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): April 21, 2025
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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On April 21, 2025, Assaf Wand informed the Board of Directors (the “Board”) of Hippo Holdings Inc. (the “Company” or “Hippo”) of his resignation from the Board effective April 21, 2025. Mr. Wand is a cofounder of the Company and has served on the Board since October 2015. He served as Chief Executive Officer from the Company’s inception until June 2022, and as Executive Chairman of the Board since then. Regarding Mr. Wand’s resignation, Company Chief Executive Officer and President Richard McCathron said: “Assaf founded Hippo with a vision to prioritize the customer experience in homeowners’ insurance which has shaped our strategy to protect the joy of homeownership for our customers. I am deeply grateful for Assaf’s dedication and partnership and thank him for all that he has done over the past decade to define and lead Hippo.”
Mr. Wand had the following to say regarding the Company’s future: “I have every confidence that under Rick’s leadership, Hippo will continue to deliver value to its customers, partners, and shareholders. From knocking on doors, to securing our first policies, to ringing the bell on the NYSE stage alongside me, Rick has been my partner every step of the way and an invaluable leader of the Company. As CEO, he drove Hippo to its most successful year yet, reaching EBITDA profitability and staying on track to achieve net income profitability by the end of 2025. The Board that I helped build and have had the honor of serving alongside for the past ten years is highly strategic and collaborative. I want to extend my thanks to the Board, Rick and the entire Hippo team. I am confident I’m leaving my vision and the successful future of the Company in very capable hands. No other company is better equipped to help homeowners proactively protect their homes than Hippo.”
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.
Date: April 22, 2025
| HIPPO HOLDINGS, INC. | ||||||||
| By: | /s/ GUY ZELTSER | |||||||
| Guy Zeltser | ||||||||
| Chief Financial Officer | ||||||||