Embroker Leadership Change for 2023 |
Message from the Embroker Board of Directors
At the end of January, Embroker founder Matt Miller will step down from his role as CEO. The company has launched a search with a top executive recruiting firm to find the next CEO for Embroker.
After taking time off for health reasons, Matt has made the difficult decision to step down from his day-to-day executive role at the company. His passion for Embroker and the business is unwavering and he will continue to be involved as a member of the Board.
“I cannot express enough how honored it was to build and lead Embroker,” said founder Matt Miller. “I am extremely proud of the incredible team we have built and all that we have achieved over the past seven years. I am confident that we will continue to move forward.”
While Matt was on vacation, Embroker, in consultation with the board of directors, set up the CEO’s office to manage the company. The CEO office of CRO, CFO and General Counsel continues to thrive as it grows its digital platform and radically simplifies the acquisition of business insurance. Continue doing this during your search and initial migration.
The impact on Matt’s business is immeasurable. The entire Embroker board, management team and team thank him for his leadership and continued contributions.
Brendan Dickinson, investor and board member, said: “Without Matt, there would be no Enbroker. He was a true innovator from the early days of InsurTech to its growth into a multi-billion dollar market. His Strategy I look forward to continuing to execute against him and realizing his and the company’s vision.”
Since founding the company in 2015, Matt has led Embroker to become a category-defining leader in its field. Under his leadership, Embroker has raised over $140 million in funding, making him one of the fastest growing private companies in the United States and one of the best places to work in San Francisco. It has been recognized many times as one.
“Matt’s leadership and deep expertise have been critical to Embroker’s growth trajectory and positioning the company for long-term success. We look forward to welcoming a new CEO with proven strengths and innovative ideas to help guide us through the stages,” added Mike. Botryzanski, fellow investor and board member;
As we begin writing the next chapter of Embroker’s story, the company is well positioned to continue its strategy and deliver on its plans for 2023 and beyond. This includes new platform and product development, technological advancements and more custom vertical solutions. The Board and management team are also working to ensure a smooth transition with Embroker’s key investors, advisors, customers, partners and vendors.