Rocket Companies Hires AI Innovator Shawn Malhotra as Chief Technology Officer
Malhotra is a proven technology leader with decades of experience in engineering, product development and AI strategy for tech and media companies, including
In this role, Malhotra will oversee the development and implementation of technology across the entire
"Shawn brings a wealth of expertise and a transformative vision to our technology teams. As we double down on our commitment to technology innovation, Shawn will help us focus on delivering groundbreaking solutions to our clients, partners and team members," said
Previously, Malhotra held a variety of technology leadership roles at Thomson Reuters (NYSE: TRI). Most recently, he was the Head of Engineering and Product Development for the entire company. Under Malhotra's oversight, Thomson Reuters established a platform to accelerate development of generative AI solutions, while introducing an industry-leading AI assistant spanning all Thomson Reuters products. Previously, Malhotra served as the CTO of Thomson Reuters' Corporate Technology business unit. When he joined the company in 2017, he was instrumental in founding Thomson Reuters' Toronto Technology Centre, prioritizing AI talent and expanding
"I am looking forward to being part of this pivotal time in
Before his time at Thomson Reuters, Malhotra spent 12 years at Intel – including his time at Altera before the company was acquired by Intel. He led Intel's Toronto Technology Centre, which housed 200 software engineers, and was the Director of Software Development. Malhotra started his career as a software developer for Qualcomm.
Malhotra joins the company at a key time for Rocket. Just last month,
Malhotra earned a Bachelor of Applied Science degree in Computer Engineering at the
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Founded in 1985,
The Company helps clients achieve the goal of home ownership and financial freedom through industry-leading client experiences powered by its simple, fast and trusted digital solutions.
For more information, please visit the Company's Corporate website or Investor Relations website.
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