shocking mismanagement of capital - Anonymous employee Root Inc. Employee Review
2.0
Mar 21, 2022
Anonymous employee
Former employee
Recommend
CEO approval
Business Outlook
Pros
They are in a big industry with a lot of room to innovate.
Cons
They laid off ~20% of staff and then issued a $5M cash bonus to Dan Rosenthal for his "promotion" (according to public filing) from CFO to COO. The "promotion" came after Dan led the company through a public offering that was poorly executed - as reflected in the stock price. This leads to huge concerns as to the sophistication of the executive team's judgment and morals.
Root Inc. Response
4y
Fairness has been a key pillar here at Root since the beginning. We appreciate your feedback and your contributions during your time with us.
Has been the best employee I've had throughout my career, and by far the best insurance company. They are transparent, they care about employees, and if you do your job there are opportunities for growth all over the place.
Cons
Can't think of a negative thing to say so far
Root Inc. Response
2mo
We're delighted to hear how positive your experience has been at Root. Thanks for leaving a review.