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Hagerty Announces Former Amazon Executive Sean McMullan as Senior Vice President of Digital Marketplace and Valuation

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Hagerty, Inc. (NYSE: HGTY), a leading specialty vehicle insurance provider, has appointed Sean McMullan as its new Senior Vice President of Digital Marketplace and Valuation, effective August 26, 2024. McMullan, a former Amazon executive with nearly two decades of experience, will focus on driving profitable growth for Hagerty's Digital Marketplace and enhancing digital product offerings, including the Hagerty Valuation Tool.

At Amazon, McMullan held various leadership roles, most recently serving as Director of Artist Services for Amazon Music. His experience includes launching innovative products, international expansion, and building digital retail businesses. CEO McKeel Hagerty expressed excitement about McMullan's innovative mindset and expertise in digital marketplaces, which are expected to drive future growth and improve the buying and selling experience for auto enthusiasts.

Hagerty, Inc. (NYSE: HGTY), un importante fornitore di assicurazioni per veicoli speciali, ha nominato Sean McMullan nuovo Vicepresidente Senior del Marketplace Digitale e della Valutazione, con effetto dal 26 agosto 2024. McMullan, ex dirigente di Amazon con quasi vent'anni di esperienza, si concentrerà sulla crescita redditizia del Marketplace Digitale di Hagerty e sul miglioramento delle offerte di prodotti digitali, inclusa la Hagerty Valuation Tool.

In Amazon, McMullan ha ricoperto vari ruoli dirigenziali, servendo più recentemente come Direttore dei Servizi per Artisti per Amazon Music. La sua esperienza include il lancio di prodotti innovativi, l'espansione internazionale e la costruzione di attività di vendita al dettaglio digitale. Il CEO McKeel Hagerty ha espresso entusiasmo per la mentalità innovativa e l'expertise di McMullan nei marketplace digitali, che si prevede porteranno a una crescita futura e miglioreranno l'esperienza di acquisto e vendita per gli appassionati di auto.

Hagerty, Inc. (NYSE: HGTY), un destacado proveedor de seguros para vehículos especializados, ha nombrado a Sean McMullan como su nuevo Vicepresidente Senior de Marketplace Digital y Valoración, con efecto a partir del 26 de agosto de 2024. McMullan, un exejecutivo de Amazon con casi dos décadas de experiencia, se centrará en impulsar el crecimiento rentable del Marketplace Digital de Hagerty y en mejorar las ofertas de productos digitales, incluyendo la Herramienta de Valoración de Hagerty.

En Amazon, McMullan ocupó varios puestos de liderazgo, siendo el más reciente Director de Servicios para Artistas para Amazon Music. Su experiencia incluye el lanzamiento de productos innovadores, expansión internacional y construcción de negocios de venta al por menor digital. El CEO McKeel Hagerty expresó su entusiasmo por la mentalidad innovadora y la experiencia de McMullan en marketplaces digitales, que se espera impulsen el crecimiento futuro y mejoren la experiencia de compra y venta para los entusiastas de los automóviles.

Hagerty, Inc. (NYSE: HGTY), 특수 차량 보험 분야의 선도적인 제공업체가 Sean McMullan디지털 마켓플레이스 및 평가 부문 고위 부사장으로 임명했습니다. 이는 2024년 8월 26일부터 효력이 발생합니다. McMullan은 아마존의 전직 임원으로 거의 20년의 경험을 가지고 있으며, Hagerty의 디지털 마켓플레이스에서 수익성 있는 성장을 이끌고 Hagerty 가치 도구를 포함한 디지털 제품 제공을 향상시키는 데 집중할 것입니다.

아마존에서 McMullan은 다양한 리더십 역할을 수행했으며, 최근에는 Amazon Music의 아티스트 서비스 디렉터로 재직했습니다. 그의 경험에는 혁신적인 제품 출시, 국제적 확장, 디지털 소매 사업 구축이 포함됩니다. CEO인 McKeel Hagerty는 McMullan의 혁신적 사고방식과 디지털 마켓플레이스에 대한 전문성에 대한 기대를 표명했으며, 이는 미래 성장을 이끌고 자동차 애호가들을 위한 구매 및 판매 경험을 개선할 것으로 예상됩니다.

Hagerty, Inc. (NYSE: HGTY), un fournisseur majeur d'assurances pour véhicules spéciaux, a nommé Sean McMullan nouveau Vice-Président Senior du Marché Digital et de la Valorisation, à compter du 26 août 2024. McMullan, ancien cadre d'Amazon avec près de deux décennies d'expérience, se concentrera sur la croissance rentable du Marché Digital de Hagerty et sur l'amélioration des offres de produits numériques, y compris l'Outil de Valorisation de Hagerty.

Chez Amazon, McMullan a occupé divers postes de direction, servant le plus récemment comme Directeur des Services aux Artistes pour Amazon Music. Son expérience comprend le lancement de produits innovants, l'expansion internationale et la création d'entreprises de vente au détail numérique. Le PDG McKeel Hagerty a exprimé son enthousiasme pour l'état d'esprit innovant et l'expertise de McMullan dans les marchés numériques, qui devraient favoriser la croissance future et améliorer l'expérience d'achat et de vente pour les passionnés d'automobiles.

