#board-changes

#board-changes

The company said that since Third Point and D.E. Shaw's first letter last year, it has conducted extensive engagement with its shareholders including Third Point and that the feedback gained helped inform the meaningful steps it has taken to deliver shareholder value. Some of these actions include the appointments of John Berisford, Rachel Glaser and Christine McCarthy to the firm's board of directors, replacing Michael Klein, Christopher Nassetta and Laura Kaplan, who all retired from the board;

They decided to terminate two contracts earlier this month, according to documents from Companies House (h/t Hammers News). David Sullivan, Junior and Jiri Svarc have had their contract terminated. Svarc joined the club in September 2022, and he has now been reappointed to the parent company, WH Holding Ltd. Similarly, Sullivan Junior has also joined the parent company after his contract with West Ham United was terminated.

Nejatian, who has prior experience as an attorney, entrepreneur and product leader, also has experience using artificial intelligence to scale products, teams and companies. He's been at Shopify since 2019, where he helped to build teams and products for the e-commerce platform. It's a privilege to become Opendoor's leader, Nejatian said. Few life events are as important as buying or selling a home. With AI, we have the tools to make that experience radically simpler, faster, and more certain. That's the future we're building.