W. Thomas Forrester, 57, the chief financial officer for Mayfield, Ohio-based insurer Progressive has announced his intention to retire early next year.

Progressive said Mr. Forrester will serve as the company's CFO until his retirement, which is expected during the first quarter of 2007. He will participate in the certifications of the company's 2006 financial statements until then.

Glenn Renwick, chief executive officer and president, said Mr. Forrester, whom he has worked with for 20 years, will be involved in the selection of a new CFO and added the company expects the choice to be made from within the organization.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.