Root Management
Management criteria checks 2/4
Root's CEO is Alex Timm, appointed in Mar 2015, has a tenure of 9.08 years. total yearly compensation is $5.13M, comprised of 14.6% salary and 85.4% bonuses, including company stock and options. directly owns 7.74% of the company’s shares, worth $70.29M. The average tenure of the management team and the board of directors is 1.2 years and 3.5 years respectively.
Key information
Alex Timm
Chief executive officer
US$5.1m
Total compensation
| CEO salary percentage | 14.6% |
| CEO tenure | 9.1yrs |
| CEO ownership | 7.7% |
| Management average tenure | 1.2yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Small Cap Nuance With Courage & Conviction Investing
Mar 04Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Feb 25
Root, Inc. Q4 Earnings: Current Price Requires Exceptional Growth
Feb 23Investors Holding Back On Root, Inc. (NASDAQ:ROOT)
Jan 15Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts
Aug 10Root Insurance: Spiral Of Death But There Is Hope
Aug 16Root Q2 2022 Earnings Preview
Aug 05Root partners with 2 national football league teams, 1 major league baseball team
Jul 12Root: Shares Up 53% Last Week And Still Trading Below Cash - But Avoid
Mar 21Root Seeks Major Cost Reductions To Stanch High Losses
Jan 25Root: 85% Down From IPO After Q3 Results, But Still Too Speculative
Nov 24As Earnings Approach, A Buy-Write In Root Could Produce 12% Return In Under A Month
Oct 28Root: Major Reversals In Growth And Loss Ratio In Q2 Results
Aug 12Root: An Insurtech Company Priced Like A Legacy Insurer
May 26Root Q1 2021 Earnings Preview
May 04Need To Know: Analysts Are Much More Bullish On Root, Inc. (NASDAQ:ROOT) Revenues
Mar 02Analysts Have Made A Financial Statement On Root, Inc.'s (NASDAQ:ROOT) Annual Report
Mar 01What Percentage Of Root, Inc. (NASDAQ:ROOT) Shares Do Insiders Own?
Jan 29
Root: An Overpriced Insurance Company At Its Root
Jan 11Root EPS misses by $1.79, misses on revenue
Dec 01Wells Fargo initiates auto insure-tech Root at Overweight
Nov 23Root's IPO: Facing Challenges Revitalizing Insurance Sector
Nov 02Root: Interesting Innovative Insurance Business
Oct 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$147m |
| Sep 30 2023 | n/a | n/a | -US$182m |
| Jun 30 2023 | n/a | n/a | -US$202m |
| Mar 31 2023 | n/a | n/a | -US$261m |
| Dec 31 2022 | US$5m | US$750k | -US$298m |
| Sep 30 2022 | n/a | n/a | -US$349m |
| Jun 30 2022 | n/a | n/a | -US$416m |
| Mar 31 2022 | n/a | n/a | -US$499m |
| Dec 31 2021 | US$6m | US$710k | -US$521m |
| Sep 30 2021 | n/a | n/a | -US$544m |
| Jun 30 2021 | n/a | n/a | -US$497m |
| Mar 31 2021 | n/a | n/a | -US$357m |
| Dec 31 2020 | US$4m | US$600k | -US$363m |
| Sep 30 2020 | n/a | n/a | -US$315m |
| Jun 30 2020 | n/a | n/a | -US$330m |
| Mar 31 2020 | n/a | n/a | -US$339m |
| Dec 31 2019 | US$1m | US$298k | -US$282m |
Compensation vs Market: Alex's total compensation ($USD5.13M) is above average for companies of similar size in the US market ($USD3.44M).
Compensation vs Earnings: Alex's compensation has been consistent with company performance over the past year.
CEO
Alex Timm (33 yo)
9.1yrs
Tenure
US$5,126,730
Compensation
Mr. Alexander Edward Timm, also known as Alex, is Co-Founder of Root, Inc. in March 2015 and has been its Chief Executive Officer & Director since March 2015. Mr. Timm is an Independent Director at GoHealt...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 9.1yrs | US$5.13m | 7.74% $ 70.3m | |
| President & CTO | 2.2yrs | US$9.66m | 2.01% $ 18.3m | |
| Chief Financial Officer | 1.1yrs | no data | 0.11% $ 973.7k | |
| Chief Accounting Officer | no data | no data | 0.12% $ 1.1m | |
| Chief Administrative Officer | less than a year | no data | 0.49% $ 4.5m | |
| Head of Investor Relations | less than a year | no data | no data | |
| Chief Communications Officer | 1.2yrs | no data | no data | |
| Vice President of Product & Marketing | 1.3yrs | no data | no data | |
| Chief Information Security Officer | 1.3yrs | no data | no data | |
| Chief Claims & Customer Service Officer | 1.3yrs | no data | no data | |
| Senior Vice President of Business Development | less than a year | no data | no data | |
| VP & Secretary | no data | no data | no data |
1.2yrs
Average Tenure
38yo
Average Age
Experienced Management: ROOT's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 9.1yrs | US$5.13m | 7.74% $ 70.3m | |
| Lead Independent Director | 3.5yrs | US$291.88k | 0.25% $ 2.2m | |
| Independent Director | 3.7yrs | US$241.08k | 0.044% $ 401.0k | |
| Independent Director | 3.5yrs | US$235.42k | 0.054% $ 495.0k | |
| Independent Director | 7.3yrs | US$229.93k | 0.12% $ 1.1m | |
| Independent Director | 2.1yrs | US$250.74k | 0.053% $ 479.5k | |
| Independent Director | 1.8yrs | US$176.68k | 0.048% $ 432.8k | |
| Director | less than a year | no data | no data |
3.5yrs
Average Tenure
50yo
Average Age
Experienced Board: ROOT's board of directors are considered experienced (3.5 years average tenure).