Leadership & Pay ·
Opendoor appoints Mike Alfred to Board as Class I director effective October 29
OPENOpendoor Technologies Inc.
The Board of Directors approved the appointment of Michael Alfred as a Class I director, effective October 29, 2026. He will serve until the 2027 annual meeting and join the Nominating and Corporate Governance Committee. The board determined he is independent under Nasdaq standards. In connection with his appointment, Mr. Alfred received 45,268 restricted stock units representing a prorated annual equity award, vesting on the date of the 2027 annual meeting subject to continued service. He will be compensated as other non-employee directors and has signed standard indemnification agreements. Opendoor operates an e-commerce platform for residential real estate.