CHANDLER, Ariz.–(BUSINESS WIRE)–Offerpad Solutions, a leading tech-enabled platform for residential real estate, today announced that Jawad Ahsan will become Chief Financial Officer of Offerpad effective July 10, 2023, succeeding Michael Burnett. Mr. Burnett will remain with the Company in an advisory capacity through August 1, 2023 to assist with the transition.
“On behalf of the Offerpad team, I want to thank Mike for his leadership and stewardship over the past four years,” said Brian Bair, Chairman and CEO of Offerpad. “He played an instrumental role in driving our successful public listing and developing a talented finance team. We wish him well in all future endeavors.”
Jawad Ahsan most recently served as President of FreePower Inc. Prior to joining FreePower, he served for 5 years as CFO at Axon Enterprise, Inc. (Nasdaq: AXON). Throughout his tenure, he was instrumental in helping grow Axon’s market cap from $1 billion to over $13 billion and raising over $600 million through two follow-on offerings. Prior to Axon, Ahsan served as CFO for Market Track, a market intelligence tech company. Ahsan also spent 13 years in various roles at General Electric, most notably serving as CFO for Centricity, GE Healthcare’s electronic health record and enterprise software businesses. He currently serves on the Board of Directors of FARO Technologies Inc. (Nasdaq: FARO) and previously served on the Board of Directors of STORE Capital Corporation (NYSE: STORE) prior to its sale to GIC. Ahsan earned his MBA from the MIT Sloan School of Management and a BA in Economics from the College of the Holy Cross.
Ahsan is an innovative leader. He comes with an impressive track record of growing both top and bottom-line results by executing with a sense of urgency and cultivating new partnerships. Ahsan’s addition to the Offerpad leadership team amplifies the company’s opportunity to accelerate its near-term growth strategy.
“Jawad is a highly regarded CFO with extensive experience and an accomplished career. I believe his strengths and expertise will add significant value to Offerpad by helping drive profitable growth and improving our operational excellence,” said Bair.
“My history building high-performing organizations for companies experiencing rapid growth is a perfect fit for Offerpad. I am excited to work with this talented team, and I believe there is tremendous opportunity for value creation as we advance Offerpad’s mission to revolutionize the real estate industry,” said Ahsan.
About Offerpad
Offerpad’s mission is to deliver the best home buying and selling experience. From cash offers and flexible listing options to mortgages and buyer services, Offerpad has been helping homeowners since 2015. We pair our local expertise in residential real estate with proprietary technology to put you in control of the process and help find the right solution that fits your needs. Visit Offerpad.com for more information.
