Opendoor Appoints Selim Freiha as Chief Financial Officer and Shrisha Radhakrishna as Chief Technology & Product Officer

Rhea-AI Summary

Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, has announced two key executive appointments. Selim Freiha has been named Chief Financial Officer, bringing experience from Alphabet Inc. and eBay. Shrisha Radhakrishna has been appointed as Chief Technology & Product Officer, with a background at LegalZoom and Intuit.

CEO Carrie Wheeler expressed confidence that these additions to the executive team will be instrumental in shaping the future of real estate. She highlighted Radhakrishna's track record in building transformative digital solutions, aligning with Opendoor's commitment to creating seamless customer experiences. Wheeler also noted Freiha's wealth of knowledge from leading tech and e-commerce platforms, positioning him to drive the company's next growth phase and financial performance.

Positive

• Appointment of experienced executives from major tech companies
• Potential for improved financial performance and growth with new CFO
• Enhanced technological capabilities with new CTO & Product Officer

Negative

• None.

News Market Reaction – OPEN

%

1 alert

% News Effect

On the day this news was published, OPEN declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Alphabet Inc. and eBay vet named Chief Financial Officer

LegalZoom and Intuit vet named Chief Technology & Product Officer

SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), the leading e-commerce platform for residential real estate transactions, today announced the appointments of Selim Freiha as Chief Financial Officer and Shrisha Radhakrishna as Chief Technology & Product Officer.

“The addition of Selim and Shrisha to our executive team will be instrumental as we continue shaping the future of real estate,” said Carrie Wheeler, CEO of Opendoor. “Shrisha’s exceptional track record in building transformative digital solutions aligns perfectly with Opendoor’s commitment to creating seamless and innovative customer experiences. Selim brings a wealth of knowledge from the world’s leading tech and e-commerce platforms, making him an ideal fit to help drive our next chapter of growth and financial performance.”

About Selim Freiha

Selim has extensive experience leading finance at global tech and e-commerce platforms. He joins Opendoor from Alphabet Inc., where he served as Vice President, leading Corporate Financial Planning & Analysis, and prior to that led Finance for Google Commerce and Payments. Prior to Alphabet Inc., Selim spent 17 years at eBay in roles such as Head of Corporate FP&A, CFO of eBay Markets, and VP, Investor Relations. Selim has a long history of partnering with product and tech teams to drive disciplined growth while enabling investment in innovation.

“I’ve followed Opendoor closely over the past decade, and the company’s mission of simplifying real estate transactions is one that deeply resonates with me,” said Freiha. “I’m energized to help propel the next phase of growth and financial performance at Opendoor, and to continue delivering value for both customers and shareholders.”

About Shrisha Radhakrishna

Shrisha is a visionary leader with a proven ability to develop digital platforms that address real-world problems while leading global engineering teams. Most recently, he served as Chief Technology & Product Officer at LegalZoom, where he led the company's transition to a modern, technology-driven platform, revolutionizing legal services for small businesses. Prior to that, Shrisha spent over a decade at Intuit, where he pioneered the development of QuickBooks Self-Employed and QuickBooks Online—two of the fastest-growing products in Intuit’s history. His work transformed financial management for millions of small businesses worldwide.

“Opendoor is not just changing real estate—it’s pushing the industry into the future,” said Radhakrishna. “I’m thrilled to join this exceptional team and continue building customer-centric solutions that simplify the complex processes of buying and selling homes. Our goal is to make moving easier for everyone, and I can’t wait to help drive that forward.”

Selim and Shrisha will join the Opendoor executive team in November.

About Opendoor
Opendoor is the leading e-commerce platform for residential real estate transactions whose purpose is to power life’s progress, one move at a time. Since 2014, Opendoor has provided people across the U.S. with a simple and certain way to sell and buy a home. Opendoor is a team of problem solvers, innovators and operators who are leading the future of real estate. Opendoor currently operates in markets nationwide.

For more information, please visit www.opendoor.com.

Contacts

Investors:
investors@opendoor.com

Media:
press@opendoor.com

FAQ

Who are the new executives appointed by Opendoor (OPEN)?

Opendoor (OPEN) has appointed Selim Freiha as Chief Financial Officer and Shrisha Radhakrishna as Chief Technology & Product Officer.

What is Selim Freiha's background before joining Opendoor (OPEN)?

Selim Freiha has experience from Alphabet Inc. and eBay before joining Opendoor (OPEN) as Chief Financial Officer.

Where did Shrisha Radhakrishna work before becoming CTO & Product Officer at Opendoor (OPEN)?

Shrisha Radhakrishna previously worked at LegalZoom and Intuit before joining Opendoor (OPEN) as Chief Technology & Product Officer.

What does Opendoor (OPEN) CEO Carrie Wheeler expect from these new appointments?

CEO Carrie Wheeler expects these appointments to be instrumental in shaping the future of real estate, driving growth, improving financial performance, and enhancing customer experiences at Opendoor (OPEN).