Rocket Companies Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Varun Krishna
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 11.7% |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | less than a year |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
Rocket Companies Is Materially Overpriced Considering The Interest Rate Outlook
Mar 28Rocket Companies: Market Share Gains Support A Positive Outlook
Mar 20Rocket Mortgage: Housing Market Recovery Creates Potential Opportunity
Oct 17Rocket Companies: Stabilization, Albeit At Very Low Levels
Sep 18Rocket Companies: Weak Near-Term Performance Puts Pressure On The Stock
Jul 11Rocket Recovery With Expected Increase In Home Buying
Jul 03Rocket Companies' Platform Is Strong; Depends On Interest Rate/Mortgage Convexity
Jun 09Rocket Companies Hunkers Down For Worsening Real Estate Contraction
Jan 13Rocket Companies marginally up as CEO buys $600K shares
Dec 15Rocket Companies stock drops 11% as Argus cuts to Hold on concerns over recent deals
Nov 16These Analysts Just Made An Incredible Downgrade To Their Rocket Companies, Inc. (NYSE:RKT) EPS Forecasts
Nov 06
Rocket Companies Q3 Earnings Preview - Quantitative Analysis
Oct 31Rocket Companies: Still Some Supply/Demand Downside, But Cheap - A Cautious Buy
Sep 30Some Rocket Companies, Inc. (NYSE:RKT) Analysts Just Made A Major Cut To Next Year's Estimates
Aug 09Rocket Companies: Shares Look To Keep Rebounding Off The June Low
Aug 08Hold: Rocket Companies Is Far From Its Doomsday
May 18Downgrade: Here's How Analysts See Rocket Companies, Inc. (NYSE:RKT) Performing In The Near Term
May 12Is Rocket Companies Stock A Buy Or Sell After Recent Earnings? We're Bullish Into Low Expectations
Mar 03Rocket Companies Focuses On Revenue Diversification
Dec 23Rocket Companies: Uncertainties In Revenue Growth
Nov 08Rocket Companies - Not Rocking, But Good Enough
Aug 18WestRock (RKT) Presents At Deutsche Bank Conference - Slideshow
Jun 16Rocket Mortgage stock gets Buy rating at Argus, Neutral at Piper
Jun 08These Analysts Think Rocket Companies, Inc.'s (NYSE:RKT) Sales Are Under Threat
May 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$404k | -US$16m |
Compensation vs Market: Varun's total compensation ($USD3.45M) is below average for companies of similar size in the US market ($USD13.53M).
Compensation vs Earnings: Insufficient data to compare Varun's compensation with company performance.
CEO
Varun Krishna (40 yo)
less than a year
Tenure
US$3,445,914
Compensation
Mr. Varun Krishna serves as Chief Executive Officer of Rocket Companies, Inc. since September 05, 2023 & serves as its Director since December 21, 2023. He serves as Chief Executive Officer of Rocket Mortg...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman of the Board | 4.1yrs | no data | no data | |
| CFO & Treasurer | 1.4yrs | US$3.02m | 0.19% $ 47.3m | |
| Executive Legal Counsel & Secretary | 1.5yrs | US$2.35m | 0.032% $ 8.0m | |
| CEO & Director | less than a year | US$3.45m | no data | |
| President | less than a year | US$6.82m | 0.20% $ 48.6m | |
| Chief Accounting Officer | less than a year | no data | 0.037% $ 9.0m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Chief Diversity Officer | 2.3yrs | no data | no data | |
| Chief Risk Officer of Rocket Mortgage | no data | no data | no data | |
| Executive Vice President-Servicing of Rocket Mortgage | no data | no data | no data | |
| Chief Information Officer of Rocket Mortgage | no data | no data | no data |
0.6yrs
Average Tenure
44yo
Average Age
Experienced Management: RKT's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman of the Board | 4.1yrs | no data | no data | |
| CEO & Director | less than a year | US$3.45m | no data | |
| President | 1.2yrs | US$6.82m | 0.20% $ 48.6m | |
| Independent Director | 3.4yrs | US$316.97k | 0.023% $ 5.7m | |
| Independent Director | 3.7yrs | US$313.22k | 0.060% $ 14.9m | |
| Independent Director | 3.7yrs | US$305.73k | 0.035% $ 8.7m | |
| Director | 4.1yrs | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Director | 4.1yrs | no data | 0.42% $ 103.4m |
3.7yrs
Average Tenure
61yo
Average Age
Experienced Board: RKT's board of directors are considered experienced (3.7 years average tenure).