Hagerty Welcomes New Vice President of Marketing Technology to Lead Digital Transformation

Rhea-AI Summary

Hagerty has appointed Prakash Ranjan as vice president of marketing technology, tasked with leading the company's digital transformation efforts. Ranjan brings extensive experience, having previously held leadership roles at MGM Resorts International and several Fortune 50 companies. His expertise includes AI, cloud computing, and digital strategy. According to Kelly Smith, Hagerty's chief digital officer, Ranjan's knowledge will be essential in engaging the automotive enthusiast community as the company evolves. Hagerty aims to preserve car culture and enhance its global business.

Positive

• Appointment of Prakash Ranjan enhances digital transformation strategy.
• Ranjan's extensive experience from MGM and Fortune 50 companies adds valuable expertise.

Negative

• None.

TRAVERSE CITY, Mich., Feb. 11, 2022 /PRNewswire/ -- Hagerty today announced the expansion of its senior executive team with the hiring of Prakash Ranjan as vice president of marketing technology. In that role, he will lead the company's ongoing digital transformation efforts and guide Hagerty's growing pool of tech talent, defining project roadmaps and tracking execution.

Prior to joining Hagerty, Ranjan was vice president of engineering, marketing technology and digital ventures at MGM Resorts International, where he was responsible for accelerating business transformation using technology modernization and design thinking. Ranjan led growth and monetization platforms at MGM including customer data, web and mobile personalization, mar-tech, ad-tech and loyalty.

Prior to his work at MGM, Ranjan has led the digital transformation at several Fortune 50 companies, giving them the digital tools to become more customer-centric by unlocking the power of their own data. Prakash has held leadership positions with Intuit, VISA, IBM and eBay.

His areas of expertise include digital transformation with AI and cloud computing, technology management, team-building, organizational design and enterprise architecture.

"As Hagerty continues to evolve and find new ways to engage the automotive enthusiast community, digital transformation is an essential part of our business strategy," said Kelly Smith, chief digital and information officer at Hagerty. "Prakash brings with him a wealth of knowledge and experience in digital technology, and we're excited to welcome him to our growing team."

"Hagerty's vision, values and culture and its oversized impact on car lovers and drivers in general are the key reasons I joined the company," said Prakash Ranjan. "I'm thrilled to work with this world-class team to supercharge our digital agenda toward serving Hagerty's purpose of saving driving and preserving car culture for future generations."

About Hagerty, Inc. (NYSE: HGTY)
Based in Traverse City, Michigan, Hagerty's purpose is to save driving and preserve 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 Concours d'Elegance of America, 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.

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SOURCE Hagerty

FAQ

What is Hagerty's recent announcement regarding HGTY?

Hagerty announced the hiring of Prakash Ranjan as vice president of marketing technology to lead digital transformation efforts.

Who is Prakash Ranjan and what will he do at Hagerty?

Prakash Ranjan is the new vice president of marketing technology at Hagerty, overseeing the company's digital transformation and tech team.

How will Prakash Ranjan's role impact Hagerty's strategy?

Ranjan's role is expected to enhance Hagerty's engagement with the automotive community through digital initiatives.

What is the significance of Ranjan's appointment for HGTY shareholders?

Ranjan's appointment is viewed positively as it aligns with Hagerty's strategic goals in digital transformation, which could benefit shareholder value.