Hippo Holdings Management
Management criteria checks 4/4
Hippo Holdings' CEO is Rick McCathron, appointed in Feb 2017, has a tenure of 7.75 years. total yearly compensation is $2.66M, comprised of 24.2% salary and 75.8% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth $7.73M. The average tenure of the management team and the board of directors is 3.4 years and 6.1 years respectively.
Key information
Rick McCathron
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 24.2% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.9% |
| Management average tenure | 3.4yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Hippo Holdings Inc. (NYSE:HIPO) Looks Just Right With A 28% Price Jump
Nov 01
Investors Appear Satisfied With Hippo Holdings Inc.'s (NYSE:HIPO) Prospects As Shares Rocket 26%
Jul 20Hippo 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 |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$127m |
| Jun 30 2024 | n/a | n/a | -US$172m |
| 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 ($USD3.19M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick McCathron (52 yo)
7.8yrs
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 is Executive VP & Director at Wingsail Insurance Company. He has been the President and D...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairperson of the Board | 9.1yrs | no data | 5.01% $ 41.5m | |
| President | 7.8yrs | US$2.66m | 0.93% $ 7.7m | |
| Chief Financial & Strategy Officer and Treasurer | 5.8yrs | US$2.59m | 0.94% $ 7.8m | |
| Executive Officer | less than a year | US$1.13m | 0.15% $ 1.3m | |
| Chief Accounting Officer | 3.2yrs | no data | 0.22% $ 1.8m | |
| Chief Technology Officer | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Chief Human Resources Officer | 2.1yrs | no data | no data | |
| Chief Insurance Strategy Officer | 3.4yrs | no data | no data | |
| GM of Managing General Agent & Chief Underwriting Officer | 3.4yrs | no data | 0.10% $ 860.5k | |
| Chief Risk Officer | 3.4yrs | no data | no data | |
| Chief Security Information Officer | 3.5yrs | no data | no data |
3.4yrs
Average Tenure
49yo
Average Age
Experienced Management: HIPO's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairperson of the Board | 9.1yrs | no data | 5.01% $ 41.5m | |
| President | 7.8yrs | US$2.66m | 0.93% $ 7.7m | |
| Independent Director | 6.6yrs | US$162.39k | 0.22% $ 1.8m | |
| Lead Independent Director | 4.2yrs | US$198.89k | 0.066% $ 542.7k | |
| Independent Director | 2.3yrs | US$168.39k | 0.25% $ 2.1m | |
| Independent Director | 3.5yrs | US$159.89k | 0.046% $ 383.5k | |
| Independent Director | 6.9yrs | US$166.89k | 0.056% $ 467.1k | |
| Independent Director | 6.1yrs | US$158.39k | 0.067% $ 553.6k | |
| Independent Director | 1.3yrs | US$102.42k | 0.023% $ 189.2k |
6.1yrs
Average Tenure
54yo
Average Age
Experienced Board: HIPO's board of directors are considered experienced (6.1 years average tenure).