Root CEO Alexander Timm's 2020 pay jumps 253% to $3.9M
Root reports 2020 executive compensation
By ExecPay News
Published: April 29, 2021
Root reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, three Root executives received on average a compensation package of $2.7M, a 325% increase compared to previous year.
Average pay of disclosed executives at Root
Alexander Timm, Chief Executive Officer, received $3.9M in total, which increased by 253% compared to 2019.
Daniel Manges, Chief Technology Officer, received a compensation package of $2.4M, which increased by 451% compared to previous year. 77% of the compensation package, or $1.8M, was in other compensation.
Daniel Rosenthal, Chief Financial Officer, earned $1.9M in 2020, a 386% increase compared to previous year.
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Source: SEC filing on April 29, 2021.