Opendoor Technologies (OPEN) announced that effective immediately, the Board has appointed Shrisha Radhakrishna as President and interim leader of Opendoor. Carrie Wheeler, Opendoor’s current Chief Executive Officer and Chair of the Board, has made the decision to step down from her roles with the company, also effective immediately. Wheeler will act as an advisor to the Board through the end of the year. The Board has elected Eric Feder, President of LenX, Lennar Homes’ strategic investing arm, as Lead Independent Director. In conjunction with the company’s strategic evolution, Wheeler approached the Board of Directors and they began a CEO succession planning process in mid-2025, retaining Spencer Stuart to assist with the process. The CEO search is well underway.
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