---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-168314"
form_type: "8-K"
ticker: "HIPO"
cik: "0001828105"
company_name: "Hippo Holdings Inc."
filed_at: "2022-06-06T23:59:59+00:00"
generated_at: "2026-06-25T04:27:29.673455+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hippo Appoints Richard McCathron as CEO; Founder Assaf Wand Becomes Executive Chairman

## Summary
- Richard McCathron appointed CEO effective June 6, 2022; previously President since 2017.
- Founder Assaf Wand becomes Executive Chairman to focus on long-term strategic initiatives.
- Wand's annual salary reduced from $600,000 to $250,000; McCathron's compensation unchanged.
- McCathron brings extensive insurance leadership including roles at First Connect, Superior Access, and Mercury Insurance.

## SEC filing metadata
- accession: 0001193125-22-168314
- form_type: 8-K
- ticker: HIPO
- cik: 0001828105
- company_name: Hippo Holdings Inc.
- filed_at: 2022-06-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828105/000119312522168314/0001193125-22-168314-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828105/000119312522168314/d258468d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-168314
- JSON: https://secwatch.observer/filing/0001193125-22-168314.json
- Plain text: https://secwatch.observer/filing/0001193125-22-168314.txt

## Key facts
- Executive change
  Assaf Wand was appointed as Executive Chairman of the Board at Hippo Holdings Inc..
  - Action: appointed
  - Role: Executive Chairman of the Board
  source text: On June 3, 2022, the board of directors (the “Board”) of Hippo Holdings Inc. (the “Company”) appointed Richard McCathron as the Company’s Chief Executive Officer, to succeed Assaf Wand upon Mr. Wand’s appointment as the Company’s Executive Chairman of the Board, each effective as of June 6, 2022 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828105/000119312522168314/0001193125-22-168314-index.htm
- Executive change
  Richard McCathron was appointed as Chief Executive Officer at Hippo Holdings Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On June 3, 2022, the board of directors (the “Board”) of Hippo Holdings Inc. (the “Company”) appointed Richard McCathron as the Company’s Chief Executive Officer, to succeed Assaf Wand upon Mr. Wand’s appointment as the Company’s Executive Chairman of the Board, each effective as of June 6, 2022 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828105/000119312522168314/0001193125-22-168314-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.