Alphabet Executive Joins Opendoor as New Finance Chief

  • Opendoor appoints Selim Freiha as its new CFO
  • Freiha joins from Alphabet where he served as VP of finance, capital allocation and planning
  • Shrisha Radhakrishna named Chief Technology and Product Officer
  • Radhakrishna previously worked at Intuit and LegalZoom

Opendoor Technologies has appointed Selim Freiha, an Alphabet executive, as its new Chief Financial Officer (CFO), effective November 4th. Freiha will replace the company’s interim CFO Christy Schwartz, who will continue as the Chief Accounting Officer. Prior to joining Opendoor, Freiha served as Vice President of Finance, Capital Allocation and Planning at Alphabet since February 2023. He also has experience working at eBay. Selim Freiha’s annual base salary is $500,000 and he will participate in an annual cash incentive program. In addition to this appointment, Opendoor named Shrisha Radhakrishna as the new Chief Technology and Product Officer (CTPO). Radhakrishna comes from LegalZoom where he served as Chief Technology and Product Officer, and has over a decade of experience at Intuit.

Factuality Level: 10
Factuality Justification: The article provides accurate information about the appointments of Selim Freiha as CFO and Shrisha Radhakrishna as CTPO at Opendoor Technologies with their respective backgrounds and salaries. It also mentions the resignation of Christy Schwartz from the position of interim CFO.
Noise Level: 3
Noise Justification: The article provides relevant information about new executive appointments in Opendoor Technologies but lacks analysis or exploration of the consequences of these decisions on the company and its stakeholders.
Public Companies: Opendoor Technologies (OPEN), Alphabet (GOOGL), eBay (EBAY), LegalZoom (LZ), Intuit (INTU)
Key People: Selim Freiha (Chief Financial Officer), Shrisha Radhakrishna (Chief Technology and Product Officer), Christy Schwartz (Chief Accounting Officer)

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Financial Relevance: Yes
Financial Markets Impacted: Opendoor Technologies’ stock price may be impacted by the appointment of new executives.
Financial Rating Justification: The appointment of new executives, including a CFO and CTPO, can potentially affect the company’s financial performance and strategic direction, which could influence its stock price in financial markets.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
Move Size: No market move size mentioned.
Sector: Technology
Direction: Up
Magnitude: Small
Affected Instruments: Stocks

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