William Dabbs Cavin
On June 8, 2026, William Dabbs Cavin resigned his position as a director of Open Lending Corporation (the “Company”), effective immediately.
Highest-materiality recent filing
Open Lending board reconstituted after merger close; six directors exit, two appointed
Effective July 30, 2026, directors Jessica Buss, Abhijit Chaudhary, Eric Feldstein, Thomas Hegge, Blair Greenberg, and Todd Hart ceased.
Open Lending acquired by ANV Group Holdings for $3.15/share; stock to be delisted
Tender offer accepted 101,256,899 shares (85.57% outstanding) at $3.15 cash per share.
Open Lending to be acquired by ANV for $3.15/share in all-cash deal, 78% premium
Offer price $3.15/share in cash, ~78% premium to Open Lending's 90-day VWAP as of June 15, 2026.
Director William Dabbs Cavin resigns from Open Lending board effective June 8, 2026
William Dabbs Cavin resigned as director of Open Lending Corporation effective immediately on June 8, 2026.
Open Lending stockholders approve reverse stock split and board declassification at annual meeting
Reverse stock split approved (ratio range 1:5 to 1:7); board to set exact ratio; 96.8M for, 5.2M against.
Open Lending Q1 net loss $0.5M; certified loans drop 24% YoY to 21,064
Total revenue $20.5M (down 16% YoY); gross profit $15.6M.
Open Lending Q4 net income $1.7M vs loss $144.4M; revenue jumps to $19.3M
Certified loans Q4: 19,308 vs 26,065 YoY; full year 97,348 vs 110,652.
Open Lending enters cooperation with Palogic, adds new director nominee; director Jehl departs
Cooperation agreement with Palogic includes board seat for William Dabbs Cavin as Class III director nominee at 2026 annual meeting.
Open Lending finalizes separation agreement with former CRO Matthew Roe
Matthew Roe, former Chief Revenue Officer, terminated effective July 29, 2025; separation agreement dated Dec 2, 2025.
Open Lending appoints Abhijit Chaudhary to board, replacing Gene Yoon
Gene Yoon resigned as director on Nov 19, 2025; no dispute with the company.
Open Lending Q3 2025 net loss of $7.6M vs prior-year net income of $1.4M
Certified loans fell to 23,880 from 27,435 YoY; total revenue rose to $24.2M from $23.5M.
Open Lending names Ben Massey General Counsel and Corporate Secretary effective Nov 7, 2025
Matthew Stark resigned as Chief Legal & Compliance Officer and Corporate Secretary, effective Nov 7, 2025.
Open Lending appoints Todd Hart to Board; Adam Clammer resigns effective Sept 25, 2025
Adam Clammer resigned as director effective Sept 25, 2025; no dispute with company.
Open Lending Q2 2025 revenue $25.3M (-5% YoY); net income $1.0M vs $2.9M
Certified loans 26,522, down 8.4% from 28,963 in Q2 2024.
Open Lending terminates CRO Matthew Roe; reaffirms Q2 guidance
Terminated Matthew R. Roe as Chief Revenue Officer effective July 29, 2025.
Open Lending appoints Massimo Monaco as CFO, effective Aug 18, 2025
Massimo Monaco, former CFO of Arc Home LLC, appointed CFO effective August 18, 2025.
Open Lending CEO Buss assumes interim CFO duties after Jehl departure
Interim CFO Charles Jehl's role terminated June 29, 2025; he remains as non-employee director.
Open Lending holds annual meeting; all proposals approved by stockholders
Elected Adam H. Clammer and Blair J. Greenberg as Class II directors, each with over 50M votes for.
Open Lending Q1 revenue falls 20.5% to $24.4M; net income drops to $0.6M
Certified loans 27,638 (-2% YoY); revenue $24.4M vs $30.7M, driven by $7.4M drop in profit share revenue from new originations.
Open Lending reassigns CTO Sarah Lackey to VP Strategic Initiatives, drops NEO status
Sarah Lackey removed as CTO and named executive officer effective April 22, 2025.
Open Lending names Jessica Buss CEO, Chuck Jehl interim CFO, Michelle Glasl COO
Jessica Buss appointed CEO effective March 31, 2025; previously CEO of Argo Group.
Open Lending reports Q4 2024 negative revenue of $56.9M; appoints new CEO and COO
Q4 total revenue negative $56.9M vs $14.9M prior year; net loss $144.4M vs $4.8M loss.
Open Lending co-founder John Flynn retires from Board; to serve as consultant through 2025
John J. Flynn, co-founder, retired from the Board of Directors effective January 16, 2025.
Open Lending Q3 revenue $23.5M, down 9.6% YoY; net income $1.4M vs $3.0M
Certified loans fell to 27,435 from 29,959 YoY, a decline of 8.4%.
Open Lending appoints Chuck Jehl permanent CEO; interim CFO search underway
Charles D. Jehl appointed permanent CEO and Board member effective Sept 11, 2024; previously interim CEO since March 2024.
Open Lending Q2 revenue $26.7M, net income $2.9M; certified loans 28,963, down 16% YoY
Total revenue $26.7M, down 30% from $38.2M in Q2 2023; gross profit $21.0M vs $32.0M.
All three Class I director nominees elected at May 22 annual meeting.
Open Lending terminates CIO Thinh Nguyen without cause; severance of $145,382 plus COBRA
Thinh Nguyen, CIO, terminated without cause effective May 2, 2024.
Open Lending Q1 revenue $30.7M, down 20% YoY; certified loans fall 13% to 28,189
Certified loans 28,189 in Q1 2024 vs 32,408 in Q1 2023 (-13% YoY).
