Opendoor has appointed investor and technology entrepreneur Mike Alfred to its board, effective October 29, 2026. Alfred will also join the board’s Nominating and Corporate Governance Committee.
The appointment adds an independent director with experience in technology companies, investing and public-company boards. Alfred is also the founder of Alpine Fox, an investment partnership that owns Opendoor shares.
Key details
- Alfred will serve as a Class I director through the company’s 2027 annual meeting of stockholders.
- He has been determined to be independent under Nasdaq’s listing standards and will serve on the Nominating and Corporate Governance Committee.
- As part of his appointment, Alfred received 45,268 restricted stock units, described as a prorated annual equity award. The units are scheduled to vest in full at the 2027 annual meeting, provided he remains on the board.
- He will receive the same standard director compensation as Opendoor’s other non-employee directors.
- Alfred is managing partner of Alpine Fox, a private investment partnership focused on value equities and Bitcoin. He has served on the boards of IREN, an AI data-center developer and Bitcoin miner, and digital-payments company Bakkt.
- He previously co-founded and led BrightScope, a financial information company acquired in 2016, and Digital Assets Data, which was sold in 2020. He also serves on the boards of privately held companies in digital-asset management and home-equity technology.
What changes
Alfred’s appointment adds an independent member to Opendoor’s board and gives him a role in the committee overseeing board nominations and governance. The company did not announce other board or management changes.