Rocket's longtime CEO is leaving the company
The change comes as the battle with rival United Wholesale Mortgage reaches a fever pitch and analysts speculate that more changes at the top could be coming.
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The change comes as the battle with rival United Wholesale Mortgage reaches a fever pitch and analysts speculate that more changes at the top could be coming.
Farner will retire June 1, 2023 after 27 years with the company
Jay Farner will be replaced on an interim basis by former Rocket Mortgage CEO William Emerson.
Jay Farner, longtime Rocket Mortgage executive and CEO of the publicly-traded parent company will retire later this year, according to a news release. Farner, 49 — who's been at the Detroit-based mortgage lending company for nearly 30 years — will retire on June 1. At that time, Bill Emerson,…
Rocket Companies' CEO Jay Farner will retire in June. He has also stepped down from the board of directors. Bill Emerson will replace him.