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Matt Bonakdarpour Elevated To President and Chief Technology Officer At Root

Feb 20, 2024over 1 year ago

Position

President

Company

Root

Matt Bonakdarpour
ColumbusInsurance

Description

Root, Inc. announced the promotion of Matt Bonakdarpour to President and Chief Technology Officer (CTO).

Company Information

Company

Root

Location

Columbus, Ohio, United States

About

Root Inc. is disrupting the archaic, trillion-dollar insurance industry. We’re driving the FinTech revolution by creating powerful insurance products and technology platforms that rewrite the rules for today’s world, promoting fairness, simplicity, and personalization. And we’re just getting started.

FundzWatch™ Score

61
Medium Activity

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months