CEO Keith Jezek resigns; CFO Chuck Jehl named interim CEO; Q1 guidance reaffirmed
Keith Jezek resigned as CEO and board member effective March 22, 2024; will advise during transition.
Open Lending Q4 2023 revenue $14.9M, net loss $4.8M; certified loans down 24% YoY
Q4 2023 certified loans 26,263, down 24% from 34,550 YoY; total revenue $14.9M (down 44% from $26.8M).
Open Lending Q3 2023 revenue down 49% YoY to $26.0M; certified loans drop 29% to 29,959
Total revenue $26.0M, down from $50.7M YoY; includes $8.1M reduction in estimated future profit share revenues.
Open Lending Q2 revenue down 27% YoY to $38.2M; certified loans fall 23%
Certified loans of 34,354 in Q2 2023 vs 44,531 in Q2 2022, a 22.9% decline.
Open Lending appoints Jessica Snyder Chairman; John Flynn remains on board
John Flynn stepped down as Chairman on July 27, remains non-employee director.
Open Lending director resigns; True Wind Capital investor Thomas Hegge appointed
William Heldfond resigned as director effective July 14, 2023, after resigning from True Wind Capital.
Annual meeting votes elect three Class III directors, ratify auditor, approve executive compensation
Stockholders elected John J. Flynn, Keith A. Jezek, and Jessica Snyder as Class III directors to serve until 2026 annual meeting.
Open Lending Q1 revenue down 23% YoY to $38.4M; net income falls to $12.5M
32,408 certified loans in Q1 2023, down 26% from 43,944 in Q1 2022.
Open Lending extends consulting term for former President/COO Jessup by six months
First Amendment extends Advisory and Consulting Services Agreement from 6 to 12 months.
Open Lending Q4 2022 revenue $26.8M, net loss $4.2M; FY revenue $179.6M, down 17% YoY
Q4 2022 certified loans 34,550 vs 42,639 YoY; total revenue $26.8M vs $51.6M; net loss $4.2M vs net income $27.8M.
Open Lending board authorizes $75M share repurchase program through Nov 2023
Board authorized repurchase of up to $75M of outstanding common stock.
Open Lending Q3 revenue $50.7M (-14% YoY); certified loans 42,186 (-14.5% YoY)
Revenue $50.7M, down 14% YoY from $58.9M; net income $24.5M vs $29.4M
Ross Jessup retired as President/COO on Oct 5, 2022; consulting agreement effective Oct 17, 2022.
Open Lending appoints Keith Jezek as CEO; co-founder Flynn becomes Chairman
John Flynn retires as CEO, becomes Chairman; Ross Jessup retires as President/COO, moves to advisory role.
Open Lending amends credit agreement for $300M facilities; maturity extended to 2027
Establishes $150M Term A Loan and upsizes revolving facility by $100M to $150M total.
Open Lending Q2 revenue $52M (-15% YoY); net income $23.1M; lowers FY 2022 guidance
Revenue $52.0M vs $61.1M in Q2 2021; net income $23.1M vs $76.0M.
Open Lending sets annual advisory vote on exec compensation after stockholder vote
Stockholders at May 31, 2022 annual meeting voted for one-year frequency on say-on-pay.
Adam H. Clammer, Blair J. Greenberg, and Shubhi Rao elected as Class II directors with majority votes.
Open Lending Q1 revenue up 14% to $50.1M; net income $23.2M; signs Arch as insurance partner
Revenue of $50.1M (up 14% YoY); net income of $23.2M vs $12.9M in Q1 2021.
Open Lending Q4 revenue $51.6M, FY revenue $215.7M (+98% YoY), net income swings to profit
Q4 2021: Revenue $51.6M (up 30% YoY), GAAP net income $27.8M vs $15.2M, adj. EBITDA $36.6M.
Open Lending extends AmTrust producer agreement to 2028; $9B in loans insured since 2010
5-year extension of Producer Agreement with AmTrust North America through Dec 31, 2028.
On June 8, 2026, William Dabbs Cavin resigned his position as a director of Open Lending Corporation (the “Company”), effective immediately.
On April 22, 2025, Open Lending Corporation (the "Company") reassigned the duties and responsibilities of Sarah Lackey, the Company's Chief Technology Officer and a named executive officer, to other personnel within the Company.
the Board also appointed Michelle Glasl as the Chief Operating Officer of the Company, effective immediately.
the Board has appointed Jessica Buss as the Chief Executive Officer of the Company, effective immediately.
On January 21, 2025, Open Lending Corporation (the “Company”) announced that John J. Flynn retired from his position as a member of the Board of Directors (the “Board”) of the Company, effective as of January 16, 2025.
elected Mr. Jehl as a member of the Board
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.
On May 2, 2024, Open Lending Corporation (the “Company”) terminated the employment of Thinh Nguyen, Chief Information Officer of the Company, without cause, effective as of May 2, 2024
The Board has appointed Charles D. Jehl to serve as the Interim Chief Executive Officer of the Company and the Chief Operating Officer of the Company, in addition to serving as Chief Financial Officer and Treasurer of the Company, effective as of March 22, 2024.
On March 22, 2024, Keith A. Jezek, the Chief Executive Officer of Open Lending Corporation (the “Company”), terminated employment with the Company and resigned from the Board of Directors of the Company (the “Board”), effective as of March 22, 2024.
On July 27, 2023, John J. Flynn stepped down from his position as Chairman of the Board
and Jessica Snyder was appointed Chairman of the Board.
Max materiality 1.00 · Median 0.60 · Most common event leadership