The Progressive Corporation (NYSE: PGR) today reported that the company’s Board of Directors elected Lawton W. Fitt as Chairperson. She joined Progressive’s Board in 2009, and has served as Lead Independent Director for the past two years. Fitt is a Retired Partner and Managing Director with Goldman Sachs. As previously announced, Progressive Chairman Glenn Renwick has retired from the Board.
Progressive is the third-largest private passenger automobile insurer in the U.S.
“I want to thank Glenn for his service to Progressive, as well as his friendship and mentorship, and wish him well in retirement,” said CEO Tricia Griffith. “And