20th Century Industries announces resignation of Charles I. Petit.WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Aug. 17, 1995--20th Century Industries (NYSE NYSE See: New York Stock Exchange :TW), the Woodland Hills-based insurance holding company, announced the resignation of Charles I. Petit, vice president and chief actuary, effective Aug. 31, 1995. Petit will leave to direct the West Coast property/casualty actuarial practice of KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen Peat Marwick, LLP LLP - Lower Layer Protocol . ``Chuck has been an integral part of the 20th Century management team, and his expertise and dedication have contributed greatly to the company,'' said William L. Mellick, president and chief executive officer. ``I wish him all the best on his future endeavors.'' 20th Century Industries is a publicly held company traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the trading symbol Trading symbol See: Ticker symbol TW. Wholly owned subsidiaries are 20th Century Insurance Co., which markets automobile and excess liability insurance; and 21st Century Casualty Co., which markets automobile insurance. Both insurance subsidiaries sell directly to consumers without agents. 20th Century Industries and subsidiaries' offices are located at 6301 Owensmouth Ave., Woodland Hills, Calif. 91367; 818/704-3514. CONTACT: 20th Century Industries, Woodland Hills Rick Dinon/Ric Hill, 818/704-3514 or Fleishman Hillard Inc., Los Angeles Jeanne Ouellette/Rob Williams, 213/629-4974 |
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