Redfin CEO Glenn Kelman announced he is stepping down from his leadership role, six months after his company was acquired by Rocket Companies (NYSE: RKT).
In a post on LinkedIn, Kelman wrote, “It’s just hard to go because I love Redfin. The billion dollars in commissions we saved our customers have helped hundreds of thousands of families afford a new home. More than any other broker, we’ve been accountable for ensuring it wasn’t just any home, but the right home.”
Kelman stated he planned “to try finding another mission-driven enterprise outside of real estate,” adding that Rocket Companies CEO Varun Krishna would be running Redfin until a successor is named.
“My last day in the office is on January 16,” he added. My job now is letting go, which I’m not good at. I’ll be available through April 1 to support Varun, though mostly I think we’ll text one another pictures of our dogs. We’ll always be friends.”
