"In a document filed with the Securities and Exchange Commission on Friday, Opendoor announced the appointment of Christy Schwartz as interim chief financial officer, effective at the end of the month. Schwartz is replacing Selim Freiha. According to the filing, the Opendoor team met with Freiha on Thursday and agreed that she would depart the company on Friday. Schwartz will remain as interim CFO until whichever comes first, May 15, 2026, or 30 days from the appointment of a permanent CFO."
"Schwartz has previously served as Opendoor's interim CFO from December 2022 to November 2024, and has also served as its chief accounting officer from March 2021 to May 2025. Earlier in her career with Opendoor, Schwartz served as the company's vice president, corporate controller from August 2016 until March 2021. Per the offer letter given to Schwartz by Opendoor, she is entitled to an annual base salary of $1.2 million, and pending board approval, an award of 400,641 restricted stock units."
Opendoor appointed Christy Schwartz as interim chief financial officer, effective at the end of the month, replacing Selim Freiha after a meeting that led to her departure. Schwartz will serve until May 15, 2026, or 30 days after a permanent CFO is appointed. Schwartz previously served as interim CFO and chief accounting officer and held earlier finance roles since 2016. The offer includes a $1.2 million annual base salary and, pending board approval, 400,641 restricted stock units. Kaz Nejatian was named CEO, founders Keith Rabois and Eric Wu rejoined the board, and retail investor activity drove a rapid stock surge. Opendoor plans near-term continental U.S. expansion.
Read at www.housingwire.com
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