An announcement from Open Lending ( (LPRO) ) is now available.
On March 31, 2025, Open Lending Corporation announced significant leadership changes with the appointment of Jessica Buss as Chief Executive Officer and Michelle Glasl as Chief Operating Officer. Jessica Buss brings extensive experience from the insurance industry, previously serving as CEO of Argo Group International Holdings. Her leadership is expected to enhance collaboration with insurance carrier partners and automotive lending partners, focusing on improving loan performance and underwriting processes. Chuck Jehl will continue as interim Chief Financial Officer and a Board member during the transition period, while a search for a permanent CFO is underway. These changes aim to drive the company’s strategic growth and strengthen its position in the industry.
More about Open Lending
Open Lending Corporation, listed on Nasdaq as LPRO, is a prominent player in the lending enablement and risk analytics sector, providing loan analytics, risk-based pricing, risk modeling, and default insurance solutions to auto lenders across the United States. With over two decades of experience, the company focuses on empowering financial institutions to build profitable auto loan portfolios with reduced risk.
YTD Price Performance: -50.96%
Average Trading Volume: 624,417
Technical Sentiment Signal: Buy
Current Market Cap: $334.2M
For a thorough assessment of LPRO stock, go to TipRanks’ Stock Analysis page.