Vishal Garg Regains Control of Better Home & Finance Board, Announces Launch of “Better 2.0”
Business Wire•05/10/2026•15:56 ET
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Key Highlights
- ➤52.02% of voting power supported removing all five incumbent directors
- ➤Board reduced from nine to five seats after Garg Group’s successful consent solicitation
- ➤Bing Gordon and Steven Sarracino appointed alongside two current employees
- ➤Company moves to remove poison pill and dismiss federal litigation against Garg
- ➤90-day plan targets Tinman AI, home equity lending, asset sales, and shareholder capital returns
Expert Statements
Vishal Garg, Founder of Better Home & Finance
“In the last decade, only 1.7% of corporate proxy disputes seeking to replace the Board of a public company succeeded. Overcoming 50-to-1 odds to replace a public company board is a tremendous vote of confidence from our shareholders”
Vishal Garg, Founder of Better Home & Finance
“We recognize the significant work ahead to execute on Better 2.0, and we are committed to rebuilding trust through transparency, execution and clear results for our next 90 days ahead and beyond.”
Alex Spiro, Quinn Emanuel
“No public CEO has ever been pushed out, litigated the issue, and won his way back in two months. Vishal Garg has been vindicated.”
Vishal Garg, Founder of Better Home & Finance
“We are grateful to the shareholders who supported this effort”
Vishal Garg, Founder of Better Home & Finance
“Our focus now is on building Better 2.0 in a better, stronger way than ever before and to create lasting value for shareholders and serve our customers, employees and partners.”
Vishal Garg Regains Control of Better Home & Finance Board, Announces Launch of “Better 2.0”
Shareholders vote overwhelmingly (52.02%) to remove incumbent directors
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