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MAYFIELD VILLAGE, OH—The Progressive Corporation (NYSE:PGR) announced the departure of board member Danelle M. Barrett, effective August 21, 2024, due to personal health reasons. Barrett's resignation was not due to any disagreements with the company or its board, as confirmed by the company's recent SEC filing.
Barrett, who has been a part of Progressive's Board and a member of the Technology Committee, has been recognized for her valuable contributions and dedicated service. Lawton Fitt, the Chairperson of the Board, expressed gratitude for Barrett's work, noting her "thoughtful insights and perspectives," and extended well-wishes to her and her family during this time.
The company's SEC filing on August 23, 2024, detailed Barrett's departure and emphasized that it was a personal decision. The filing also included standard financial statements and exhibits as part of the regulatory requirements.
Progressive Corp, a leader in the insurance industry with its headquarters in Mayfield Village, Ohio, operates under the SIC code for Fire, Marine, & Casualty Insurance. The company's common stock is traded on the New York Stock Exchange under the symbol PGR.
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