Progressive Announces Organization Change
MAYFIELD VILLAGE, Ohio, Jan. 31 The Progressive
Corporation announced that, effective today, Charles B. Chokel,
Executive Vice-President and Chief Investments and Capital Officer, separated
from the Company. Peter B. Lewis, Chairman, said, "We thank Chuck for all he
has contributed over a brilliant 23 year career with Progressive and wish him
continued success. Chuck departs after a year of superb investment results
and leaves behind a proven team of experienced investors who contributed
greatly to 2000's excellent outcome."
Progressive , with headquarters in Mayfield Village, Ohio, is
one of the nation's largest auto insurance companies. In business since 1937,
the Company provides all drivers with competitive rates and 24-hour, in-person
and online services. The Company sells its products over the phone at
1-800-AUTO-PRO(R), online at progressive.com and through more than 30,000
independent agencies throughout the U.S. More information about the Company
can be found at http://www.progressive.com .