Key facts
- Rocket Companies appointed Sarah Watterson as an independent director.
- Watterson's addition expands the board to 10 members.
- She brings experience in capital markets and real estate.
- Watterson previously led the development of the Brightline West rail project.
- She also held a managing director role at Fortress Investment Group.
Rocket Companies announced the appointment of Sarah Watterson as an independent director, increasing its board size to 10 members. Watterson currently serves as president of 3 Star Sports & Entertainment LLC, a platform focused on sports, media, and real estate ventures. She also has experience as special adviser and former president of Brightline West, a high-speed rail project connecting Southern California and Las Vegas.
Watterson's career includes roles at Goldman Sachs, where she focused on publicly traded investments, and as a managing director at Fortress Investment Group, overseeing businesses in financial services, hospitality, real estate, transportation, and lending. Rocket founder and chairman Dan Gilbert highlighted Watterson's capital markets expertise as a valuable asset for the company's continued growth and innovation in the homeownership experience.
The appointment follows Rocket Companies' recent acquisitions of Redfin and Mr. Cooper, a partnership with Compass International Holdings, and investments in AI and data. Watterson expressed her enthusiasm for joining the board at a significant time for the company's expansion.