Knowledge (XXG)

Peter B. Lewis

Source πŸ“

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of Progressive. Lewis became chief executive officer of a company which had 40 employees at that time. He subsequently grew the business and, by the 1960s, Progressive had over 100 employees and $ 6 million in annual revenue. Lewis focused on insuring high-risk drivers β€” where premiums were greater β€”
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using an innovative pricing system and consumer-friendly service offering competitor quote matching and instant claims service. He also brought in a slew of young, enthusiastic workers and devolved decision-making downward, fostering a relaxed yet disciplined and creative corporate culture.
407:. Lewis pleaded guilty to three charges and paid a substantial fine, though under New Zealand law he was not required to serve time in jail or prison. According to his lawyer, Marie Dyhrberg, Lewis used the marijuana on the advice of his doctor for pain relief after the partial 380:. Although Lewis often gave substantial gifts to artistic and educational organizations, he also had a reputation for β€” often forcefully β€” insisting that such organizations be financially accountable and financially sound; in 2002, Lewis said he would no longer give to Case or 388:
neighborhood or to any Cleveland Charities due to poor civic and organizational leadership and management. While he did restrict Cleveland giving, he did not follow through completely on that threat.
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in 1974 at Progressive's office in Mayfield Village. Lewis's personal and corporate contemporary art collection is well known β€” the corporate collection is displayed at Progressive Insurance offices.
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After college, Lewis joined Progressive Insurance as an underwriting trainee. In 1965, he and his mother borrowed $ 2.5 million, pledging their majority stake as collateral, and completed a
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Lewis frequently donated money to charities and liberal political groups. He was a patron of the arts, even going so far as to display Andy Warhol's 10-part series of China's Chairman
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As of 2010, Progressive had grown to 27,250 employees, with sales of $ 15.0 billion and had become the third-largest auto insurance company in the
439:. Since 1985, his ex-wife Toby, who had worked at the Cleveland Center for Contemporary Art, took over the expansive Progressive art collection. 701: 526: 932: 947: 880: 937: 922: 630: 419:
In 1955, Lewis married Toby Devan. They amicably divorced in 1981. They had three children: Ivy, Jonathan and Adam Joseph. He had homes in
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Cleveland Plain Dealer: "Dan Gilbert, Peter B. Lewis join 'Giving Pledge' to donate some of fortunes" By Michael K. McIntyre
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in 1955 after completing a senior thesis titled "The Financially Irresponsible Motorist -a Problem in Practical Politics."
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Cleveland Plain Dealer: "Peter Lewis is praised at his funeral for his drive, creativity and generosity" By Steven Litt
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American Policy Roundtable: "Peter B. Lewis: This lone ranger has nothing to hide from the Plain Dealer" by Steven Litt
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with Jack Green in 1937 β€” was grooming Lewis to work at the company when he died at age 48 while Lewis was a junior at
