Matt Bonakdarpour elevated to President and Chief Technology Officer at Root

Root Insurance announced the promotion of Matt Bonakdarpour to President and Chief Technology Officer.

Bonakdarpour took charge of Root’s tech department following the quick departure of former CTO Anirban Kundu in 2021. The startup originally announced that it will search for a new CTO but Bonakdarpour kept the role.

As CTO, Bonakdarpour leads the Data Science, Analytics, Engineering, IT, InfoSec, State Management, Marketing, and Pricing Actuarial teams at Root. With the new President title, Bonakdarpour will assume a more comprehensive role, guiding the company’s prioritization and initiatives in support of profitability and growth.

“I am honored and excited to step into this role. I’m eager to work alongside Alex on our continued journey of disrupting the insurance world.” – Matt Bonakdarpour.

“Matt has consistently demonstrated strong leadership and strategic thinking beyond the realm of technology. The addition of President to his title is a well-deserved acknowledgment of Matt’s contributions and reflects the broader scope of his role within the company. I am confident that with Matt’s partnership, Root will continue to thrive as we grow and excel in our industry.” – Alex Timm, co-founder and CEO of Root.