Replies to post #1387 on Rocket Companies Inc (RKT)

[UpTickMeA$AP]

Mr. Cooper Group’s Chairman and CEO Jay Bray will become President and CEO of Rocket Mortgage, reporting to Krishna.

Varun Krishna is the Chief Executive Officer of Rocket Companies.

So....

Now I want to pose a ?, has anyone ever seen where the acquired company's CEO becomes the CEO of the ACQUIRER

Is not actually what has taken place...

[jhdf51]

Yes..other than a couple reverse mergers (not the same thing)...I cannot find another example of this. But it seems a division not the entire company. Not exactly the same thing as company CEO to company CEO.

JHD