Conseco Appoints New Chief Financial Officer

March 21, 2001

Conseco, Inc. has appointed Charles B. Chokel as its new chief financial officer. Chokel joins Gary Wendt’s new senior management team at Conseco after 23 years at Progressive Corp.

Chokel will also be nominated to serve on the Conseco board of directors. Most recently, Chokel served as co-CEO at Progressive responsible for investments and capital management. From 1991 to 1998, he was Chief Financial Officer at Progressive managing most corporate departments.

Additionally, he had profit and loss responsibility for diversified businesses that had 1,200 employees.

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