George Hagerman

George Hagerman

George Hagerman has more than three decades of experience researching marine renewable energy systems as a Senior Research Associate at Virginia Tech Advanced Research Institute.

Since its formation in December 2009, he has served on the BOEM Intergovernmental Renewable Energy Task Force for offshore wind development in federal waters off Virginia. Furthermore, he is part of Dominion’s led design team for the Virginia Offshore Wind Technology Advancement Project.

Early Life and Education

Our subject’s early years were spent farming, where he gained practical skills that would later prove beneficial in his career. He studied for the ministry at Westfield Academy, NY but did not receive his degree.

He taught school for several years and then, at 24 years old, began preaching from the pulpit of the United Brethren Church. His faith, dedication, and intellect made him an exceptional minister.

He had a wide-range of interests and took an active role in public affairs, serving as County Coroner and Inspector of Schools for Madison Twp. Additionally, he served as Justice of the Peace for several years.

Professional Career

George Hagerman has been a driving force within Virginia, showing an unwavering dedication to the responsible development of ocean-based renewable energy. This commitment includes his leadership and efforts on behalf of Dominion’s current 12 MW two turbine offshore wind demonstration project (CVOW), as well as other ocean based energy initiatives.

Due to his efforts on these projects, Virginia has earned itself a national reputation as an innovator in offshore wind energy development – due largely to his vision, passion and devotion.

He has also been an outspoken supporter of President Donald Trump and his policies. He has stated that he would vote with Trump more than 90% of the time, even though some Republicans have publicly distanced themselves from him due to his actions.

Achievements and Honors

George Hagerman’s many achievements and honors are impressive in many fields. He was an acclaimed rower, accomplished pilot, and expert in ocean renewable energy sources.

His family is immensely proud of his accomplishments and contributions to the community. Survived by his wife Evelyn; children Tina Hagerman, Laura Wethern, Lila Riser, Cindi Hagerman, Ron Hagerman and Larry Hagerman; nine grandchildren and one great-grandchild;

He was an enthusiastic supporter of local journalism and the Champaign-Urbana community. To honor his memory, friends and family established the David Shaul Endowment Fund in 2018, awarding a scholarship to an exceptional undergraduate journalism student based on academic merit.

Personal Life

George Hagerman was born on July 14, 1917 in Chambersburg, Pennsylvania and graduated from the United States Naval Academy Class of 1941. During World War II he served aboard destroyers as part of their destroyer crews.

From 1947-1949, he served on the faculty at the University of Virginia and also served as assistant chief of staff for United Nations Command, responsible for military and political affairs.

He had several children, including Harold Wilbert Hagerman and Chester Hagerman. In 1958 he passed away at 87 years old; he is buried in Dunkard Cemetery in Marion, Iowa.

Net Worth

George Hagerman has an estimated net worth of $1 million. He is the founder and chairman of Cachematrix, a money fund distribution company. Prior to starting Cachematrix, George enjoyed an illustrious 30-plus year career in institutional money funds where he spearheaded sales, marketing and distribution initiatives for firms such as The Boston Company, Fidelity Investments, Concord Financial, Lehman Brothers CS First Boston and Janus.

Hagerman owns 30,864 shares of Genworth Inc stock worth $161,110 as of 17 February 2023 and has made one trade since then. Click here to view her complete stock ownership and insider trade history. The Hearst Corporation is one of the world’s most diversified media companies, with interests in newspapers, magazines, local television networks and real estate.

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