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    Hanover Insurance Group Inc filed SEC Form 8-K: Leadership Update

    4/3/25 12:19:49 PM ET
    $THG
    Property-Casualty Insurers
    Finance
    Get the next $THG alert in real time by email
    8-K
    0000944695false0000944695us-gaap:CommonStockMember2025-03-312025-03-3100009446952025-03-312025-03-310000944695thg:SevenPointSixTwoFivePercentageSeniorDebenturesDueTwoThousandTwentyFiveMember2025-03-312025-03-31

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): March 31, 2025

    THE HANOVER INSURANCE GROUP, INC.

    (Exact name of registrant as specified in its charter)

     

    Delaware

    1-13754

    04-3263626

    (State or other jurisdiction

    of incorporation)

    (Commission File Number)

    (IRS Employer

    Identification No.)

     

     

     

     

    440 Lincoln Street, Worcester, Massachusetts

    (Address of principal executive offices)

    01653

    (Zip Code)

     

    (508) 855-1000

    Registrant’s telephone number, including area code:

     

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading Symbols

     

    Name of each exchange on which registered

    Common Stock, $.01 par value

     

    THG

     

    New York Stock Exchange

    7 5/8% Senior Debentures due 2025

     

    THG

     

    New York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     


     

    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    (c) On March 31, 2025, the Board of Directors of The Hanover Insurance Group, Inc. (the “Company”) appointed Richard W. Lavey, 58, to serve as Executive Vice President and Chief Operating Officer of the Company, effective on that date. In this newly created position, Mr. Lavey will play an expanded and leading role in the further development of the Company’s business strategy and drive even greater integration and collaboration between our business and technology organizations, while maintaining his current responsibilities leading personal lines and core commercial, which includes the Company’s small and middle market businesses. He will also continue to lead the Company’s sales and distribution, corporate underwriting, marketing and risk solutions functions.

    Mr. Lavey served as the Company’s Executive Vice President and President, Hanover Agency Markets since 2017, until his appointment as Chief Operating Officer. Mr. Lavey previously served as Executive Vice President, Chief Growth Innovation Officer from February 2017 to November 2017. Prior to that time, he was President, Personal Lines of the Company since 2014 and Chief Marketing Officer since 2011, assuming responsibility for Field Operations in 2016. Mr. Lavey joined the Company in 2004 and during this time has also served in the following roles: Chief Distribution Officer, Senior Vice President, Operations and Marketing; Regional President, Northeast; and Vice President, Field Operations and Marketing and Distribution. Prior to joining the Company, Mr. Lavey worked for The Hartford Financial Services Group, Inc. and The Travelers Corp.

     

     

     

    2


     

    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    The Hanover Insurance Group, Inc.

    (Registrant)

    Date: April 3, 2025

    By:

    /s/ Dennis F. Kerrigan

    Dennis F. Kerrigan

    Executive Vice President, Chief Legal Officer and

    Assistant Secretary

     

    3


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