Paula Rosput Reynolds, named to take over as Safeco chief executive officer in January, said she has no contract for the post because "I'm going to live and die by my performance."
Ms. Reynolds, who was announced yesterday as the Seattle-based insurer's replacement for Mike McGavick as of Jan. 1, 2006, said that she has no signed agreement and neither she nor the company board of directors intends to enter into one.
She wants to function in her post based on results and without a contract, "because that's how I'm wired," she explained.
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
Already have an account? Sign In Now
© 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.
