ROOT, INC. Executive Salary: Named Executive Officers
Pay of every named executive officer (the CEO, the CFO and the other most highly paid executives) from the Summary Compensation Table in each year's proxy statement (DEF 14A), as filed. Stock and option awards are grant-date fair values. Each fiscal year is shown from the latest proxy that reported it.
- 2025: Executive Alexander Timm; Role Chief Executive Officer; Total compensation $8.16M.
- 2025: Executive Mahtiyar Bonakdarpour; Role President & Chief Technology Officer; Total compensation $5.09M.
- 2025: Executive Jonathan Allison; Role Chief Administrative Officer; Total compensation $3.71M.
- 2025: Executive Megan Binkley; Role Chief Financial Officer; Total compensation $3.68M.
| Fiscal year | Executive | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and other | Total |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | Alexander Timm | Chief Executive Officer | $750.00K | $5.50M | $1.69M | All other $225.97K | $8.16M | ||
| 2025 | Mahtiyar Bonakdarpour | President & Chief Technology Officer | $550.00K | $3.70M | $825.00K | All other $10.69K | $5.09M | ||
| 2025 | Jonathan Allison | Chief Administrative Officer | $520.00K | $2.40M | $780.00K | All other $10.69K | $3.71M | ||
| 2025 | Megan Binkley | Chief Financial Officer | $484.70K | $2.62M | $562.50K | All other $10.69K | $3.68M | ||
| 2024 | Alexander Timm | Chief Executive Officer | $750.00K | $6.50M | $3.38M | All other $23.53K | $10.65M | ||
| 2024 | Mahtiyar Bonakdarpour | President & Chief Technology Officer | $541.35K | $5.00M | $1.65M | All other $5.76K | $7.20M | ||
| 2024 | Jonathan Allison | Chief Administrative Officer | $514.62K | $2.70M | $1.56M | All other $22.61K | $4.80M | ||
| 2024 | Megan Binkley | Chief Financial Officer | $449.85K | $2.84M | $1.03M | All other $10.43K | $4.33M | ||
| 2023 | Alexander Timm | Chief Executive Officer | $750.00K | $2.60M | $2.12M | $3.21M | All other $10.09K | $8.69M | |
| 2023 | Mahtiyar Bonakdarpour | President & Chief Technology Officer | $500.00K | $1.27M | $1.50M | $900.00K | All other $10.09K | $4.19M | |
| 2023 | Jonathan Allison | Chief Administrative Officer | $488.85K | $600.00K | $703.59K | $1.43M | All other $36.09K | $3.25M | |
| 2022 | Mahtiyar Bonakdarpour | President & Chief Technology Officer | $500.00K | $500.00K | $8.05M | $594.00K | All other $9.34K | $9.66M | |
| 2022 | Daniel Rosenthal | Former Chief Revenue and Operations Officer and Chief Financial Officer | $500.00K | $5.48M | $2.31M | $750.00K | All other $9.34K | $9.05M | |
| 2022 | Alexander Timm | Chief Executive Officer | $750.00K | $2.12M | $2.25M | All other $9.34K | $5.13M | ||
| 2022 | Robert Bateman | Former Chief Financial Officer | $346.15K | $1.18M | All other $19.06K | $1.54M | |||
| 2022 | Hemal Shah | Former Chief Product Officer | $92.31K | All other $9.20K | $101.51K | ||||
| 2021 | Anirban Kundu | Former Chief Technology Officer | $182.69K | $23.08M | All other $4.11K | $23.27M | |||
| 2021 | Hemal Shah | Former Chief Product Officer | $373.49K | $1.00M | $7.06M | $220.00K | All other $8.85K | $8.67M | |
| 2021 | Alexander Timm | Chief Executive Officer | $709.62K | $5.07M | All other $8.85K | $5.78M | |||
| 2021 | Daniel Rosenthal | Former Chief Revenue and Operations Officer and Chief Financial Officer | $478.85K | $2.92M | $468.75K | All other $8.85K | $3.88M | ||
| 2021 | Daniel Manges | Former Chief Technology Officer | $240.38K | $2.92M | All other $68.76K | $3.23M | |||
| 2020 | Alexander Timm | Chief Executive Officer | $600.00K | $541.48K | All other $2.71M | $3.86M | |||
| 2020 | Daniel Manges | Former Chief Technology Officer | $375.00K | $179.87K | All other $1.81M | $2.37M | |||
| 2020 | Daniel Rosenthal | Former Chief Revenue and Operations Officer and Chief Financial Officer | $475.00K | $687.70K | All other $776.70K | $1.94M | |||
| 2019 | Daniel Rosenthal | Chief Revenue and Operations Officer and Former Chief Financial Officer | $168.75K | $1.51M | $230.14K | $1.91M | |||
| 2019 | Alexander Timm | Chief Executive Officer | $298.33K | $795.00K | $1.09M | ||||
| 2019 | Daniel Manges | Former Chief Technology Officer | $250.00K | $180.00K | $430.00K |