Root Adds Tech and E-Commerce Experience to Board with Appointment of Atida CEO
July 05 2022 - 8:00AM
Root, Inc. (NASDAQ: ROOT), a leading technology company powering
insurance solutions and the parent company of Root Insurance,
announced today the appointment of Julie Szudarek, CEO of Atida, to
Root’s board of directors, effective July 1.
Szudarek joins Root’s board with more than 25 years of
experience driving ecommerce and technology-enabled businesses to
reach their full market potential. Before joining Atida, Szudarek
held senior leadership roles at Groupon. In her most recent role,
she ran Groupon’s international division, a $1.5B revenue business
responsible for sustained growth across 12 countries. She led a
team of 1500+ across sales, operations, logistics, and
administration.
Prior to Groupon, Szudarek led strategy, analytics, and revenue
management at Orbitz (acquired by Expedia). Earlier in her career,
she worked in management consulting at Accenture (formerly Andersen
Consulting), helping Fortune 100 companies use technology to
strengthen their business operations.
“Julie’s expertise in helping big tech companies expand their
market reach and strengthen core operations will be pivotal in
Root’s success as we continue to make breakthroughs in the tech
space,” said CEO and Co-Founder, Alex Timm.
Currently, Szudarek is CEO of Atida, one of the largest online
pharmacies in Europe, operating in Germany, France, Italy,
Netherlands, Portugal, and Spain.
“I am thrilled to join the Root board,” Szudarek said. “It’s
refreshing to see a company disrupting an industry that is ripe for
change. I love the transparency and equality that Root is bringing
to its customers.”
Szudarek holds an MBA from the University of Michigan and a B.S
in Finance from Indiana University. She lives in London with her
husband and three children.Szudarek will serve on Root’s Audit,
Risk, and Finance Committee.
About Root Inc.Root, Inc. is the parent company
of Root Insurance Company. Root is a technology company
revolutionizing insurance through data science and technology to
provide consumers a personalized, easy, and fair experience.
Root is headquartered in Columbus, Ohio, with renters insurance
available in Arkansas, Missouri, Ohio, Georgia, Kentucky, Nevada,
Tennessee, and Utah, and auto insurance currently available to
drivers in Alabama, Arizona, Arkansas, California, Colorado,
Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa,
Kansas, Kentucky, Louisiana, Maryland, Mississippi, Missouri,
Montana, Nebraska, New Mexico, Nevada, North Dakota, Ohio,
Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas,
Utah, Virginia, West Virginia, and Wisconsin. auto insurance is
underwritten by Root Property and Casualty Insurance Company.
Media Contactpress@joinroot.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/93f76cc0-e0ab-4f86-a21d-c4ea4ae3b34b
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