Assaf Wand, co-founder of Hippo Holdings and former CEO, has played a huge role in shaping the company. Under his leadership, Hippo became known for its innovative approach in the insurtech space. Assaf started his career after earning an MBA...

Assaf Wand, co-founder of Hippo Holdings and former CEO, has played a huge role in shaping the company. Under his leadership, Hippo became known for its innovative approach in the insurtech space. Assaf started his career after earning an MBA from the University of Chicago and founded Sabi Inc. before launching Hippo in 2015. His time as CEO lasted until June 2022, during which he implemented long-term growth strategies. While he has a background in finance and law from his studies in Israel, his real strength lies in his bold vision for insurance technologies. After stepping down from the CEO position, he shifted to become Executive Chairman, focusing on guiding the company's future direction. Interestingly, Assaf saw a notable change in his compensation in 2022, where he earned a base salary of around $352,292 without any bonuses or stock options. This highlights a change in his role and focus within the company. His insider trading showed significant stock value fluctuations, peaking at over $164 million in August 2021 before declining, indicating the volatile nature of the market he navigates. Assaf Wand remains a key figure in Hippo’s journey, leveraging his experience and insights to guide the company into new horizons.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Hippo Holdings CEOs

H

Assaf Wand

Ex-CEO of Hippo Holdings

Sector of Economy

Financial Services

CEO of Hippo Holdings for

0 years 10 months (Aug 2021 - Jun 2022)

Previous Experience

CEO of Hippo Holdings

Rivals

Competitors/colleagues of Assaf Wand

Holdings

See how much did Assaf Wand make over time.

Assaf Wand's stock holdings have seen ups and downs throughout his time at Hippo Holdings. In August 2021, his holdings peaked impressively at approximately $164.02 million, showing his significant stake in the company. However, by the end of 2022, this...

Assaf Wand's stock holdings have seen ups and downs throughout his time at Hippo Holdings. In August 2021, his holdings peaked impressively at approximately $164.02 million, showing his significant stake in the company. However, by the end of 2022, this value declined to around $75 million, demonstrating the volatility in the stock market. Over the following months, the value continued to fluctuate, with notable values of around $60 million in early 2022 before dipping below $30 million later that year. His biggest holdings were concentrated in Hippo shares, reflecting his confidence in the company’s future, though he has had to navigate through decreasing stock values in the recent past. Despite these challenges, Wand's commitment to Hippo remains strong, especially in his current role guiding the company’s strategic vision.

Total Stock Sold

$1.16M

HIPO

$1.16M

49,000 HIPO shares

What if they kept their stock?

If Assaf Wand didn't sell their stock, today they would have:
Extra HIPO49,000 shares worth $12.14M.
This is 947.79% and $10.98M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Assaf Wand.

HIPO

$320.44K

HIPO at $26.16/share

Jan 2, 2025

Sale

HIPO

$395.06K

HIPO at $32.25/share

Dec 2, 2024

Sale

HIPO

$256.97K

HIPO at $20.98/share

Nov 1, 2024

Sale

HIPO

$202.03K

HIPO at $16.49/share

Oct 1, 2024

Sale

HIPO

$150.59K

HIPO at $3.70/share

Nov 19, 2021

Purchase

HIPO

$47.14K

HIPO at $4.00/share

Aug 23, 2021

Purchase

HIPO

$49.17K

HIPO at $4.31/share

Aug 19, 2021

Purchase

HIPO

35,320,815 shares

HIPO

Aug 4, 2021

Received

HIPO

35,320,817 shares

HIPO

Aug 4, 2021

Received

Compensation History

See how much did Assaf Wand make over time.

Assaf Wand's compensation paints a clear picture of his evolution within Hippo Holdings. In 2021, he received a total compensation of about $1.57 million, which included a salary of $368,216, performance-based bonuses, and additional benefits. However, after stepping down as CEO in 2022, his compensation dramatically shifted. He earned a salary of $352,292 this past year, with no bonuses or stock awards granted, reflecting his transition into a more advisory role as Executive Chairman. The absence of bonuses and stock options during this time indicates a focus on long-term contributions rather than short-term gains. This shift, while decreasing his immediate compensation, suggests a pivot towards strategies aimed at enhancing the company’s future growth and stability, showcasing Wand's dedication to Hippo’s long-term vision over immediate financial rewards.

Year

2022

Total Compensation

$352.29K

Salary

$352.29K

Board Justification

The compensation for executives is structured around the achievement of individual performance and corporate targets, ensuring it is reasonable and competitive.

Bonus

$0.00

Board Justification

No annual cash bonuses were provided to NEOs in 2022.

Other

$0.00

Board Justification

No other compensation was reported for Mr. Wand in 2022.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted to Mr. Wand in 2022.

Performance Metrics

No specific performance metrics were mentioned for determining compensation in 2022.

Other Hippo Holdings CEOs

Here are other CEOs of Hippo Holdings

Richard McCathron

CEO of Hippo Holdings

June 2022 - Present