ROOT · Root, Inc. · Executive Compensation
$46.26
+0.05 (+0.11%)
At close · Oct 2
Return incl. dividend (before tax)
Market Cap
$734.38M
Shares
15.49M
Volume · Oct 2
157.88K
Avg daily vol (3M)
233.94K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Alexander Timm | Chief Executive Officer | $8,163,348 |
| Mahtiyar Bonakdarpour | President & Chief Technology Officer | $5,085,676 |
| Jonathan Allison | Chief Administrative Officer | $3,710,656 |
| Megan Binkley | Chief Financial Officer | $3,682,861 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Alexander Timm | Chief Executive Officer | $10,653,120 |
| Mahtiyar Bonakdarpour | President & Chief Technology Officer | $7,199,042 |
| Jonathan Allison | Chief Administrative Officer | $4,801,156 |
| Megan Binkley | Chief Financial Officer | $4,331,963 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Alexander Timm | Chief Executive Officer | $8,687,806 |
| Mahtiyar Bonakdarpour | President & Chief Technology Officer | $4,188,212 |
| Jonathan Allison | Chief Administrative Officer | $3,253,524 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Mahtiyar Bonakdarpour | President & Chief Technology Officer | $9,656,228 |
| Daniel Rosenthal | Former Chief Revenue and Operations Officer and Chief Financial Officer Hemal Shah Former Chief Product Officer | $9,051,354 |
| Alexander Timm | Chief Executive Officer | $5,126,730 |
| Robert Bateman | Former Chief Financial Officer | $1,541,331 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Alexander Timm | Chief Executive Officer | $5,784,695 |
| Daniel Rosenthal | Former Chief Revenue and Operations Officer and Chief Financial Officer Hemal Shah Former Chief Product Officer | $3,877,972 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Alexander Timm | Chief Executive Officer | $3,856,128 |
| Daniel Manges | — | $2,367,485 |
| Daniel Rosenthal | Former Chief Revenue and Operations Officer and Chief Financial Officer Hemal Shah Former Chief Product Officer | $1,939,401 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Daniel Rosenthal | Chief Revenue and Operations Officer and Former Chief Financial Officer Hemal Shah Former Chief Product Officer | $1,905,873 |
| Alexander Timm | Chief Executive Officer | $1,093,333 |
| Chief Technology | Officer | $430,000 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Ryan Forish | Chief Accounting Officer | Appointed | 2024-04-16 |
| Donna Dorsey | Class I director | Appointed | 2023-10-26 |
| Jon Allison | Chief Administrative Officer | Appointed | 2023-05-15 |
| Megan Binkley | Chief Financial Officer and Treasurer | Appointed | 2023-05-15 |
| Robert Bateman | Chief Financial Officer and Treasurer | Terminated | 2023-03-01 |
| Megan Binkley | interim Chief Financial Officer and Treasurer | Appointed | 2023-03-01 |
| Nick Shalek | Board of Directors | Resigned | 2022-11-23 |