Open Lending Names New Executive Leadership Team

Open Lending Announces Leadership Changes

Open Lending, a leading provider of credit decisioning technology and solutions, today announced that it has made several leadership changes to drive the company's continued growth and innovation.

First, the company announced that Remi Makhlouf, former Chief Operating Officer, has been promoted to President and Chief Operating Officer. In this new role, Makhlouf will oversee the day-to-day operations of the company, including sales, marketing, and product development.

Additionally, Open Lending announced that its Chief Financial Officer, David Stevens, has resigned from his position to pursue another opportunity. Stevens will remain with the company through the end of the month to ensure a smooth transition.

To fill the CFO role, Open Lending has appointed Michael Siefert, a seasoned finance executive with over 20 years of experience. Siefert joins Open Lending from his previous role as CFO at a leading fintech company, where he played a key role in driving growth and profitability.

"We are excited to announce these leadership changes, which will enable us to continue to drive innovation and growth at Open Lending," said Open Lending CEO, Lowell Putnam. "Remi's promotion to President and COO reflects his outstanding leadership and dedication to the company, and we are confident that Michael will bring valuable financial expertise to our team."

The leadership changes are effective immediately, with Makhlouf taking on his new role as President and COO and Siefert joining the company as CFO.