Jun. 4 at 4:32 AM
$OPEN No. The upcoming 2026 annual meeting is not a vote on whether Kaz Nejatian remains CEO. The shareholders are being asked to vote on three things:
Election of three Class III directors
David Benson
Eric Feder
Eric Wu
Ratification of Deloitte & Touche LLP as auditor for 2026.
A non-binding "Say-on-Pay" vote on executive compensation, which includes CEO compensation.
Kaz Nejatian is currently both CEO and a board member, but his board seat is not up for election this year, and there is no proposal asking shareholders to remove or retain him as CEO. The board, not shareholders directly, decides who serves as CEO.
For Opendoor investors, the most significant item is probably the election of directors—especially the re-election of Eric Wu, since he remains a key figure in the company's strategic direction.