Root promotes Megan Binkley to CFO, Jon Allison to CAO; hires Jason Shapiro for business development

Root, Inc.

Megan Binkley named CFO effective May 12, 2023; previously interim CFO since March 1, 2023.
Binkley's annual base salary increased to $425,000; target annual incentive of 75% of base salary.
Jon Allison promoted to CAO; will oversee legal, HR, claims, and customer service.
Jason Shapiro joins as SVP of Business Development from ForeverCar (president) to expand embedded platform.
All promotions and hires are effective immediately; Binkley also continues as principal accounting officer.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Megan Binkley

Chief Financial Officer and Treasurer

ROOT · Root, Inc.

Effective: 2023-05-12
Filed: May 15, 2023, 7:59 PM ET

On May 12, 2023, Megan Binkley, 39, was appointed Chief Financial Officer and Treasurer of Root, Inc. (the “Company”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Megan Binkley was appointed as Chief Financial Officer and Treasurer at Root, Inc..

Action: appointed
Role: Chief Financial Officer and Treasurer

Exact text from the filing

On May 12, 2023, Megan Binkley, 39, was appointed Chief Financial Officer and Treasurer of Root, Inc. (the “Company”).

View on SEC.gov

Root, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-018219

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.