Protective CEO Johnson departs following Progressive takeover
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Protective CEO Johnson departs following Progressive takeover

progressive-protective-logos-cleveland-ohio.jpg

Protective CEO Jeremy Johnson has stepped down from the position at the commercial auto-focused carrier effective last Friday.

Johnson’s departure follows auto firm Progressive Corporation’s acquisition of the Indiana-based insurer for $338mn.

First revealed by this publication, the deal was expected to close before the end of Q3 last year subject to regulatory approvals.

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