Opendoor Technologies Management
Management criteria checks 0/4
Opendoor Technologies' CEO is Carrie Wheeler, appointed in Dec 2022, has a tenure of 2.08 years. total yearly compensation is $17.57M, comprised of 4.3% salary and 95.7% bonuses, including company stock and options. directly owns 1.97% of the company’s shares, worth $20.16M. The average tenure of the management team and the board of directors is 1 years and 3 years respectively.
Key information
Carrie Wheeler
Chief executive officer
US$17.6m
Total compensation
| CEO salary percentage | 4.3% |
| CEO tenure | 2.1yrs |
| CEO ownership | 2.0% |
| Management average tenure | 1yr |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
Opendoor Technologies: Good Long-Term Potential, But Near-Term Risk Is High
Jan 18Not Many Are Piling Into Opendoor Technologies Inc. (NASDAQ:OPEN) Stock Yet As It Plummets 27%
Jan 10
Opendoor Technologies: Minimal Recovery Catalysts - More Uncertainties In The Near-Term
Dec 21Even With A 30% Surge, Cautious Investors Are Not Rewarding Opendoor Technologies Inc.'s (NASDAQ:OPEN) Performance Completely
Nov 26Opendoor Technologies: Business Model Showing Signs Of Weaknesses
Nov 20Opendoor Technologies Inc. (NASDAQ:OPEN) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Nov 11Opendoor: Left Behind By Recent Market Recovery - Maintain Speculative Buy
Oct 04Opendoor: Macro Uncertainty Is More Important Than Rates
Sep 23Investors Still Aren't Entirely Convinced By Opendoor Technologies Inc.'s (NASDAQ:OPEN) Revenues Despite 29% Price Jump
Sep 12Opendoor Technologies: Valuation Approaching An Attractive Entry Point
Aug 29Analysts Have Just Cut Their Opendoor Technologies Inc. (NASDAQ:OPEN) Revenue Estimates By 11%
Aug 09Opendoor: Outperformance Is Not Enough
Aug 05Even With A 42% Surge, Cautious Investors Are Not Rewarding Opendoor Technologies Inc.'s (NASDAQ:OPEN) Performance Completely
Jul 17Opendoor: The Fed Pivot May Jumpstart Its Prospects
Jul 13Opendoor: Path To Breakeven Remains Far, A Very Tough Call
Jun 135 Reasons To Buy Opendoor
May 13Positive Sentiment Still Eludes Opendoor Technologies Inc. (NASDAQ:OPEN) Following 29% Share Price Slump
Apr 26Are Investors Undervaluing Opendoor Technologies Inc. (NASDAQ:OPEN) By 40%?
Mar 15Opendoor Remains Attractive For Opportunistic Investors Looking For The Great Upside
Mar 02Opendoor Technologies: Fortune Favors The Bold
Feb 25Lacklustre Performance Is Driving Opendoor Technologies Inc.'s (NASDAQ:OPEN) 28% Price Drop
Jan 18Analysts Just Made A Major Revision To Their Opendoor Technologies Inc. (NASDAQ:OPEN) Revenue Forecasts
Nov 07Opendoor Trading Below Liquidation Value; Still Not A Buy
Oct 17Opendoor: A Generational Buy For Bold, Contrarian, Long-Term Investors
Sep 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$370m |
| Jun 30 2024 | n/a | n/a | -US$398m |
| Mar 31 2024 | n/a | n/a | -US$283m |
| Dec 31 2023 | US$18m | US$750k | -US$275m |
| Sep 30 2023 | n/a | n/a | -US$583m |
| Jun 30 2023 | n/a | n/a | -US$1b |
| Mar 31 2023 | n/a | n/a | -US$1b |
| Dec 31 2022 | US$383k | US$383k | -US$1b |
| Sep 30 2022 | n/a | n/a | -US$1b |
| Jun 30 2022 | n/a | n/a | -US$274m |
| Mar 31 2022 | n/a | n/a | -US$364m |
| Dec 31 2021 | US$350k | US$350k | -US$662m |
| Sep 30 2021 | n/a | n/a | -US$525m |
| Jun 30 2021 | n/a | n/a | -US$549m |
| Mar 31 2021 | n/a | n/a | -US$461m |
| Dec 31 2020 | US$50m | US$115k | -US$253m |
Compensation vs Market: Carrie's total compensation ($USD17.57M) is above average for companies of similar size in the US market ($USD3.20M).
Compensation vs Earnings: Carrie's compensation has increased whilst the company is unprofitable.
CEO
Carrie Wheeler (53 yo)
2.1yrs
Tenure
US$17,566,265
Compensation
Ms. Carrie A. Wheeler serves as an Independent Director since September 12, 2023 at TKO Group Holdings, Inc. She had been the Chief Financial Officer of Opendoor Technologies Inc. since December 2020 until...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.1yrs | US$17.57m | 1.97% $ 20.2m | |
| Chief Legal Officer & Secretary | 2.3yrs | US$525.00k | 0.059% $ 607.4k | |
| Co-Founder & Advisor to the Board | no data | US$354.58k | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Investment Officer | 1yr | no data | no data | |
| Chief Technology & Product Officer | less than a year | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| Chief Marketing Officer | 1yr | no data | no data | |
| Chief People Officer | 4yrs | no data | no data | |
| Strategic Advisor | 5.1yrs | US$425.00k | no data | |
| Head of Market Operations | less than a year | no data | no data |
1.0yrs
Average Tenure
50yo
Average Age
Experienced Management: OPEN's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.1yrs | US$17.57m | 1.97% $ 20.2m | |
| Co-Founder & Advisor to the Board | 1yr | US$354.58k | no data | |
| Independent Director | 4.1yrs | US$337.72k | 0.060% $ 611.8k | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.2yrs | US$109.75k | 0.0080% $ 81.6k | |
| Independent Director | 4.1yrs | US$332.59k | 0.079% $ 804.3k | |
| Independent Director | 4.1yrs | US$340.29k | 0.030% $ 305.8k | |
| Independent Director | 4.1yrs | US$342.85k | 0.043% $ 434.9k | |
| Independent Director | less than a year | no data | no data | |
| Lead Independent Director | 3.8yrs | US$353.13k | no data |
3.0yrs
Average Tenure
54yo
Average Age
Experienced Board: OPEN's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 15:10 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Opendoor Technologies Inc. is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Justin Ages | Berenberg |
| Curtis Nagle | BofA Global Research |
| James Fuller | BTIG |