

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