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President and Chief Executive Officer
Safeco Corporation
Paula Rosput Reynolds is president and chief executive officer of Safeco Corporation (NASDAQ: SAFC) a Fortune 500 property and casualty insurance company with headquarters in Seattle.
Before joining Safeco in January 2006 Reynolds was chairman president and chief executive officer of AGL Resources an Atlanta-based energy services holding company that includes six natural gas utility companies wholesale services and energy investments. During her five-year tenure as CEO AGL Resources expanded from a regional gas utility to a multi-state integrated energy company. Under her leadership the company doubled its share price and market capitalization and increased its dividend by 37 percent.
Active in the business community Reynolds serves the boards of directors of Coca-Cola Enterprises and Delta Air Lines as well as Safeco.
Reynolds previously served as president and CEO of Houston-based Duke Energy North America which operates power-generating facilities across the United States; and as senior vice president of Pacific Gas Transmission Company which owns and operates a major natural gas pipeline that runs through the Pacific Northwest.
Reynolds graduated with highest honors in economics from Wellesley College in Massachusetts. She worked as an economist with a Boston consulting firm before entering the energy industry in 1979.
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