Particle.news
Download on the App Store

Opendoor Hires Coinbase Veteran Lucas Matheson as President, Promotes Christy Schwartz to CFO

The move signals a push to test blockchain-based tokenization to improve liquidity of the homes Opendoor holds.

Overview

  • Opendoor appointed Lucas Matheson president and made interim finance chief Christy Schwartz its permanent CFO, formalizing a leadership reset.
  • Matheson, formerly CEO of Coinbase Canada and a Shopify alumnus, will oversee corporate development, FP&A, and exploratory work on blockchain tokenization.
  • Shares of Opendoor jumped after the announcement, reflecting investor enthusiasm for the refreshed team and financial-innovation initiatives.
  • Schwartz has served as interim CFO since September and previously held chief accounting and controller roles; her CFO appointment takes effect January 1.
  • Shrisha Radhakrishna, who had been interim president, returns to chief technology and product officer as Matheson joins the company on December 22.