Offerpad announces immediate departure of CFO Jawad Ahsan

Offerpad Solutions and Jawad Ahsan, the company’s Chief Financial Officer and principal accounting officer, mutually agreed that Ahsan would separate from the company, effective immediately, it disclosed in a regulatory filing. Ahsan is not eligible to receive severance or other separation payments or benefits in connection with his separation from the company. Ahsan’s departure is not the result of any disagreement with the Company on any matter relating to the company’s financials or operations, Offerpad added. The company’s board designated James Grout, Senior Vice President, Finance to serve as principal financial officer and Hiten Patel, Senior Vice President, Controller, to serve as principal accounting officer, in each case on an interim basis while the company engages in a search for a new Chief Financial Officer.