Better continues leadership shake-up as Chad Smith, Barry Feierstein move on

Weeks after Better Home & Finance Holding Co. CEO Vishal Garg was ousted from his leadership position and replaced with Daniel Lewis, the company is continuing to announce more significant leadership changes as it marks a new operational chapter. Better has promoted David Parrish to head of enterprise operations, per an 8-K filing from the company on Tuesday. Parrish previously served as chief information officer and chief information security officer, where he was instrumental in developing Better’s proprietary Tinman platform and AI-powered loan assistant, Betsy. Chad Smith, who had served as Better’s COO, announced today that he has been appointed CEO of Envoy Mortgage and president of sister company PLACE’s mortgage and financial services division. In its 8-K, Better also confirmed that Barry Feierstein, who is also listed as a COO for the company, will step down from his roles to “pursue new opportunities.” “This is not a retreat from the vision that built Better,” the company stated in its release. “It is the next stage of that vision: from invention to disciplined execution.” The filing also stated that under the terms of the separation agreement, Smith is entitled to a ...