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Cleveland Plain Dealer: "Insurance executive Peter B. Lewis dies at age 80", by Steven Litt November 23, 2013
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designed science library, $ 60 million; the Lewis-Sigler Institute for Integrative Genomics, $ 55 million;
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Peter B. Lewis Building, another Frank Gehry design, $ 36.9 million, out of $ 61.7 total building cost)
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and was one of the main financial backers of the campaign to legalize the use of marijuana for
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Cleveland Jewish News: "Bronfman, other Jewish philanthropists, sign Giving Pledge"
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In September 2013, he married his long-time companion, Janet Rosel of Cleveland.
809:"Peter Lewis is praised at his funeral for his drive, creativity and generosity" 449:, on November 23, 2013, twelve days after his 80th birthday. He was interred at 400: 266: 258:
promising to give at least half his wealth to charity. Lewis made donations to:
240: 861:"Peter B. Lewis, Philanthropist Who Led Progressive Auto Insurance, Dies at 80" 473:
Capital Research Center: Peter B. Lewis: "β€œAviator” of the Left?" by John Gizzi
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use in the United States. In January 2000, Lewis was arrested and charged in
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Crains Cleveland: "Peter Lewis -Chairman, Progressive Corp" By ARIELLE KASS
671:"Oberlin Names New Hotel and Conference Center in Honor of Peter B. Lewis" 326:-sponsored MDMA/PTSD Research in the US, Switzerland and Israel $ 750,000 576:"The Financially Irresponsible Motorist -a Problem in Practical Politics" 365: 329: 881:"FPO chief explains tragic ending" by Daniel Chang and Gail Meadows 391:
Lewis was an advocate of taxing and regulating the use and sale of
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of Progressive, though he remained as chairman of the board.
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also known as the Regulate, Control & Tax Cannabis Act (
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Menorah Park (Peter B. Lewis Aquatic & Therapy Center)
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Multidisciplinary Association for Psychedelic Studies
490: 488: 161:(November 11, 1933 β€“ November 23, 2013) was an 545: 543: 541: 539: 372:, former chairman of the board of directors at the 146: 130: 120: 109: 101: 86: 76: 57: 28: 21: 767: 765: 645:"A pot-loving billionaire joins the Giving Pledge" 309:matching his $ 10 and $ 2.5 million, respectively) 273:, $ 101 million. Total $ 233 million to date.) 847:Forbes: The World's Billionaires: Peter Lewis 193:. He graduated with an A.B. in politics from 8: 445:Lewis died of a heart attack at his home in 889:, The Cleveland Free Times, March 10, 2004 859:Fitzsimmons, Emma G. (November 24, 2013). 18: 759:, The New Zealand Herald, August 31, 2000 225:Philanthropy and political contributions 465: 354:with contributions totaling $ 2,038,700 737:Cleveland Plain Dealer (Cleveland.com) 592: 581: 928:21st-century American philanthropists 887:"Who owns Cleveland?" by Thomas Kelly 828:. Associated Press. November 23, 2013 289:(Donated $ 3,000,000 to MPP in 2007.) 7: 958:Cleveland Heights High School alumni 953:20th-century American businesspeople 165:businessman who was the chairman of 963:People from Cleveland Heights, Ohio 700:Litt, Steven (September 29, 2002). 254:In September 2012 Lewis signed the 647:. Fortune Magazine. Archived from 562:Progressive Insurance: Our History 14: 807:Litt, Peter (November 26, 2013). 613:. Case Western Reserve University 883:, The Miami Herald, May 25, 2003 772:Cleveland Clinic: Peter B. Lewis 281:Weatherhead School of Management 245:Weatherhead School of Management 124:Toby Devan (1955-1981; divorced) 277:Case Western Reserve University 249:Case Western Reserve University 731:Litt, Steven (July 10, 2012). 574:Lewis, Peter Benjamin (1955). 313:American Civil Liberties Union 1: 933:Businesspeople from Cleveland 191:Cleveland Heights High School 167:Progressive Insurance Company 115:Progressive Insurance Company 948:Burials at Mayfield Cemetery 217:. In 2000, Lewis retired as 938:Princeton University alumni 923:American cannabis activists 826:"Peter B. Lewis dead at 80" 675:Oberlin College News Center 347:of $ 159,005 on 10/15/2010) 247:Peter B. Lewis Building at 989: 968:21st-century American Jews 352:Washington Initiative 502 271:Lewis Center for the Arts 774:retrieved March 23, 2013 564:retrieved March 23, 2013 339:Support of California's 287:Marijuana Policy Project 173:Early life and education 943:Progressive Corporation 913:American art collectors 482:retrieved July 23, 2012 455:Cleveland Heights, Ohio 378:Cleveland Museum of Art 299:America Coming Together 706:Cleveland Plain Dealer 591:Cite journal requires 447:Coconut Grove, Florida 251: 177:Lewis was raised in a 69:Coconut Grove, Florida 918:American billionaires 293:The Guggenheim Museum 239: 187:Progressive Insurance 712:on 23 September 2015 411:of his leg in 1998. 370:Princeton University 319:The Democratic Party 263:Princeton University 195:Princeton University 159:Peter Benjamin Lewis 91:Princeton University 33:Peter Benjamin Lewis 16:American businessman 142:--Adam Joseph Lewis 865:The New York Times 651:on 28 October 2012 633:September 20, 2012 533:September 29, 2002 529:2015-09-23 at the 497:September 24, 2012 478:2012-01-31 at the 403:for possession of 252: 126:Janet Rosel (2013) 786:November 26, 2013 643:Loomis, Carol J. 451:Mayfield Cemetery 386:University Circle 374:Guggenheim Museum 183:Cleveland Heights 156: 155: 61:November 23, 2013 43:November 11, 1933 980: 869: 868: 856: 850: 844: 838: 837: 835: 833: 822: 821: 819: 813:The Plain Dealer 804: 798: 793: 787: 781: 775: 769: 760: 754: 748: 747: 745: 743: 728: 722: 721: 719: 717: 708:. 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Archived from 667: 661: 660: 658: 656: 640: 634: 628: 622: 621: 619: 618: 607: 601: 600: 594: 589: 587: 579: 571: 565: 559: 553: 547: 534: 521: 498: 492: 483: 470: 207:leveraged buyout 140:--Jonathan Lewis 64: 42: 40: 19: 988: 987: 983: 982: 981: 979: 978: 977: 893: 892: 877: 872: 858: 857: 853: 845: 841: 831: 829: 824: 817: 815: 806: 805: 801: 794: 790: 782: 778: 770: 763: 755: 751: 741: 739: 730: 729: 725: 715: 713: 699: 698: 694: 684: 682: 681:on 21 June 2014 669: 668: 664: 654: 652: 642: 641: 637: 629: 625: 616: 614: 609: 608: 604: 590: 580: 573: 572: 568: 560: 556: 548: 537: 531:Wayback Machine 522: 501: 493: 486: 480:Wayback Machine 471: 467: 463: 433:Aspen, Colorado 417: 358:Oberlin College 227: 203: 175: 151: 141: 139: 137: 125: 87:Alma mater 72: 66: 62: 53: 47:Cleveland, Ohio 44: 38: 36: 35: 34: 24: 17: 12: 11: 5: 986: 984: 976: 975: 973:Jews from Ohio 970: 965: 960: 955: 950: 945: 940: 935: 930: 925: 920: 915: 910: 905: 895: 894: 891: 890: 884: 876: 875:External links 873: 871: 870: 851: 849:September 2013 839: 799: 788: 776: 761: 749: 723: 692: 662: 635: 623: 602: 593:|journal= 566: 554: 535: 499: 484: 464: 462: 459: 416: 413: 362: 361: 355: 348: 341:Proposition 19 337: 