Shares of Zions Bancorp (NASDAQ:ZION) ended Wednesday session in green amid volatile trading. The shares closed up +0.12 points or 0.40% at $29.99 with 2.77 million shares getting traded. Post opening the session at $30.00, the shares hit an intraday low of $29.63 and an intraday high of $30.20 and the price vacillated in this range throughout the day. The company has a market cap of $6.15 billion and the numbers of outstanding shares have been calculated to be 205.11 million shares.
Zions Bancorp (ZION) on Aug. 5, 2016 announced that Gary L. Crittenden has been elected to its board of directors.
Mr. Crittenden is a Managing Director and Chairman of HGGC, a leading private equity firm headquartered in Palo Alto, California, that focuses on middle market companies. Mr. Crittenden was the Chief Financial Officer of Citigroup from 2007 to 2009, where he was responsible for the financial leadership of the company during the global economic crisis. Mr. Crittenden was also CFO of American Express Company from 2000 to 2007, and previously was CFO of Monsanto, Sears Roebuck and Company, Melville Corporation and Filene’s Basement. The readers of Institutional Investor Magazine named him one of the “Best CFOs in America” on three separate occasions. Mr. Crittenden began his career at Bain & Company, where he eventually headed the firm’s retail consulting practice.
“We’re very pleased that Gary Crittenden is joining our board of directors,” said Harris H. Simmons, Zions Bancorporation’s Chairman and CEO. “His deep financial experience will provide an invaluable perspective to us as we continue to build a banking organization of enduring strength.”
Mr. Crittenden commented, “I am delighted and honored to become part of Zions Bancorporation’s board, an institution with a rich heritage and deep roots in the many communities that it serves. I look forward to serving with my fellow board members to support its continued strength and financial success.”
Shares of Progressive Corp (NYSE:PGR) ended Wednesday session in green amid volatile trading. The shares closed up +0.17 points or 0.55% at $31.19 with 3.11 million shares getting traded. Post opening the session at $31.11, the shares hit an intraday low of $30.88 and an intraday high of $31.21 and the price vacillated in this range throughout the day. The company has a market cap of $18.10 billion and the numbers of outstanding shares have been calculated to be 581.92 million shares.
Progressive Corp (PGR) provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segments products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The companys Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis.