Thomas B. Hagen | |
Birth Date: | [1] |
Nationality: | American |
Education: | Ohio State University |
Occupation: | Businessman |
Chairman, Erie Insurance Group | |
Spouse: | Susan Hirt (died 2015) |
Children: | 2 |
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]
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]
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]
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] [5]
Hagen lives in Erie, Pennsylvania.[1]
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.[6]