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Hagerty Executive Compensation (FY25)

HGTY · Executive and director compensation, fiscal 2024 to 2025

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Data as of September 11, 2026Latest filing (EX-10): July 17, 2026
4 filings cited on this page
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Hagerty brief$1,500Get the executive brief
170 figures on this page: 169 cited to the filing that reported them, 1 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
McKeel Hagerty
Latest say-on-pay support
=
June 9, 2026
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — McKeel Hagerty: $3,206,990 → $4,732,132 (47.6% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Hagerty's chief executive and what were they paid?
Total compensation for McKeel Hagerty, Chief Executive Officer, came to $4,732,132 in fiscal 2025. Compared with the $3,206,990 reported for fiscal 2024, Hagerty's total was 47.6% higher.
What was Hagerty's say-on-pay result?
Shareholders recorded 100.0% support for the say-on-pay proposal at the meeting held June 9, 2026 for fiscal 2025.
Which companies are in Hagerty's peer group?
The disclosed peer group names Donegal Group, Inc., Erie Indemnity Company, Goosehead Insurance, Inc., Heritage Insurance Holdings, Inc. and Horace Mann Educators Corporation, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
McKeel Hagerty
CEO
◇—◇—◇—◇◇
Patrick McClymont
CFO
◇—◇—◇—◇◇
Paul Rehrig
former President, Hagerty Media Entertainment
Departed during or after this year
◇◇◇———◇◇
Russell Page
CIO
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
McKeel Hagerty
Chief Executive Officer
◇—◇—◇—◇◇
Patrick McClymont
Chief Financial Officer
◇—◇—◇—◇◇
Jeffrey Briglia
President of Insurance
◇—◇—◇—◇◇
Russell Page
Chief Information Officer
◇—◇—◇—◇◇
Kenneth Ahn
President of Marketplace
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Jeffrey BrigliaPSU◇◇◇◇◇—◇
Jeffrey BrigliaRSU◇——◇——◇
Kenneth AhnPSU◇◇◇◇◇—◇
Kenneth AhnRSU◇——◇——◇
McKeel HagertyPSU◇◇◇◇◇—◇
Patrick McClymontPSU◇◇◇◇◇—◇
Patrick McClymontRSU◇——◇——◇
Russell PagePSU◇◇◇◇◇—◇
Russell PageRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
McKeel HagertyRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jeffrey BrigliaPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Patrick McClymontRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Kenneth AhnRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Russell PageRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Patrick McClymont
Chief Financial Officer · Employment agreement
Severance multiple◇
Severance base◇
Non-compete period◇
Non-solicit period◇
Russell Page
Chief Information Officer · Employment agreement
Non-compete period◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Laurie Harris
◇◇———◇◇
Sabrina Kay
◇◇————◇
Mika Salmi
◇◇————◇
Randall Harbert
◇◇————◇
Anthony Kuczinski
◇◇————◇
Mike Crowley
◇◇————◇
Michael Heaton, Robert Kauffman, Henrik Bjørnstad, McKeel Hagerty and William Swanson served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Donegal Group, Inc. DGICA
  • Erie Indemnity Company ERIE
  • Goosehead Insurance, Inc. GSHD
  • Heritage Insurance Holdings, Inc. HRTG
  • Horace Mann Educators Corporation HMN
  • Kinsale Capital Group, Inc. KNSL
  • Palomar Holdings, Inc. PLMR
  • RLI Corp. RLI
  • Ryan Specialty Holdings, Inc. RYAN
  • Safety Insurance Group, Inc. SAFT
  • Skyward Specialty Insurance Group, Inc. SKWD
  • The Baldwin Insurance Group, Inc. BWIN
  • Tiptree Inc. TIPT
  • United Fire Group, Inc. UFCS
  • Universal Insurance Holdings Inc. UVE

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 9, 2026=◇◇◇
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What this page does not include

Everything above is a fact Hagerty disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Hagerty sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
170 figures on this page: 169 cited to the filing that reported them, 1 calculated from figures it prints.
169 cited to the filing
1 calculated from the filing

Documents cited

  1. 0001628280-26-048668
    Exhibit
  2. 0001628280-26-042865
    ITEM 5.07 Submission of Matters to a Vote of Security Holders
  3. 0001628280-26-028911
    ADVISORY VOTE ON FREQUENCY OF ADVISORY VOTE ON COMPENSATION OF NAMED EXECUTIVE OFFICERS. · Director Compensation · Exhibit · Grants of Plan-Based Awards · and 3 more sections
  4. 0001840776-25-000126
    Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Hagerty executive compensation, FY2024–FY2025.” https://intel.velarion.ai/comp/HGTY (accessed 2026).
Short form: data: Velarion

The Hagerty brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
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4 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Hagerty discloses

The companies named in HGTY's own disclosed peer group.

Donegal Group, Inc.Erie Indemnity CompanyGoosehead Insurance, Inc.Heritage Insurance Holdings, Inc.Horace Mann Educators CorporationKinsale Capital Group, Inc.Palomar Holdings, Inc.RLI Corp.Ryan Specialty Holdings, Inc.Safety Insurance Group, Inc.Skyward Specialty Insurance Group, Inc.The Baldwin Insurance Group, Inc.Tiptree Inc.United Fire Group, Inc.Universal Insurance Holdings Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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