20th Century announces appointment of president.WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Nov. 2, 1994--20th Century Industries (NYSE NYSE See: New York Stock Exchange :TW), the Woodland Hills-based insurance holding company, Wednesday announced the promotion of William L. Mellick to president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Mellick was most recently executive vice president and chief operating officer. In his announcement, Neil H. Ashley, chief executive officer, noted Mellick's 15-year service with the company and praised his contribution in advancing the operations and service as the company grew from $100 million to $1 billion in premium revenue. "Bill is a hands-on executive who has played an important role in defining the character of 20th Century. His new position will assure the company remains focused on what it does best as it moves ahead," said Ashley. Mellick, 53, resides in Westlake, Calif., along with his wife and two children. He is a graduate of Ohio State University Ohio State University, main campus at Columbus; land-grant and state supported; coeducational; chartered 1870, opened 1873 as Ohio Agricultural and Mechanical College, renamed 1878. There are also campuses at Lima, Mansfield, Marion, and Newark. and has been active in a variety of industry associations. 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 Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. 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, 818/704-3595
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Fleishman-Hillard Inc., Los Angeles
Jeanne Ouellette/Rob Williams, 213/629-4974
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