Rocket Companies appoints AI and fintech expert Alex Rampell to Board

Rocket Companies, Inc.

Appointed as independent Class II director effective February 1, 2024; term expires at 2025 annual meeting.
Rampell is General Partner at Andreessen Horowitz and co-founder of Affirm.
Will receive annual cash retainer of $75,000 and RSUs with initial grant value of $215,000, vesting after one year.
Alongside CEO Varun Krishna who joined Board in December 2023, this adds deep fintech and AI expertise.
Company notes it uses AI to generate approximately 3.7 billion customer interactions and decisions annually.

item 5.02 item 7.01 item 9.01

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Appointed

Alastair Rampell

Class II Director

RKT · Rocket Companies, Inc.

Effective: 2024-02-01
Filed: February 1, 2024, 6:59 PM ET

voted to expand the Board from eight directors to nine directors and to fill the newly created vacancy on the Board by appointing Alastair Rampell to serve as a Class II director, effective February 1, 2024

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Alastair Rampell was appointed as Class II Director at Rocket Companies, Inc..

Action: appointed
Role: Class II Director

Exact text from the filing

voted to expand the Board from eight directors to nine directors and to fill the newly created vacancy on the Board by appointing Alastair Rampell to serve as a Class II director, effective February 1, 2024

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Rocket Companies, Inc. filing history →

Source: SEC EDGAR

accession 0000950142-24-000254

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