Opendoor Names Kaz Nejatian as CEO; Founders Rabois and Wu Rejoin Board

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[{"type":"image","alt":"Opendoor Technologies Inc.","displaySize":"","headline":null,"caption":"Opendoor Technologies Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":64,"url":"https://media.zenfs.com/en/globenewswire.com/2ed7ec4166212051f3c96aabe8597128"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vMzmxqNbI00.Oy.G.yc3iA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTkwO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/2ed7ec4166212051f3c96aabe8597128","width":300,"height":64}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Nejatian, Chief Operating Officer of Shopify, to Lead Company’s Next Chapter as AI-Powered Real Estate Platform","length":111,"tagName":"p"}]},{"val":[{"type":"text","content":"Keith Rabois and Eric Wu Bring Back Founder DNA to Company with Rabois Appointed Chairman","length":89,"tagName":"p"}]},{"val":[{"type":"text","content":"Khosla Ventures and Wu Investing $40 Million in PIPE Financing","length":62,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":262,"olType":false},{"type":"text","content":"SAN FRANCISCO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN) today announced that Kaz Nejatian, Chief Operating Officer of Shopify, has been appointed Chief Executive Officer and member of the Board of Directors. Co-Founders Keith Rabois and Eric Wu are returning to the Board of Directors, with Rabois taking on the role of Chairman.","length":365,"tagName":"p"},{"type":"text","content":"The Right Leader for the AI Era","length":31,"tagName":"p"},{"type":"text","content":"Nejatian, a lawyer-turned-entrepreneur and product leader, is an AI-native executive with a track record of transforming products, teams, and companies at scale. He joins Opendoor after serving as Chief Operating Officer and Vice President of Product at Shopify, where since 2019 he helped build the teams and the products at one of the world’s most important commerce platforms. He is an exceptional operator, known for driving significant operating leverage while increasing speed of execution. He is a leader in the craft of product management and has helped build products used by hundreds of millions of people every day.","length":626,"tagName":"p"},{"type":"text","content":"“Literally there was only one choice for the job: Kaz. I am thrilled that he will be serving...

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