The company named former Apple Inc executive Jon Rubinstein, PricewaterhouseCoopers partner Paula Loop and former World Bank president Robert Zoellick as independent directors.
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.