332: 327: 321: 316: 310: 296: 295:($ 50 million) 290: 284: 274: 226: 223: 202: 199: 174: 171: 154: 153: 148: 144: 143: 132: 128: 127: 122: 118: 117: 111: 110:Known for 107: 106: 103: 99: 98: 88: 84: 83: 78: 74: 73: 67: 65:(aged 80) 59: 55: 54: 45: 32: 30: 26: 25: 23:Peter B. Lewis 22: 15: 13: 10: 9: 6: 4: 3: 2: 985: 974: 971: 969: 966: 964: 961: 959: 956: 954: 951: 949: 946: 944: 941: 939: 936: 934: 931: 929: 926: 924: 921: 919: 916: 914: 911: 909: 906: 904: 901: 900: 898: 888: 885: 882: 879: 878: 874: 866: 862: 855: 852: 848: 843: 840: 827: 814: 810: 803: 800: 797: 792: 789: 785: 780: 777: 773: 768: 766: 762: 758: 753: 750: 738: 734: 727: 724: 711: 707: 703: 696: 693: 680: 676: 672: 666: 663: 650: 646: 639: 636: 632: 627: 624: 612: 606: 603: 598: 585: 577: 570: 567: 563: 558: 555: 551: 546: 544: 542: 540: 536: 532: 528: 525: 520: 518: 516: 514: 512: 510: 508: 506: 504: 500: 496: 491: 489: 485: 481: 477: 474: 469: 466: 460: 458: 456: 452: 448: 443: 440: 438: 434: 430: 429:New York City 426: 422: 415:Personal life 414: 412: 410: 406: 402: 398: 394: 389: 387: 383: 379: 375: 371: 367: 359: 356: 353: 349: 346: 342: 338: 336: 333: 331: 328: 325: 322: 320: 317: 314: 311: 308: 304: 300: 297: 294: 291: 288: 285: 282: 278: 275: 272: 268: 264: 261: 260: 259: 257: 256:Giving Pledge 250: 246: 242: 238: 234: 232: 224: 222: 220: 216: 215:United States 211: 208: 200: 198: 196: 192: 188: 184: 180: 172: 170: 168: 164: 160: 149: 145: 136: 133: 129: 123: 119: 116: 112: 108: 104: 100: 96: 92: 89: 85: 82: 79: 75: 70: 60: 56: 52: 48: 31: 27: 20: 864: 854: 842: 830:. Retrieved 816:. Retrieved 812: 802: 791: 779: 752: 740:. Retrieved 736: 726: 714:. Retrieved 710:the original 705: 695: 683:. Retrieved 679:the original 674: 665: 653:. Retrieved 649:the original 638: 626: 615:. Retrieved 605: 584:cite journal 569: 557: 552:May 24, 2010 468: 444: 441: 436: 418: 390: 364:Lewis was a 363: 350:Support for 315:$ 15 million 307:George Soros 253: 228: 212: 204: 176: 158: 157: 150:Joseph Lewis 134: 63:(2013-11-23) 908:2013 deaths 903:1933 births 742:12 February 716:12 February 437:Lone Ranger 401:New Zealand 267:Frank Gehry 241:Frank Gehry 152:Helen Lewis 138:--Ivy Lewis 135:with Devan: 105:Businessman 77:Nationality 897:Categories 655:25 October 617:2013-11-24 461:References 409:amputation 303:MoveOn.org 231:Mao Zedong 181:family in 102:Occupation 39:1933-11-11 832:March 20, 818:March 20, 425:Cleveland 405:marijuana 393:marijuana 382:Cleveland 147:Parent(s) 121:Spouse(s) 527:Archived 476:Archived 345:Donation 335:Traction 163:American 131:Children 81:American 685:13 June 397:medical 366:trustee 113:CEO of 431:, and 305:(with 201:Career 179:Jewish 71:, U.S. 421:Miami 279:(The 834:2016 820:2016 744:2018 718:2018 687:2014 657:2012 597:help 301:and 95:A.B. 58:Died 51:U.S. 29:Born 823:; 453:in 384:'s 368:of 265:(A 243:'s 219:CEO 899:: 863:. 811:. 764:^ 735:. 704:. 673:. 588:: 586:}} 582:{{ 538:^ 502:^ 487:^ 427:, 423:, 169:. 49:, 867:. 836:. 746:. 720:. 689:. 659:. 620:. 599:) 595:( 578:. 97:) 93:( 41:) 37:(

Index

Cleveland, Ohio
U.S.
Coconut Grove, Florida
American
Princeton University
A.B.
Progressive Insurance Company
American
Progressive Insurance Company
Jewish
Cleveland Heights
Progressive Insurance
Cleveland Heights High School
Princeton University
leveraged buyout
United States
CEO
Mao Zedong

Frank Gehry
Weatherhead School of Management
Case Western Reserve University
Giving Pledge
Princeton University
Frank Gehry
Lewis Center for the Arts
Case Western Reserve University
Weatherhead School of Management
Marijuana Policy Project
The Guggenheim Museum

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