People

Thomas M. Harrison

Nashville insurance executive who became Executive Vice President and Secretary of First Acceptance Corporation in the 2004 Liberté–USAuto merger. At the 2008 proxy he held about 14.7% of First Acceptance stock — the company's second-largest disclosed stake.

Thomas M. Harrison
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Location
Nashville, Tennessee, United States
Country
United States
Full name
Thomas M. Harrison
First Acceptance roles
Executive Vice President and Secretary (from April 2004 to December 2007)
USAuto roles
Vice President and Secretary of USAuto Holdings, Inc. (1995–December 2007)
2008 ownership
6,999,999 shares plus 100,000 acquirable shares (~14.7% of outstanding)

Thomas M. Harrison

Thomas M. Harrison is a Nashville insurance executive who served as Executive Vice President and Secretary of First Acceptance Corporation from April 2004 to December 2007, after holding the same-titled roles (Vice President and Secretary) at USAuto Holdings, Inc. from 1995. At the company’s 2008 proxy he disclosed about 14.7% of outstanding stock — the second-largest disclosed stake, just behind Stephen J. Harrison’s 14.8%.

Career

Harrison joined USAuto Holdings as Vice President and Secretary in 1995. When Liberté Investors Inc. acquired USAuto Holdings in April 2004 — renaming itself First Acceptance Corporation — he became Executive Vice President and Secretary of the combined company, serving until December 2007 (DEF 14A, Oct. 6, 2008).

Title note: a December 2003 merger announcement called him USAuto’s “COO,” but the 2008 proxy — the later, controlling disclosure — consistently describes his USAuto role as Vice President and Secretary. This profile follows the proxy and flags the discrepancy rather than resolving it.

Name disambiguation

This Thomas M. Harrison is not the Michigan Ladder, SureBuilt, or Agenus executives of the same name.

FAQ

How large was his stake? 6,999,999 shares owned outright plus 100,000 shares acquirable within 60 days — about 14.7% of outstanding stock at the 2008 proxy.

Was he related to Stephen J. Harrison? The proxy lists both men as large shareholders and officers; it does not state a family relationship, and none is stated here.

What this profile does not claim

  • It does not state his birth year, education, pre-1995 career, or post-2007 activities — none verified.
  • No employment-agreement salary or severance figures are stated; the agreement’s terms were not located.
  • The “COO” title appears in the 2003 announcement; this profile uses the proxy’s Vice President and Secretary.

Timeline

1995
Becomes Vice President and Secretary of USAuto Holdings, Inc.
2003
Named a party to the December 2003 voting agreement tied to the Liberté–USAuto merger (as a holder of USAuto shares subject to voting covenants).
2004
Becomes Executive Vice President and Secretary of Liberté Investors Inc. on the merger's completion (April 2004); the company becomes First Acceptance Corporation.
2007
Leaves the EVP and Secretary roles in December 2007, per the 2008 proxy's officer and director biographies.
2008
Proxy lists him as a >5% holder with 6,999,999 shares owned plus 100,000 shares acquirable within 60 days — about 14.7% of outstanding stock.

What we could not verify

These claims came up in research and could not be confirmed. They are recorded here rather than published as fact or quietly dropped. If you hold a source that settles one, please tell us.

Sources

2 sources (2 tier 1), each opened and read against the claim it supports. Every source is independent of the subject; no first-party material is cited. See the source policy.

Both sources were read in full. The Thomas M. Harrison employment agreement's terms were not located in the fetched documents; no salary or contract figures are stated. Note: a Justia record once misfiled as his employment agreement is actually this voting agreement — it is cited here only for what it is.

  1. U.S. Securities and Exchange Commission, 2008-10-06 Supports: EVP/Secretary roles and dates, USAuto VP & Secretary role, 2008 share ownership Open original source
  2. Justia (contract text from SEC filing), 2003-12-01 Supports: Merger mechanics, USAuto address (3813 Green Hills Village Drive, Nashville, TN), up to 14,000,000 shares of merger consideration Open original source

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