Last updated: 3 September 2024 at 6:48am EST

Richard Lavey Net Worth




The estimated Net Worth of Richard W Lavey is at least $13.4 Million dollars as of 29 August 2024. Mr. Lavey owns over 11,826 units of Hanover Insurance Inc stock worth over $5,721,745 and over the last 11 years he sold THG stock worth over $5,992,479. In addition, he makes $1,721,360 as Executive Vice President and President - Hanover Agency Markets at Hanover Insurance Inc.

Mr. Lavey THG stock SEC Form 4 insiders trading

Richard has made over 16 trades of the Hanover Insurance Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 11,826 units of THG stock worth $782,172 on 29 August 2024.

The largest trade he's ever made was selling 26,250 units of Hanover Insurance Inc stock on 24 February 2017 worth over $2,364,338. On average, Richard trades about 2,088 units every 47 days since 2013. As of 29 August 2024 he still owns at least 39,638 units of Hanover Insurance Inc stock.

You can see the complete history of Mr. Lavey stock trades at the bottom of the page.





Richard Lavey biography

Richard W. Lavey serves as Executive Vice President, President - Hanover Agency Markets of the Company since November 2017. Mr. Lavey previously served as Executive Vice President, Chief Growth Innovation Officer from February 2017 to November 2017. Prior to that time, he was President, Personal Lines of THG since November 2014 and Chief Marketing Officer since 2011, assuming responsibility for Field Operations in 2016. Mr. Lavey joined THG in 2004 and during this time has also served in the following roles: Chief Distribution Officer, Senior Vice President, Operations and Marketing; Regional President, Northeast; and Vice President, Field Operations and Marketing & Distribution. Prior to joining the Company, Mr. Lavey worked for The Hartford Financial Services Group, Inc. and The Travelers Corp.

What is the salary of Richard Lavey?

As the Executive Vice President and President - Hanover Agency Markets of Hanover Insurance Inc, the total compensation of Richard Lavey at Hanover Insurance Inc is $1,721,360. There are 4 executives at Hanover Insurance Inc getting paid more, with John Roche having the highest compensation of $4,979,780.



How old is Richard Lavey?

Richard Lavey is 52, he's been the Executive Vice President and President - Hanover Agency Markets of Hanover Insurance Inc since 2017. There are 26 older and 2 younger executives at Hanover Insurance Inc. The oldest executive at Hanover Insurance Group Inc is P. Kevin Condron, 74, who is the Independent Chairman of the Board.

What's Richard Lavey's mailing address?

Richard's mailing address filed with the SEC is C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER, MA, 01653.

Insiders trading at Hanover Insurance Inc

Over the last 20 years, insiders at Hanover Insurance Inc have traded over $36,466,482 worth of Hanover Insurance Inc stock and bought 72,965 units worth $3,574,903 . The most active insiders traders include Frederick H Eppinger, Marita Zuraitis, and J Kendall Huber. On average, Hanover Insurance Inc executives and independent directors trade stock every 38 days with the average trade being worth of $2,939,976. The most recent stock trade was executed by Richard W Lavey on 29 August 2024, trading 11,826 units of THG stock currently worth $782,172.



What does Hanover Insurance Inc do?

as a top property and casualty insurance company, the hanover is searching for the most talented professionals―at every level― to join our company. the hanover offers a collaborative environment where you’ll gain new experience and grow your career. the hanover offers comprehensive benefits to help you stay healthy, build financial security, and balance work/home life. at the hanover, you’ll enjoy what you do and have the support you need to succeed. please visit jobs.hanover.com.



Complete history of Mr. Lavey stock trades at Hanover Insurance Inc and The Hanover Insurance

Insider
Trans.
Transaction
Total value
Richard W Lavey
Executive Vice President
Option $782,172
29 Aug 2024
Richard W Lavey
Executive Vice President
Option $573,501
2 Mar 2022
Richard W Lavey
Executive Vice President
Option $273,050
11 Aug 2021
Richard W Lavey
Executive Vice President
Option $136,525
6 Aug 2021
Richard W Lavey
Executive Vice President
Option $278,000
7 May 2019
Richard W Lavey
Executive Vice President
Sale $2,364,338
24 Feb 2017
Richard W Lavey
Executive Vice President
Sale $216,625
20 May 2016
Richard W Lavey
Executive Vice President
Option $1,159,150
31 Jul 2015
Richard W Lavey
Executive Vice President
Sale $415,277
30 May 2014
Richard W Lavey
Executive Vice President
Option $256,425
14 Nov 2013
Richard W Lavey
Executive Vice President
Option $278,000
7 May 2019
Richard W Lavey
Executive Vice President
Sale $2,364,338
24 Feb 2017
Richard W Lavey
Executive Vice President
Sale $216,625
20 May 2016
Richard W Lavey
Executive Vice President
Option $1,159,150
31 Jul 2015
Richard W Lavey
Executive Vice President
Sale $415,277
30 May 2014
Richard W Lavey
Executive Vice President
Option $256,425
14 Nov 2013


Hanover Insurance Inc executives and stock owners

Hanover Insurance Inc executives and other stock owners filed with the SEC include: