Replies to post #745950 on Mr Cooper Group Inc fka COOP

[ReikoBlack]

"Will any of our senior leaders join the leadership team at Rocket?
In the press release, it was announced that upon closing of the transaction, it is expected that Mr. Cooper Group’s Chairman and CEO Jay Bray will become President and CEO of Rocket Mortgage, reporting to Varun Krishna. Additionally, two members of Mr. Cooper Group’s Board of Directors will join the Rocket Companies’ Board of Directors."
https://www.sec.gov/Archives/edgar/data/933136/000119312525068946/d890918d425.htm

Varun Krishna is the CEO of Rocket Companies (RKT). After the acquisition Jay Bray will become the CEO of Rocket Mortgage, a wholly owned subsidiary Rocket Companies (RKT). Varun Krishna will remain the CEO of Rocket Companies (RKT).

OH one last and VERY MAIN POINT, WHY IS IT THAT JAY BRAYS ENDS UP AS CEO of COMPANY's THAT BUY HIS COMPANYs that is a real hard one to swallow unless he is the one that has access to the GOOSE THAT LAYS THE GOLDEN EGGS

[jhdf51]

No, I get that but sometimes in business, they want to bring a person in that knows what the hell they’re doing .. nothing better than old ceo….and yeah that’s the thing that I never understood with a AZ always talking about no ratio.

JHD

[garyhalvo]

And let's not forget when bop went to court to prove something that I don't remember and the lawyer was fighting for the hedgers.