Rocket Companies Hires AI Innovator Shawn Malhotra as Chief Technology Officer
DETROIT, May 6, 2024 /PRNewswire/ -- Rocket Companies (NYSE: RKT), the Detroit-based fintech platform company including mortgage, real estate and other financial service businesses, today announced Shawn Malhotra as its first ever group Chief Technology Officer (CTO), effective May 6, 2024.
- In this role, Malhotra will oversee the development and implementation of technology across the entire Rocket Companies' ecosystem, including Artificial Intelligence (AI) development, Data Science, Product Engineering, Technology Operations and Information Security – among other areas.
- As we double down on our commitment to technology innovation, Shawn will help us focus on delivering groundbreaking solutions to our clients, partners and team members," said Varun Krishna, CEO of Rocket Companies.
- "Shawn's primary objective will be to increase the rate of innovation and execution in the organization, amplifying Rocket's AI initiatives.
- Just last month, Rocket Companies announced Rocket Logic and Rocket Logic – Synopsis.