8-K
filed February 13, 2023, 6:59 PM ET
ticker RKT
CIK 0001805284
leadership
confidence high
sentiment neutral
materiality 0.75
Rocket CEO Jay Farner to retire June 1, Bill Emerson appointed interim CEO
Rocket Companies, Inc.
- Jay Farner retiring as CEO effective June 1, 2023, after 27-year career at the company.
- Bill Emerson named interim CEO; served as CEO of Rocket Mortgage for 15 years (2002-2017).
- Farner also stepped down from Board on Feb 9; Emerson appointed to Board effective immediately.
- Board retained a leading firm to search for a permanent CEO, evaluating internal and external candidates.
- Company reaffirmed previously announced Q4 2022 adjusted revenue guidance.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jay Farner departed as Chief Executive Officer at Rocket Companies, Inc..
- Action
- retire
- Role
- Chief Executive Officer
Exact text from the filing
his intent to retire as Chief Executive Officer of the Company, effective June 1, 2023
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Bill Emerson was appointed as interim Chief Executive Officer at Rocket Companies, Inc..
- Action
- appointed
- Role
- interim Chief Executive Officer
Exact text from the filing
On February 9, 2023, the Board appointed Bill Emerson as the Company’s interim Chief Executive Officer, effective on the Transition Effective Date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jay Farner departed as Vice Chairman and member of the Board at Rocket Companies, Inc..
- Action
- retire
- Role
- Vice Chairman and member of the Board
Exact text from the filing
and as Vice Chairman and member of the Board, effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Bill Emerson was elected as Class I director at Rocket Companies, Inc..
- Action
- elected
- Role
- Class I director
Exact text from the filing
elected Mr. Emerson as a Class I director, to fill the seat on the Board vacated by Mr. Farner
View on SEC.gov
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