Thomas B. Hagen

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.

Thomas B. Hagen
Born
Thomas Bailey Hagen

1935/1936 (age 83–84)[1]
NationalityAmerican
EducationOhio State University
OccupationBusinessman
Net worthUS$2.2 billion (October 2018)[1]
TitleChairman, Erie Insurance Group
Spouse(s)Susan Hirt (died 2015)
Children2

Early life

Hagen 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

As 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

Hagen 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][6]

Hagen lives in Erie, Pennsylvania.[1]

Philanthropy

In 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.[7]

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References

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