Utility Firm Veteran To Take Safeco Helm
Safeco has chosen a veteran of the utility industry, PaulaRosput Reynolds, to take over as president and chief executiveofficer of the Seattle-based insurer on Jan. 1.
Ms. Reynolds, who was also appointed to Safeco's board, willreplace Mike McGavick, who steps down on Dec. 31 as CEO andchairman to run for the U.S. Senate. He will provide transitionservices for two months as a Safeco employee, the company said.
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