Root Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Alex Timm (33 yo)
7.92yrs
Tenure
US$5,784,695
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...
CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2022 | n/a | n/a | -US$340m |
| Jun 30 2022 | n/a | n/a | -US$409m |
| Mar 31 2022 | n/a | n/a | -US$498m |
| 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$282m |
Compensation vs Market: Alex's total compensation ($USD5.78M) is above average for companies of similar size in the US market ($USD729.23K).
Compensation vs Earnings: Alex's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 7.92yrs | US$5.78m | 7.63% $ 6.6m | |
| Co-Founder & Advisor | 7.67yrs | US$3.47m | 0.11% $ 97.7k | |
| Chief Revenue & Operating Officer & Director | 1.42yrs | US$3.88m | 0.44% $ 383.2k | |
| Chairman of the Board & General Counsel | no data | no data | no data | |
| Chief Financial Officer | 0.83yr | no data | no data | |
| Chief Accounting Officer | no data | no data | 0.012% $ 10.3k | |
| Chief Technology Officer | 1yr | no data | 0.011% $ 9.1k | |
| Vice President of Investor Relations | 1.75yrs | no data | no data | |
| Director of External Communications | no data | no data | no data | |
| Chief People & Organizational Effectiveness Officer | 1.67yrs | no data | no data | |
| Chief Impact Officer | no data | no data | no data | |
| Chief Insurance Officer | 1.67yrs | no data | no data |
1.7yrs
Average Tenure
37yo
Average Age
Experienced Management: ROOT's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 7.92yrs | US$5.78m | 7.63% $ 6.6m | |
| Chief Revenue & Operating Officer & Director | 5.92yrs | US$3.88m | 0.44% $ 383.2k | |
| Chairman of the Board & General Counsel | no data | no data | no data | |
| Lead Independent Director | 2.33yrs | US$185.26k | 0.13% $ 112.7k | |
| Independent Director | 2.5yrs | US$77.50k | 0% $ 0 | |
| Independent Director | 2.33yrs | US$129.26k | 0.0051% $ 4.4k | |
| Independent Director | 6.17yrs | US$336.52k | 0.078% $ 67.1k | |
| Independent Director | 2.33yrs | US$119.26k | 0.026% $ 22.4k | |
| Independent Director | 0.92yr | no data | 0.0089% $ 7.7k | |
| Independent Director | 0.58yr | no data | no data |
2.3yrs
Average Tenure
52yo
Average Age
Experienced Board: ROOT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.