Progressive Names Lori Niederst Chief Human Resource Officer
December 01 2016 - 12:53PM
MAYFIELD VILLAGE, OHIO -
December 1, 2016 - The Progressive Corporation (NYSE:PGR) today
announced Lori Niederst as its new Chief Human Resource Officer
following the anticipated and planned retirement of Valerie
Krasowski. Krasowski spent 29 years at Progressive, including the
last nine as Chief Human Resource Officer.
Niederst recently celebrated her 19th anniversary
with Progressive and has spent the last 11 years in senior Human
Resource positions, including Business Leader, Compensation and
Benefits and Senior Human Resource Business Leader for Claims.
Before turning her focus to HR, Niederst held various process and
operations positions in corporate finance and Customer Relationship
Management.
"I'm grateful for Val's passion and the many
contributions she has made to Progressive. Our people are our
biggest asset and Val played a key role in building the diverse
workforce and inclusive culture that allows our employees to
thrive," said Tricia Griffith, President and CEO of Progressive.
"After an extensive search, it was clear Lori was the right person
to assume this important position. She has a wealth of experience
and, with 19 years at Progressive, brings great continuity to this
role. Having worked with Lori over the years, I am confident she
will add tremendous value in this role and will continue to nurture
the very special culture we have here at Progressive. I am thrilled
to have her join our Executive Leadership Team."
Niederst received her bachelor's degree in
accounting from Kent State University and an MBA from Case Western
Reserve University.
About Progressive
The
Progressive Group of Insurance Companies makes it easy to
understand, buy and use auto insurance. Progressive offers choices
so consumers can reach us whenever, wherever and however it's
most convenient-online at http://www.progressive.com, by phone at
1-800-PROGRESSIVE, on a mobile device or in-person with a local
agent.
Progressive provides insurance for personal and commercial autos
and trucks, motorcycles, boats, recreational vehicles, and homes.
Home insurance is underwritten by select carriers,
including American Strategic Insurance Corp. and
subsidaries (ASI), our majority-owned subsidiaries.
Progressive is the fourth largest auto insurer in the country; a
leading seller of motorcycle and commercial auto insurance; and
through ASI, one of the top 20 homeowners carriers. Progressive
also offers car insurance online in Australia at
http://www.progressiveonline.com.au.
Founded in 1937, Progressive continues its long history of offering
shopping tools and services that save customers time and money,
like Name Your Price®,
Snapshot® and Service
Centers.
The Common Shares of The Progressive Corporation, the Mayfield
Village, Ohio-based holding company, trade publicly at
NYSE:PGR.
Investor Contact:
Julia
Hornack
(440) 395-2164
Media Contact:
Jeff
Sibel
(440) 395-0803
The Progressive Corporation
6300 Wilson Mills Road
Mayfield Village, Ohio 44143
http://www.progressive.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: The Progressive Corporation via Globenewswire
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