09:34 AM EDT, 03/25/2024 (MT Newswires) -- Open Lending ( LPRO ) said Monday that Keith Jezek has resigned as chief executive officer and as a member of the board.

Chuck Jehl, currently chief financial officer, has been named interim CEO and chief operating officer, the company said.

The board has launched a search for a permanent CEO, Open Lending ( LPRO ) said, adding that Jehl will still be the company's CFO during this process.

Open Lending ( LPRO ) said it remains on track to achieve its guidance for certified loans for Q1 2024.

Open Lending ( LPRO ) shares were more than 5% lower in early trading on Monday.

Price: 7, Change: -0.14, Percent Change: -1.96