McKeel Hagerty, president and CEO of Hagerty Insurance, has been named chairman of the Young Presidents' Organization (YPO) International Board. The YPO is the world's premier peer-to-peer network of chief executives and represents more than 23,000 businesses worldwide. Hagerty, who currently serves as director on the international board, will take office July 1, 2016 for a one-year term. He has been a member of the YPO since 2000 and has served in various leadership positions. He will be YPO's 65th international chairman.

"YPO is committed to enriching each member's lifelong journey of leadership, growth and significance through education and idea exchange. After 65 years of connecting business leaders around the world, YPO continues its tradition of being the premiere global network of its kind – and McKeel is the ideal leader to set the path for our next generation of leaders," says 2015-2016 International Chairman Santiago Sanchez of Guadalajara, Mexico.

"For 15 years, YPO has been a part of my life, and it is an honor to take this next step and serve as the 2016-2017 international chairman," says Hagerty.

Altogether, YPO member-run companies employ more than 15 million people around the world and generate $6 trillion U.S. dollars in annual revenues.