Progressive Says Miller Steps Down From Board

Progressive Corp. said Heidi Miller, a former president at JPMorgan Chase & Co. (JPM), has stepped down from the insurer’s board after being named a director at HSBC Holdings Plc.

“We were sorry to hear of her decision to resign, but understand she has accepted another board opportunity whose meetings conflict with those of our board,” Glenn Renwick, the chairman and chief executive officer of Mayfield Village, Ohio-based Progressive said in a statement today.

To contact the reporter on this story: Kelly Gilblom in New York at kgilblom@bloomberg.net

To contact the editors responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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