Thomas Bailey Hagen (born 1935/1936) is an American billionaire businessman, the Chairman and former CEO of Erie Insurance Group, and the son-in-law of the company's founder. In 2023, his estimated net worth was $4.2 billion.[1]
Thomas B. Hagen | |
|---|---|
| Born | 1935 or 1936 (age 88–89)[1] |
| Nationality | American |
| Education | Ohio State University |
| Occupation | Businessman |
| Title | Chairman, Erie Insurance Group |
| Spouse | Susan Hirt (died 2015) |
| Children | 2 |
Early life
editHagen was born circa 1935/1936. He attended Penn State Behrend from 1953 to 1955, and earned a bachelor's degree from Ohio State University in 1957.[1][2]
Career
editAs of 2018, Hagen has worked for Erie for over 40 years and is the chairman of Erie Insurance Group, having been its CEO from 1990 to 1993.[1]
Hagen was Secretary of Commerce and then Secretary of Community & Economic Development for the state of Pennsylvania from January 1995 to March 1997.[3]
Personal life
editHagen was married to Susan Hirt Hagen (June 20, 1935 - June 15, 2015), the daughter of the co-founder Erie Insurance, H. O. Hirt.[1][4][5] She was Erie's longest serving director.[1] They had two children, Jonathan Hirt Hagen, and Sarah Hagen McWilliams.[1][4][5]
Hagen lives in Erie, Pennsylvania.[1]
Philanthropy
editIn 2017, Hagen gave $1.5 million to Mercyhurst University's history department, which was renamed in his honour.[1]
As of 2017, Hagen and Erie Insurance Group was involved in restoration efforts in Erie, Pennsylvania.[6]
References
edit- ^ a b c d e f g h i "Forbes profile: Thomas Hagen". Forbes. Retrieved October 15, 2018.
- ^ "Thomas B. Hagen '55". Penn State Behrend. Retrieved October 15, 2018.
- ^ "Executive Profile: Thomas Bailey Hagen". Bloomberg LP. Retrieved October 15, 2018.
- ^ a b "Susan Hirt Hagen Obituary - Erie, PA - ObitTree™". obittree.com. Retrieved October 15, 2018.
- ^ a b "Susan Hagen Obituary (2015) - Erie Times-News". www.legacy.com. Retrieved January 22, 2021.
- ^ Martin, Jim. "Thomas Hagen is writing next chapter of Erie history". GoErie.com. Retrieved February 13, 2019.
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