---
schema_version: "secwatch.filing_event.v1"
accession: "0001840776-23-000003"
form_type: "8-K"
ticker: "HGTY"
cik: "0001840776"
company_name: "Hagerty, Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T18:55:26.817298+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hagerty appoints Randall Harbert to board, replacing State Farm's Michael Tipsord as designee

## Summary
- Randall Harbert, former State Farm Chief Agency, Sales and Marketing Officer, joins board effective March 1, 2023.
- Michael Tipsord steps down as State Farm designee; board accelerates vesting of 8,341 RSUs to March 1.
- Harbert will serve on Audit Committee effective March 15, 2023.
- Press release notes anticipated launch of State Farm Classic+ program later in 2023.

## SEC filing metadata
- accession: 0001840776-23-000003
- form_type: 8-K
- ticker: HGTY
- cik: 0001840776
- company_name: Hagerty, Inc.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840776/000184077623000003/0001840776-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840776/000184077623000003/hgty-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840776-23-000003
- JSON: https://secwatch.observer/filing/0001840776-23-000003.json
- Plain text: https://secwatch.observer/filing/0001840776-23-000003.txt

## Key facts
- Executive change
  Randall Harbert was appointed as Director at Hagerty, Inc..
  - Action: appointed
  - Role: Director
  source text: Randall Harbert, who recently retired as State Farm’s Chief Agency, Sales and Marketing Officer and currently serves as senior advisor, has been appointed to assume a seat on the Company’s Board of Directors (the “Board”) from Michael L Tipsord, State Farm’s Chairman, President and CEO.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840776/000184077623000003/0001840776-23-000003-index.htm
- Executive change
  Michael L Tipsord departed as Director at Hagerty, Inc..
  - Action: stepped down
  - Role: Director
  source text: Randall Harbert, who recently retired as State Farm’s Chief Agency, Sales and Marketing Officer and currently serves as senior advisor, has been appointed to assume a seat on the Company’s Board of Directors (the “Board”) from Michael L Tipsord, State Farm’s Chairman, President and CEO.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840776/000184077623000003/0001840776-23-000003-index.htm

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