Hippo elevates McCathron to CEO as Wand moves to executive chairman role
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Hippo elevates McCathron to CEO as Wand moves to executive chairman role

Jairo Ibarra
June 06, 2022
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Hippo logo with Wand and McCathron palo alto CA.jpg
Assaf Wand and Rick McCathron

InsurTech Hippo has promoted Rick McCathron to chief executive, as founding CEO Assaf Wand moves to executive chairman, effective today.

The succession takes place as Hippo struggles with heavy losses. The firm’s stock has also been under huge pressure for several months.

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Jairo Ibarra
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