Hippo Holdings Management
Management criteria checks 4/4
Hippo Holdings' CEO is Rick McCathron, appointed in Feb 2017, has a tenure of 7.25 years. total yearly compensation is $2.66M, comprised of 24.2% salary and 75.8% bonuses, including company stock and options. directly owns 0.75% of the company’s shares, worth $3.40M. The average tenure of the management team and the board of directors is 2.9 years and 5.6 years respectively.
Key information
Rick McCathron
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 24.2% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.9yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
Hippo Holdings: A Differentiated Approach That Doesn't Showcase Profitability
Aug 18Hippo Holdings: A Questionable Work In Progress
Dec 07Hippo falls 4% afterhours on board approval for 1-for-25 reverse stock split
Sep 19Hippo cuts workforce by 10%, Ran Harpaz, COO and CTO departs
Sep 01Hippo plans to complete a reverse stock split
Jul 20Hippo: The Long Run Is Getting Shorter
Mar 07Hippo: The Story Sounds Convincing
Oct 21Hippo: My Oh My, What A Buy
Aug 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$239m |
| Dec 31 2023 | US$3m | US$645k | -US$273m |
| Sep 30 2023 | n/a | n/a | -US$294m |
| Jun 30 2023 | n/a | n/a | -US$370m |
| Mar 31 2023 | n/a | n/a | -US$336m |
| Dec 31 2022 | US$7m | US$569k | -US$333m |
| Sep 30 2022 | n/a | n/a | -US$331m |
| Jun 30 2022 | n/a | n/a | -US$233m |
| Mar 31 2022 | n/a | n/a | -US$244m |
| Dec 31 2021 | US$3m | US$383k | -US$371m |
| Sep 30 2021 | n/a | n/a | -US$365m |
| Jun 30 2021 | n/a | n/a | -US$373m |
| Mar 31 2021 | n/a | n/a | -US$313m |
| Dec 31 2020 | US$2m | US$300k | -US$141m |
Compensation vs Market: Rick's total compensation ($USD2.66M) is about average for companies of similar size in the US market ($USD2.43M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick McCathron (51 yo)
7.3yrs
Tenure
US$2,660,000
Compensation
Mr. Richard Lyn McCathron, also known as Rick, is Chief Executive Officer of Hippo Holdings Inc. from June 2022. He has been the President and Director of Hippo Holdings Inc. (formerly known as Hippo Enter...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairperson of the Board | 8.6yrs | no data | 5.3% $ 24.0m | |
| President | 7.3yrs | US$2.66m | 0.75% $ 3.4m | |
| CFO & Treasurer | 5.3yrs | US$2.59m | 0.72% $ 3.3m | |
| Chief Revenue Officer | 3.6yrs | US$1.13m | 0.21% $ 962.7k | |
| Chief Accounting Officer | 2.7yrs | no data | 0.19% $ 879.9k | |
| Chief Technology Officer | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Chief Human Resources Officer | 1.6yrs | no data | no data | |
| Chief Insurance Strategy Officer | 2.9yrs | no data | no data | |
| GM of Managing General Agent & Chief Underwriting Officer | 2.9yrs | no data | 0.10% $ 469.1k | |
| Chief Risk Officer | 2.9yrs | no data | no data | |
| Chief Security Information Officer | 3yrs | no data | no data |
2.9yrs
Average Tenure
48yo
Average Age
Experienced Management: HIPO's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairperson of the Board | 8.6yrs | no data | 5.3% $ 24.0m | |
| President | 7.3yrs | US$2.66m | 0.75% $ 3.4m | |
| Independent Director | 6.1yrs | US$162.39k | 0.20% $ 885.5k | |
| Lead Independent Director | 3.7yrs | US$198.89k | 0.038% $ 174.0k | |
| Independent Director | 1.8yrs | US$168.39k | 0.22% $ 1.0m | |
| Independent Director | 3yrs | US$159.89k | 0.019% $ 87.2k | |
| Independent Director | 6.4yrs | US$166.89k | 0.019% $ 87.2k | |
| Independent Director | 5.6yrs | US$158.39k | 0.040% $ 179.9k | |
| Independent Director | less than a year | US$102.42k | no data |
5.6yrs
Average Tenure
53yo
Average Age
Experienced Board: HIPO's board of directors are considered experienced (5.6 years average tenure).