Rocket Companies Appoints Varun Krishna Chief Executive Officer; Bob Walters, Rocket Companies Executive And Rocket Mortgage CEO To Retire Effective September 5
Portfolio Pulse from Benzinga Newsdesk
Rocket Companies (NYSE: RKT) has appointed Varun Krishna as its new CEO, effective from September 5, 2023. Krishna, who has over 20 years of experience in fintech, will succeed Bill Emerson, the interim CEO. Krishna previously served as Executive Vice President and General Manager, Consumer Group of Intuit, Inc. and Senior Director of Product at PayPal. Bob Walters, the current CEO of Rocket Mortgage and President and COO of Rocket Companies, will retire on the same day.
July 31, 2023 | 1:04 pm
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Rocket Companies has appointed a new CEO, Varun Krishna, who brings extensive fintech experience. This could potentially drive growth and operational excellence at Rocket. However, the retirement of Bob Walters, a long-standing executive, may cause short-term uncertainty.
The appointment of a new CEO with extensive fintech experience could potentially drive growth and operational excellence at Rocket Companies. However, the retirement of Bob Walters, a long-standing executive, may cause short-term uncertainty and potential volatility in the stock price.
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