US EditionShopify COO Kaz Nejatian departing company at end of week (Business)
Kaz Nejatian, having led Shopify's merchant services since 2019, will become CEO of Opendoor, succeeding as the AI-driven real estate company advances its growth strategy.
- Kaz Nejatian, Shopify's chief operating officer, will leave the Ottawa-based company on Friday, September 12, 2025.
- Nejatian joined Shopify in September 2019 from Facebook, initially serving as vice president leading the Shopify Money team, before advancing to VP of Merchant Services and ultimately becoming COO in the fall of 2022.
- Shopify has not revealed the cause behind Nejatian's departure but confirmed that its executive team will take over his duties to guarantee a smooth transition.
- Shopify spokesperson Ben McConaghy highlighted that the company is undergoing a dynamic phase driven by advancements in AI and strengthened by a highly capable team, while CEO Tobi Lütke remains committed to focusing on product development and overall strategy.
- Nejatian’s exit concludes six years of contributions to building merchant services, and he will take on a new role as CEO at Opendoor Technologies Inc., an AI-powered real estate platform.
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Shopify COO Kaz Nejatian departing company at end of week (Business)
Shopify's chief operating officer is leaving the e-commerce software company. In a regulatory filing dated today, the company says Kaz Nejatian's last day with the company will be on Friday. The filing also says Nejatian's responsibilities will be assumed by Shopify's executive team. It describes th...
Shopify COO Kaz Nejatian Exits For New Gig Leading AI-Powered Real Estate Platform Opendoor
Shopify Chief Operating Officer VP Product, Kaz Nejatian is stepping down on September 12 to take on a new leadership role as CEO of AI-powered real estate platform Opendoor.The 8-K notice filed with the SEC today thanked Mr. Nejatian for his contributions to the company and assured investors that the rest of the executive team is ready to assume his responsibilities to ensure a seamless transition.Nejatian joined Shopify from Facebook in 2019, …
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