Robinhood adds three new board members ahead of planned listing

Stock Markets5 minutes ago (Jun 01, 2021 12:00PM ET)

(C) Reuters. FILE PHOTO: The welcome screen for the Robinhood App is displayed on a screen in this photo illustration January 29, 2021. REUTERS/Brendan McDermid/Illustration/File Photo

(Reuters) – Robinhood Markets Inc has appointed three new directors to its board ahead of its planned stock market listing, the online brokerage said in a blog post on Tuesday.

The company named former Apple Inc (NASDAQ:AAPL) executive Jon Rubinstein, PricewaterhouseCoopers partner Paula Loop and former World Bank president Robert Zoellick as independent directors. (https://

Rubinstein, a senior advisor at hedge fund PDT, will serve as the lead independent director on Robinhood’s board.

While Rubinstein and Zoellick will join the board immediately, Loop’s appointment will become effective on June 17, the company said.

Menlo Park, California-based Robinhood, which was at the heart of the retail trading frenzy earlier this year, confidentially submitted paperwork to regulators for a U.S. initial public offering in March.

Robinhood adds three new board members ahead of planned listing

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Related Stories


Popular Categories