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01 Jul

AAA NCNU NAMES DOWNEY CEO

The McGlynn: That’s My Gal !……..Oops…That’s Our Gal !!!!

Walnut Creek, Calif., July 1, 2010 – Current company president Paula F. Downey has been named chief executive officer of AAA Northern California, Nevada and Utah and its insurance affiliate, the California State Auto Group.  

 Downey is the only female chief executive among top property and casualty insurance companies. She heads the second-largest club and insurance company in the national AAA federation, with more than $2.6 billion in annual revenue and over 4.2 million members. The insurance company offers insurance services through partnerships with other AAA clubs to more than 10 million members in 18 states. Downey succeeds James Pouliot, who will focus full-time on his role as chief executive officer of AAA Club Affiliates, a holding company established as a consolidation vehicle for other AAA clubs.

“Paula’s leadership has been critical to the company’s success and growth, particularly during a difficult economy,” said Vivian Stephenson, chairperson of AAA NCNU’s board of directors. “She’s played a pivotal role in the opening of AAA NCNU’s new headquarters as well as enhancing the company’s financial strength, which is reflected in the renewal of the company’s A+ rating from worldwide insurance rating agency A.M Best.”

“I am honored to take on the role of CEO and eager to continue building on AAA NCNU’s strong track record of excellent customer service to AAA members and policyholders,” said president and CEO Paula Downey.  

Downey joined AAA NCNU as chief financial officer in April 2000 after more than 25 years with AAA Michigan. In 2003, she moved into the role of chief operating officer and in 2005 she was named the company’s president. As CEO, she will be responsible for all aspects of the multi-state organization, which provides insurance, travel and automotive services to its members.

Downey serves on the boards of BRE Properties Inc. and the Bay Area Council. She served as chair of the Transportation Committee of the Bay Area Council (2007-2008) and is a Board Associate for the Golden Gate National Parks Conservancy. Downey has been recognized for the past five years as one of the Bay Area’s 100 Most Influential Women in Business by the San Francisco Business Times. She received the Corporate Leader Award on behalf of AAA NCNU from Leadership California in May, 2010. She also received the Diversity Best Practices 2008 CEO Leadership Award and the 2006 Spirit of Achievement Award from Junior Achievement.

She received a bachelor’s degree in accounting from University of Michigan, Dearborn, and her master’s in business administration from the University of Michigan, Ann Arbor. Downey is a resident of San Rafael, California. She and her husband Michael have one daughter, Sara.

      AAA Northern California, Nevada and Utah offers a wide array of automotive, travel, insurance, DMV, financial services and consumer discounts to over 4.2 million members. AAA has been a leader and advocate for the safety and security of all travelers since it was founded more than 100 years ago.  ###

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mary

Way to go, Paula!!! Congratulations and all the best to you, Michael, and Sara!

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