The Progressive Corporation (PGR) today announced Jonathan Bauer as its new Chief Investment Officer, effective January 3, 2020, following the previously announced retirement of William Cody. Mr. Cody will be retiring after 23 ½ years at Progressive, including nearly 17 years as Chief Investment Officer. Jonathan Bauer joined Progressive Capital Management in 2006 and over the years has managed across a broad swath of Progressive’s investment categories.