Opendoor Technologies Inc. (OPEN) Form 8-K — Oct 21, 2026
Opendoor announced on October 21, 2026 that President Lucas Matheson will step down from the role effective the same date. Under a transition agreement, Matheson remains employed as an Advisor to the CEO through July 15, 2027 on substantially the same compensation, and receives salary through that date plus Executive Severance Plan benefits if employment ends then or is terminated without cause.
Key figures
- Advisor through
- 2027-07-15
- Incoming president age
- 44
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