Root CTO resigns

Just four months after joining the company, Root Insurance CTO Anirban Kundu has notified the company of his intention to resign effective October 29, 2021, in order to pursue an outside opportunity. Kundu will forfeit the equity awards that were granted to him when joining the company.

Matt Bonakdarpour, Root’s chief data science & analytics officer, will oversee the company’s engineering department while the search for a new CTO begins.

Kundu became Root’s CTO on June 21, 2021, replacing co-founder and CTO Dan Manges. Kundu joined Root most recently from Postmates, where he was the SVP of engineering leading up to Uber’s acquisition of the company. Prior to Postmates, Anirban served as CTO at Evernote where he designed the backend technology and led the evolution of the company’s technology infrastructure. His experience also includes roles at GoDaddy, Yahoo!, IBM, and Shazam.

“I’m so appreciative of all the work Dan has put into the early stages of the company to get us where we are today,” Root CEO Alex Timm said in a press release announcing Dan’s departure. “We’re excited to bring on a team for the next stage of growth. Very few people have had the right technology and product experience to scale a company with our ambitions. We’re confident we’ve found the right team member in Anirban.”