Technology

Opendoor appoints new president and CFO

December 15, 2025 5 min read views
Opendoor appoints new president and CFO

Lucas Matheson of Coinbase Canada has been named president and Christy Schwartz, who had been interim CFO, has officially been given the title on a permanent basis.

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IBuyer Opendoor has appointed a new president from the fintech sector and a chief financial officer from within the company, the iBuyer announced on Monday.

Lucas Matheson, who was most recently CEO of Coinbase Canada, has been named president of Opendoor, effective Dec. 22, 2025. As president, Matheson will oversee corporate development, financial planning and analysis, and new and emerging strategic initiatives, like how blockchain technology and tokenization could create new pathways to homeownership.

“Real estate is one of the last major asset classes that hasn’t been touched by the financial innovation happening everywhere else,” Matheson said in a statement. “Opendoor has already proven you can reimagine how people buy and sell homes. I’m here to help execute on what’s next.”

Matheson also spent five years at Shopify, leading M&A, strategic expansion, corporate financial planning and other operational roles. Opendoor CEO Kaz Nejatian came to the company from Shopify, where he served as Chief Operating Officer since 2019.

Opendoor’s new CFO as of Jan. 1, 2026, is Christy Schwartz, who has most recently served as the company’s interim CFO. Schwartz was appointed after the company conducted interviews with several CFOs at publicly traded companies across a number of industries.

“We looked everywhere,” Nejatian said in a statement. “We talked to CFOs from nearly every sector. And we realized the person with the deepest command of our business, the trust of every team, and the bias for action we need was already here.”

During Opendoor’s leadership transition, Shrisha Radhakrishna served as interim president, and will continue as Chief Technology and Product Officer.

“My job is to find the best person for every seat,” Nejatian added in a statement. “This is the team for the next version of Opendoor, one built for speed, clarity and impact. Every day we don’t make real progress is a day we don’t make homeownership better. We’re not going to waste days.”

Email Lillian Dickerson

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