Opendoor CEO Wheeler steps down, company begins search for replacement

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Opendoor Announces CEO Search in Support of Next Phase of Growth and Innovation

August 15, 2025 9:00 AM EDT

SAN FRANCISCO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that effective immediately, the Board has appointed Shrisha Radhakrishna as President and interim leader of Opendoor. Carrie Wheeler, Opendoors 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. Ms. 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... More