Rocket Companies announced the expansion of its Board of Directors from nine to ten members with the appointment of Sarah Watterson as a new independent Class III director, effective August 17, 2026. Ms. Watterson brings over 15 years of experience in executive leadership, investment, and capital markets, including roles at Goldman Sachs and Fortress Investment Group, where she focused on financial services and mortgage origination.
Key Details
- Appointment: Sarah Watterson was appointed as a Class III director, effective August 17, 2026, with a term expiring at the company's 2029 annual meeting.
- Compensation: Ms. Watterson will receive an annual cash retainer of $75,000 and an initial Restricted Stock Unit (RSU) grant valued at $215,000, which vests after one year.
- Background: She is currently President of 3 Star Sports & Entertainment and previously served as a Managing Director at Fortress Investment Group, where her responsibilities included businesses in financial services and mortgage lending.