Glenn Kelman announced on January 13, 2026, that he is stepping down as CEO of Redfin after leading the company for 20 years.

His departure follows the $1.75 billion acquisition of Redfin by Rocket Companies, which was finalized in July 2025.

Key Details of the Departure

Effective Date: Kelman’s last official day in the office is Friday, January 16, 2026.
Interim Leadership: Varun Krishna, the current CEO of Rocket Companies, will serve as Redfin’s interim CEO while the search for a permanent successor takes place.
Advisory Role: Kelman will remain available in an advisory capacity through April 1, 2026, to support the transition.
Next Steps: Kelman stated that he made the decision to leave and intends to pursue a “mission-driven enterprise” outside of the real estate industry.

Context of the Transition

The move marks the end of a two-decade era for the Seattle-based brokerage, which Kelman joined in 2005 shortly after its founding. In his farewell message, Kelman noted that Redfin has completed its first phase of integration with Rocket and is now moving into a “much-longer phase” of operating at a greater scale as part of the Rocket ecosystem. Under the new ownership, the platform has begun operating under the brand identity “Redfin Powered by Rocket”