Rocket Companies (RKT) has released an update to notify the public and investors about its officers.
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On February 1, 2024, Rocket Companies, Inc. expanded its Board of Directors to nine and appointed Alastair Rampell as a Class II director until the 2025 annual stockholders meeting. Rampell, a General Partner at Andreessen Horowitz since 2015, brings extensive experience from serving on several boards and co-founding companies like Affirm and TrialPay. The Board has confirmed Rampell’s independence in line with SEC and NYSE regulations. He will receive a prorated annual cash retainer and an initial stock grant, with subsequent annual equity grants, under the terms of the Company’s incentive plans and director agreements.
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For a comprehensive understanding of the announcement, you can read the full document here.