By Chandler, Ariz. – Offerpad Solutions, the real estate platform based in Chandler, Arizona, has confirmed that its Chief Financial Officer (CFO), Jawad Ahsan, will be leaving the company after six months.
According to a regulatory filing on Tuesday, James Grout, the Senior Vice President for Finance, will be assuming the role of interim principal financial officer. In addition, Hiten Patel, the Senior Vice President and Controller, will take on the position of interim principal accounting officer.
Offerpad emphasizes that Ahsan’s departure is unrelated to any disagreements or issues concerning the company’s finances or operations. As per the announcement, Ahsan will not receive any severance or separation payments or benefits.
Ahsan, who joined Offerpad as CFO in July, will be replaced by Grout and Patel in their respective interim roles. Grout, 35, has been with the company since March 2022 and previously held positions as Vice President for Finance and Director for Financial Planning and Analysis. He also brings experience from his time at Intel.
Meanwhile, Patel, 42, has served as Senior Vice President and Controller since April 2022 and has held various controller roles at Shutterfly.
Comments