"According to Kelman, he made the decision to leave ahead of his firm's second phase of integration with Rocket Companies. We'll start the second, much-longer phase at next week's all-company meeting, which is much-greater scale. Approaching that, I had to decide whether to be at Rocket for years, he wrote. While Redfin was founded in 2004, Kelman came on board shortly thereafter in September of 2005 to serve as CEO."
"Kelman described the merger of the three firms as a chance to redfine homebuying in the consumer's favor. We've been at it for a long time. People under 40 don't believe they have a shot at owning a home, Kelman said. That seems like a fundamental revolution in the American mindset, and I want to spend my professional life working to make that better."
Kelman announced his departure from Redfin ahead of the company's second, larger integration phase with Rocket Companies. He joined Redfin as CEO in September 2005, after the company was founded in 2004. Krishna will run Redfin until a permanent successor is found. Kelman's last in-office day is this Friday, and he will remain available until April 1 to support Krishna and teams at Rocket and Redfin. Kelman said Rocket's resources and Varun's involvement provide new strategic thinking and have enabled faster innovation. He expressed gratitude to customers and supporters. Prior to Redfin, Kelman co-founded Plumtree Software, later acquired by Oracle.
Read at www.housingwire.com
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