Glenn Renwick was the former chief executive and chairman of the US insurance company Progressive Corporation. Photo: Supplied / United States Securities and Exchange Commission
Well-regarded Dunedin-born businessman Glenn Renwick has died in a multi-vehicle crash in Florida.
Renwick was the former chief executive and chairman of the US insurance company, Progressive Corporation, where he introduced initiatives to modernise the firm.
In a statement released a few days ago, Progressive said Renwick had made an "enormous" contribution to the company.
"During a highly successful 32-year career at Progressive, half of which he served as CEO, Glenn's integrity, leadership skills, business acumen, and innovative approach dramatically affected the financial and competitive position of the company," the statement said.
"Over that 32-year period, Progressive's annual revenues grew from about US$750 million [NZ$1.25 billion] in 1986 when Glenn was hired, to nearly US$27b [NZ$45b] at the time of his retirement.
"We extend our deepest condolences to Glenn's family and friends, many of whom continue to carry on his legacy with the company."
Renwick was listed by American business magazine Forbes twice as one of the 40 most admired chief executives in the world.
Despite moving to the US after graduating from university, he kept ties with New Zealand by supporting the planting of tens of thousands of trees, encouraging the re-establishment of native bird populations and promoting sustainable farming techniques.
In an obituary for Renwick published in Ohio, a link was provided for donations so that more trees could be planted in his memory.
Renwick died on 16 April, just short of his 70th birthday.
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