Sundar PichaiSundar Pichai earned $164M in 2023
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Richard McCathron

CEO of Hippo Holdings

Education

B.S. in Finance from Oregon State University

Field of Expertise

Finance & Banking - Insurance

Economy Sector

Financial Services

Current Tenure

2 years 9 months (Jun 2022 - Present)

Previous Experience

President of Hippo Holdings, CEO of First Connect Insurance, Chief Revenue Officer at Home Value Protection, President and CEO of Superior Access Insurance Services, Regional Vice President at Mercury Insurance Group

Richard McCathron is the CEO of Hippo Holdings, having taken the position on June 6, 2022, after serving as the company's President since 2017. With a B.S. in Finance from Oregon State University, he is deeply rooted in the insurance...

Year

2023

Total Compensation

$1.66M

Salary

$645.00K

Board Justification

The compensation structure is designed to attract and retain executive talent while aligning compensation with company performance and individual contributions.

Bonus

$165.00K

Board Justification

The cash incentive awards were expressed as a percentage of base salary (25% for each of the NEOs) based on continued service to the Company and Company and individual performance for the full calendar year, with specific payout amounts determined by the Compensation Committee in its discretion.

Other

$0.00

Board Justification

No other compensation was reported for 2023.

Restricted Stock

$850.00K(100K RSU)

Board Justification

The RSUs vest ratably over two years, with 1/8th of the RSUs vesting on each quarterly anniversary following February 15, 2023, subject to continued service with the Company through the applicable vesting date.

Performance Metrics

The performance metrics for determining the compensation included company and individual performance relative to established goals.