Matt Bonakdarpour

Matt Bonakdarpour is a technology and data science executive who currently serves as the President and Chief Technology Officer (CTO) at Root Inc., an insurance company based in Columbus, Ohio.15 His career trajectory showcases a blend of academic expertise and industry experience in technology, data science, and finance.

Career Highlights

Bonakdarpour was recently promoted to the position of President at Root Inc. in February 2024, making him the company's first president while retaining his role as CTO.24 Prior to this promotion, he held several leadership positions within Root Inc., including:

• Chief Technology Officer (February 2022 - Present)
• Chief Data Science and Analytics Officer (June 2021 - February 2022)
• VP, Data Science (October 2018 - June 2021)1

Academic Background

Bonakdarpour's educational background is impressive:

• PhD in Statistics from The University of Chicago (2014 - 2019)
• BS in Computer Science and Mathematics from Carnegie Mellon University (2005 - 2009)1

During his academic career, he also served as a Visiting Scholar at Yale University and a Research Assistant at The University of Chicago, focusing on statistical machine learning research.1

Industry Experience

Before joining Root Inc., Bonakdarpour gained valuable experience in the finance sector:

• Quantitative Researcher at Citadel LLC (July 2009 - April 2014), where he worked on high-frequency trading in global equities and statistical arbitrage in fixed income, currencies, and commodities (FICC)1

Recognition

Bonakdarpour's expertise in technology and insurance has been recognized in the industry. In October 2023, he was named one of the Top 10 CTOs in the insurance industry by InsurTech Digital.3

At Root Inc., Bonakdarpour has been instrumental in driving technological innovation and data science initiatives. His promotion to President & CTO reflects the company's confidence in his leadership and vision for the future of insurance technology.4