Opendoor Names Coinbase Canada CEO Lucas Matheson President, Confirms Christy Schwartz as CFO

Overview

• Matheson will oversee corporate development, financial planning and analysis, and new strategic initiatives that include Opendoor’s exploration of blockchain-based homeownership tokenization.
• He joins from Coinbase Canada and previously held operational roles at Shopify, where his tenure overlapped with CEO Kaz Nejatian for two years.
• Christy Schwartz was promoted to permanent chief financial officer after serving in the role on an interim basis since September.
• Shrisha Radhakrishna, who had been interim president, will remain Opendoor’s chief technology and product officer.
• OPEN shares moved higher following the announcement, while the tokenization effort remains an exploratory strategy rather than a launched product.