Opendoor Technologies president Lucas Matheson steps down
Opendoor Technologies appointed Kaz Nejatian, already chief executive and a board member, as president effective the same day.
GetSignal Opendoor Technologies OPEN
Opendoor Technologies announced Lucas Matheson is stepping down as president, effective October 21, 2026. It said Matheson will remain a non-executive advisor to the chief executive through July 15, 2027, on substantially the same terms. It said that if his employment ends on or before July 15, 2027, other than by the company for cause, Matheson will receive base salary through that date plus severance.
Key facts
- Matheson step-down effective
- October 21, 2026
- Matheson advisory role ends
- July 15, 2027
- Nejatian new title
- President, in addition to chief executive officer
Source: Form 8-K filed October 21, 2026.
Written by GetSignal with AI from the company's SEC filing.
Not investment advice.
