STOCK TITAN

Hagerty Welcomes New Senior Vice President of Talent to Oversee Acquisition and Employee Development Strategies

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Rhea-AI Summary

Hagerty, a leading specialty insurance provider for automotive enthusiasts, has expanded its executive team by appointing Shoba Menon as Senior Vice President of Talent on March 30, 2022. Menon brings over 20 years of experience in human resources and talent acquisition, with roles at Travel and Leisure Co. and PepsiCo. Her focus will be on implementing a long-term talent strategy and improving talent acquisition and management processes. CEO McKeel Hagerty emphasized the importance of talent development for the company’s growth.

Positive
  • Shoba Menon's hiring is expected to enhance talent acquisition and employee development strategies.
  • Her extensive experience in scaling talent functions supports Hagerty's growth.
Negative
  • None.

TRAVERSE CITY, Mich., March 30, 2022 /PRNewswire/ -- Hagerty, an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, today announced the expansion of its senior executive team with the hiring of Shoba Menon as Senior Vice President of Talent.

"As we continue to grow and expand into new verticals, talent acquisition and development have become one of our top priorities," said Hagerty CEO McKeel Hagerty. "Shoba brings an incredible background of strategic workforce planning and an eagerness to implement data-driven talent processes that will ultimately improve Hagerty's talent acquisition and development processes."

In her role, Menon will implement a long-term talent strategy that aligns with Hagerty's overarching company vision. Additionally, she will be responsible for leading the talent acquisition process, talent management mobility and leadership development programming.

Menon's work history includes more than 20 years of experience in human resources and talent acquisition across agency structures, search firms and corporate entities. Most recently, Menon was the Vice President of Talent Acquisition at Travel and Leisure Co. Prior to that, she worked in various talent-related roles for 14 years at PepsiCo.

Throughout her career, Menon has been instrumental in scaling start-up functions that deliver high year-over-year growth plans, championing internal talent mobility, diversity hiring, and executing a solid employment brand strategy that attracted and engaged talent throughout their employment journey.

Additionally, at PepsiCo, Menon partnered with the Learning & Development and Diversity & Inclusion teams to roll out several training modules on "Selecting the Right Talent" and "Unconscious Biases." She holds a degree in Business Administration from the University of Mumbai.

About Hagerty, Inc. (NYSE: HGTY)

Based in Traverse City, Michigan, Hagerty's purpose is to save driving and car culture for future generations and its mission is to build a global business to fund that purpose. Hagerty is an automotive enthusiast brand offering integrated membership products and programs as well as a specialty insurance provider focused on the global automotive enthusiast market. Hagerty is home to Hagerty Drivers Club, Hagerty DriveShare, Hagerty Valuation Tools, Hagerty Media, Hagerty Drivers Club magazine, MotorsportReg, Hagerty Garage + Social, the Amelia Concours d'Elegance, the Detroit Concours d'Elegance, the Greenwich Concours d'Elegance, the California Mille, Motorworks Revival, the Hagerty Drivers Foundation and more. For more information on Hagerty, please visit www.hagerty.com, or connect with us on Facebook, Instagram and Twitter.

More information can be found at newsroom.hagerty.com.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hagerty-welcomes-new-senior-vice-president-of-talent-to-oversee-acquisition-and-employee-development-strategies-301513839.html

SOURCE Hagerty

FAQ

What is the purpose of hiring Shoba Menon at Hagerty?

Shoba Menon was hired to oversee talent acquisition and development strategies to support Hagerty's growth.

What prior experience does Shoba Menon bring to Hagerty?

Shoba Menon has over 20 years of experience in human resources and talent acquisition, previously working at Travel and Leisure Co. and PepsiCo.

When was Shoba Menon appointed as Senior Vice President of Talent?

Shoba Menon was appointed on March 30, 2022.

What will be Shoba Menon's responsibilities at Hagerty?

She will implement long-term talent strategies and lead talent acquisition and development processes.

How does Hagerty plan to grow with Shoba Menon's appointment?

Hagerty aims to enhance its talent processes and workforce planning to support its expansion into new verticals.

Hagerty, Inc.

NYSE:HGTY

HGTY Rankings

HGTY Latest News

HGTY Stock Data

953.44M
81.69M
8.99%
82.35%
0.36%
Insurance - Property & Casualty
Insurance Agents, Brokers & Service
Link
United States of America
TRAVERSE CITY