Rocket Companies Appoints Alastair Rampell to Expanded Board

Rocket Companies (RKT) has released an update to notify the public and investors about its officers.

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.