Offerpad Solutions Inc., a leading tech-enabled platform for residential real estate, made a significant announcement today. The company revealed that Peter Knag will be joining as its new Chief Financial Officer, effective June 5, 2024. Knag brings with him over 20 years of finance leadership experience from top companies like WarnerMedia, TBS, and AT&T.
Knag’s impressive track record includes serving as the former Executive Vice President & Chief Financial Officer for Turner Broadcasting System, Inc., the parent company of CNN, TNT, and TBS. He also held the role of Executive Vice President of WarnerMedia Finance, where he oversaw key financial areas such as Financial Planning & Analysis, treasury, financial reporting, and more.
Prior to his time at Turner, Knag held key leadership positions at AT&T Inc., where he played a crucial role in driving the company’s financial success and growth. Throughout his career, Knag has demonstrated expertise in financial strategy, corporate development, and relationship management on a global scale.
“We are thrilled to welcome Peter Knag to the Offerpad team,” said Brian Bair, Chairman and CEO of Offerpad. “His extensive background in finance and corporate development, along with his proven leadership in business operations and complex transactions makes him an invaluable addition to our executive team.”
Knag expressed his excitement about joining Offerpad, stating, “I am excited to join at such a dynamic time for the company. I look forward to working with the talented team to continue to grow and diversify Offerpad’s platform offerings and drive efficiency, scale, and profitability in the business.”
With Knag’s appointment, Offerpad is poised to further strengthen its position in the residential real estate market and drive growth and profitability in the coming years.