Opendoor sticks with insider for CFO, hires Coinbase vet for president

Group 1 - Opendoor Technologies has promoted Christy Schwartz from interim CFO to permanent finance chief, effective January 1 [7] - The company has also appointed Lucas Matheson, former CEO of Coinbase Canada, as president, replacing Shrisha Radhakrishna, who will remain as chief technology and product officer [7] - Schwartz has been with the company for eight years and has held various senior finance roles, including serving as interim CFO during two different periods [5][7] Group 2 - Schwartz's new role will come with an annual base salary of $1.2 million until May 15 of next year, after which it will be reduced to $500,000 [6] - The company conducted an external search and engaged in discussions with numerous public-company finance chiefs before deciding to promote Schwartz [7] - CEO Kaz Nejatian emphasized that Schwartz has the deepest understanding of the business and the trust of the team, which influenced the decision to promote her [7]