Safeco announced today it has chosen a veteran of the utility industry, Paula Rosput Reynolds, to head the Seattle-based insurer.
Ms. Reynolds will take over as the company's new president and chief executive officer effective Jan. 1, 2006. Reynolds also was appointed to Safeco's board of directors, the company said.
She will replace Mike McGavick who is stepping down to run for the Washington State U.S. Senate seat.
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