Root appoints Robert Bateman as CFO effective April 11, 2022; replaces Dan Rosenthal

Root, Inc.

Robert Bateman, former President and CFO of Ategrity Specialty Insurance, named CFO.
Base salary of $500,000; target bonus 100% of salary with $500,000 minimum for 2022.
One-time RSU grant of $1,200,000 vesting over two years; 2023 LTI target $1,800,000.
Dan Rosenthal, previous CFO, fully transitions to Chief Revenue and Operating Officer.
Bateman brings over 20 years of insurance finance experience from Infinity, COUNTRY Financial, Hartford.

item 5.02 item 8.01 item 9.01

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Appointed

Robert Bateman

Chief Financial Officer

ROOT · Root, Inc.

Effective: 2022-04-11
Filed: March 23, 2022, 7:59 PM ET

On March 22, 2022, Root, Inc. (the “Company”) announced the appointment of Robert Bateman to serve as its Chief Financial Officer effective April 11, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Bateman was appointed as Chief Financial Officer at Root, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On March 22, 2022, Root, Inc. (the “Company”) announced the appointment of Robert Bateman to serve as its Chief Financial Officer effective April 11, 2022.

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Source: SEC EDGAR

accession 0001788882-22-000013

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