Hagerty appoints Jeff Briglia as President of Insurance; adds $75M credit capacity

Hagerty, Inc.

Jeff Briglia named President of Insurance effective July 1, 2024; reports to CEO McKeel Hagerty.
Briglia receives $650K base salary, $50K sign-on bonus, and $350K RSU grant vesting over three years.
Target annual incentive is at least 75% of base salary; 2024 minimum payment of $250K.
Credit facility amended; $75M incremental revolving commitment added from Wells Fargo as new lender.

item 1.01 item 2.03 item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Jeff Briglia

President of Insurance

HGTY · Hagerty, Inc.

Effective: 2024-07-01
Filed: May 31, 2024, 7:59 PM ET

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of President of Insurance On May 31, 2024, the Company announced the appointment of Jeff Briglia, age 54, as its President of Insurance, effective July 1, 2024, to lead all aspects of the Company’s insurance operations.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jeff Briglia was appointed as President of Insurance at Hagerty, Inc..

Action: appointed
Role: President of Insurance

Exact text from the filing

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of President of Insurance On May 31, 2024, the Company announced the appointment of Jeff Briglia, age 54, as its President of Insurance, effective July 1, 2024, to lead all aspects of the Company’s insurance operations.

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Hagerty, Inc. filing history →

Source: SEC EDGAR

accession 0001840776-24-000114

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