Opendoor Appoints New President and Chief Financial Officer

Opendoor Technologies Inc. announced significant leadership changes, appointing Lucas Matheson, former CEO of Coinbase Canada, as its new President and promoting interim CFO Christy Schwartz to the permanent Chief Financial Officer role. These appointments are designed to lead the company's next phase of growth.

Key Details

• New President: Lucas Matheson will become President effective December 22, 2025. His compensation includes a $500,000 base salary, a $200,000 sign-on bonus, and performance-based equity awards valued at $12 million.
• New CFO: Christy Schwartz, who has been serving as interim CFO, will assume the role permanently on January 1, 2026. Her compensation includes a temporary base salary of $1.2 million until May 15, 2026 (then $500,000), and a grant of 3,390,000 performance-based RSUs.
• Leadership Transition: Shrisha Radhakrishna, the former President, will continue with the company in his role as Chief Technology and Product Officer.