David Benson joins Opendoor Board of Directors
Opendoor Technologies Inc. (Nasdaq: OPEN) has announced the appointment of David Benson, former President of Fannie Mae, to its Board of Directors, effective immediately. Benson, who will also serve on the Board's Audit Committee, brings three decades of leadership in single-family residential real estate, along with expertise in capital markets and regulatory landscapes.
Benson most recently served as President of Fannie Mae, overseeing business units and corporate functions. During his tenure, he played a important role in modernizing the company's business model and leading it to record profitability levels. He also pioneered the formation of Common Securitization Solutions, enhancing liquidity and standardization in the mortgage-backed securities market.
Opendoor Technologies Inc. (Nasdaq: OPEN) ha annunciato la nomina di David Benson, ex Presidente di Fannie Mae, al suo Consiglio di Amministrazione, con effetto immediato. Benson, che farà anche parte del Comitato di Audit del Consiglio, porta con sé tre decenni di esperienza nel settore immobiliare residenziale unifamiliare, insieme a competenze nei mercati finanziari e nei contesti normativi.
Benson ha recentemente ricoperto il ruolo di Presidente di Fannie Mae, supervisando le unità aziendali e le funzioni corporate. Durante il suo mandato, ha svolto un ruolo importante nel modernizzare il modello di business dell'azienda e nel guidarla verso livelli record di redditività. Ha anche promosso la creazione di Common Securitization Solutions, migliorando la liquidità e la standardizzazione nel mercato dei titoli garantiti da ipoteca.
Opendoor Technologies Inc. (Nasdaq: OPEN) ha anunciado el nombramiento de David Benson, ex Presidente de Fannie Mae, a su Junta Directiva, con efecto inmediato. Benson, quien también formará parte del Comité de Auditoría de la Junta, aporta tres décadas de liderazgo en bienes raíces residenciales unifamiliares, además de experiencia en mercados de capital y regulaciones.
Benson se desempeñó más recientemente como Presidente de Fannie Mae, supervisando unidades de negocio y funciones corporativas. Durante su mandato, desempeñó un papel clave en la modernización del modelo de negocio de la empresa y la llevó a niveles récord de rentabilidad. También fue pionero en la creación de Common Securitization Solutions, mejorando la liquidez y la estandarización en el mercado de valores respaldados por hipotecas.
Opendoor Technologies Inc. (Nasdaq: OPEN)는 David Benson을 이사회에 즉시 임명했다고 발표했습니다. Benson은 전 Fannie Mae 회장으로, 이사회 감사위원회에도 참여하며 30년 이상의 리더십 경험을 가지고 있으며, 단독 주택 부동산, 자본 시장 및 규제 환경에 대한 전문 지식을 갖추고 있습니다.
Benson은 최근 Fannie Mae의 회장으로 재직하며 비즈니스 단위 및 기업 기능을 감독했습니다. 그의 재임 기간 동안 그는 회사의 비즈니스 모델 현대화에 중요한 역할을 하였으며, 회사는 기록적인 수익성 수준에 도달했습니다. 그는 또한 일반 증권화 솔루션(Common Securitization Solutions)의 형성을 선도하여 주택담보부증권 시장의 유동성과 표준화를 향상시켰습니다.
Opendoor Technologies Inc. (Nasdaq: OPEN) a annoncé la nomination de David Benson, ancien président de Fannie Mae, à son conseil d'administration, avec effet immédiat. Benson, qui siègera également au comité d'audit du conseil, apporte trente ans de leadership dans l'immobilier résidentiel unifamilial, ainsi qu'une expertise dans les marchés financiers et les réglementations.
Benson a été récemment président de Fannie Mae, supervisant les unités commerciales et les fonctions d'entreprise. Au cours de son mandat, il a joué un rôle clé dans la modernisation du modèle commercial de l'entreprise et a conduit l'entreprise à des niveaux de rentabilité record. Il a également été à l'origine de la création de Common Securitization Solutions, améliorant ainsi la liquidité et la normalisation sur le marché des titres adossés à des créances hypothécaires.
Opendoor Technologies Inc. (Nasdaq: OPEN) hat die Ernennung von David Benson, ehemaliger Präsident von Fannie Mae, in seinen Vorstand bekannt gegeben, wirksam sofort. Benson, der auch im Prüfungsausschuss des Vorstands dienen wird, bringt drei Jahrzehnte an Führungserfahrung im Bereich von Einfamilienhäusern mit, sowie Expertise in Kapitalmärkten und regulatorischen Rahmenbedingungen.
Benson war zuletzt Präsident von Fannie Mae, wo er Geschäftsbereiche und Unternehmensfunktionen überwachte. Während seiner Amtszeit spielte er eine wichtige Rolle bei der Modernisierung des Geschäftsmodells des Unternehmens und führte es zu Rekordgewinnniveaus. Darüber hinaus war er Pionier bei der Gründung von Common Securitization Solutions, die die Liquidität und Standardisierung im Markt für hypothekenbesicherte Wertpapiere verbesserten.
- Appointment of David Benson, former Fannie Mae President, to the Board of Directors
- Benson brings 30 years of leadership experience in single-family residential real estate
- Addition of expertise in capital markets and regulatory landscapes to the Board
- Potential for improved strategic guidance and industry insights
- None.
SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that David Benson, former President of Fannie Mae, has been appointed to its Board of Directors (“Board”), effective immediately. Mr. Benson will also serve on the Audit Committee of the Board.
“I am thrilled to welcome David to our Board. He is a deeply respected executive who brings to our team three decades of leadership in the single-family residential real estate space, along with deep understanding of the capital markets and regulatory landscape,” said Carrie Wheeler, Opendoor CEO and Board Director. “I know that we will benefit from his industry insights and operating expertise as we continue building the largest, most trusted e-commerce platform for residential real estate transactions.”
“I am pleased to join the Board of Opendoor,” said Mr. Benson. “Opendoor has an impressive track record of bringing innovative and customer-centric solutions to residential real estate. I am eager to collaborate with the Board and management team to build further on Opendoor’s progress in bringing certainty and efficiency to the home buying and selling process.”
Mr. Benson most recently served as President of Fannie Mae, the largest provider of mortgage credit in the United States with over
About Opendoor
Opendoor is a leading e-commerce platform for residential real estate transactions whose mission is to power life’s progress, one move at a time. Since 2014, Opendoor has provided people across the U.S. with a simple and certain way to sell and buy a home. Opendoor is a team of problem solvers, innovators and operators who are leading the future of real estate. Opendoor currently operates in markets nationwide.
For more information, please visit www.opendoor.com.
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