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Rocket Companies (NYSE: RKT) has appointed Alex Rampell as an independent director to its board of directors.

Rampell currently serves as general partner at Andreessen Horowitz, focusing on fintech investments. He also cofounded TrialPay, a transactional advertising and payments company serving some of the world’s largest digital goods and e-commerce clients, which was acquired by Visa in 2015. Most recently, Rampell has been an advocate of the responsible use of artificial intelligence (AI), focusing on its potential within the financial services space.

“Alex possesses a rare and remarkable perspective on the intersection of technology, finance and emerging trends. For nearly three decades, he has been creating tech products that simplify the payments and financial processes for a number of large companies,” said Dan Gilbert, founder and chairman of Detroit-based Rocket Companies. “One of the world’s leading experts on artificial intelligence, he is also a highly sought-after consultant for many successful businesses. As Alex joins our Board, I look forward to his insight and having his influence on our business as we continue pursuing our mission of AI-powered homeownership.”

“The impact that Rocket can have for North Americans who are working toward their dream of homeownership is monumental,” said Rampell. “I’m looking forward to working closely with leadership and the board to learn even more about how we can make Rocket the leader in using AI to simplify the process of buying, selling and financing homes.”

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