Hagerty, Inc. (NYSE: HGTY), ein führender Anbieter von Spezialfahrzeugversicherungen, hat Sean McMullan zum neuen Senior Vice President für digitalen Marktplatz und Bewertung ernannt, gültig ab dem 26. August 2024. McMullan, ein ehemaliger Amazon-Manager mit fast zwei Jahrzehnten Erfahrung, wird sich auf das profitable Wachstum von Hagertys digitalem Marktplatz konzentrieren und die digitalen Produktangebote, einschließlich des Hagerty-Werttools, verbessern.

Bei Amazon hatte McMullan verschiedene Führungspositionen inne und war zuletzt als Direktor für Künstlerdienste bei Amazon Music tätig. Zu seinen Erfahrungen gehört die Einführung innovativer Produkte, internationale Expansion und der Aufbau digitaler Einzelhandelsgeschäftsmodelle. CEO McKeel Hagerty äußerte seine Begeisterung über McMullans innovativen Denkansatz und Expertise im digitalen Marktplatz, was voraussichtlich zukünftiges Wachstum fördern und die Kauf- und Verkaufserfahrung für Autofans verbessern wird.

Positive
  • Appointment of experienced executive Sean McMullan to lead Digital Marketplace and Valuation
  • Focus on driving profitable growth for Hagerty's Digital Marketplace
  • Potential for enhanced digital product offerings, including the Hagerty Valuation Tool
  • McMullan's expertise in digital marketplaces and e-commerce expected to scale critical business elements
Negative
  • None.

TRAVERSE CITY, Mich., Aug. 1, 2024 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Sean McMullan, Amazon veteran and intrapreneur, as its new Senior Vice President of Digital Marketplace and Valuation, effective August 26, 2024.

In this newly created role, McMullan's focus will be driving the profitable growth of Hagerty's Digital Marketplace business - the most trusted platform for members, car enthusiasts and dealers to buy and sell collectible cars online - while further enhancing and integrating Hagerty's digital product offerings for members, including the widely popular Hagerty Valuation Tool. 

"We are excited to welcome Sean to Hagerty, as he brings an innovative and entrepreneurial mindset to the team," said McKeel Hagerty, CEO and Chairman of Hagerty. "His deep experience in digital marketplaces and e-commerce will help us scale these critical elements of our business and drive future growth and profitability, resulting in an enjoyable buying and selling experience for auto enthusiasts."

Prior to joining Hagerty, McMullan spent nearly two decades at Amazon in various leadership roles in the United States and abroad. Most recently he served as Director of Artist Services for Amazon Music where he launched the Amazon Music for Artists app, spearheaded their entry into the livestreaming space and built their artist merchandise business by partnering with some of the biggest names in music. Prior to this role, he led Amazon Music's international expansion into 50 countries and launched Amazon Fresh in the United Kingdom and Germany. He spent the first phase of his career building digital retail businesses and products, including overseeing the Toys category in the U.S.

"Joining Hagerty is a dream job for me, given my personal passion for cars. Not only is Hagerty a leader in the collectible car market, but their digital marketplace also represents one of the company's biggest growth opportunities," McMullan said. "Additionally, Hagerty's creative approach to engaging members and enthusiasts resonates with me deeply."

About Hagerty, Inc. (NYSE: HGTY)
Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of over 830,000 who can't get enough of cars. For more information, please visit www.hagerty.com or connect with us on FacebookInstagramTwitter and LinkedIn.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current intentions, expectations, or beliefs regarding the business. Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that are difficult to predict and may be outside of our control. Some of the factors that may cause our actual results to differ materially from those contemplated by our forward-looking statements include: (i) our ability to recognize the anticipated benefits of the subject of this press release; (ii) our ability to compete effectively within our industry and attract and retain members; and (iii) the other risks and uncertainties listed in our Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC") on March 24, 2022. This press release should be read in conjunction with the information included in our other press releases, reports, and other filings with the SEC. Understanding the information contained in those filings is important in order to fully understand our reported financial results and our business outlook for future periods. We do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

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SOURCE Hagerty

FAQ

Who is Sean McMullan and what is his new role at Hagerty (NYSE: HGTY)?

Sean McMullan is a former Amazon executive who has been appointed as Hagerty's new Senior Vice President of Digital Marketplace and Valuation, effective August 26, 2024. He will focus on driving profitable growth for Hagerty's Digital Marketplace and enhancing digital product offerings.

What experience does Sean McMullan bring to Hagerty (NYSE: HGTY)?

Sean McMullan brings nearly two decades of experience from Amazon, where he held various leadership roles. His expertise includes digital marketplaces, e-commerce, international expansion, and launching innovative products in the music and retail sectors.

How is Hagerty (NYSE: HGTY) expecting to benefit from Sean McMullan's appointment?

Hagerty expects McMullan's expertise to help scale critical elements of their business, drive future growth and profitability, and improve the buying and selling experience for auto enthusiasts through their Digital Marketplace and Valuation Tool.

When will Sean McMullan start his new role at Hagerty (NYSE: HGTY)?

Sean McMullan will start his new role as Senior Vice President of Digital Marketplace and Valuation at Hagerty on August 26, 2024.

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