GEICO
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GEICO is built on ingenuity, perseverance, innovation, resilience and hard, honest work. From its humble beginnings in the midst of the Great Depression to its current place as one of the most successful companies in the nation, GEICO represents a quintessential American success story. Take a moment to review GEICO's milestones, or read the whole story and learn about the colorful people and events behind GEICO.
GEICO Milestones
- 1936 - GEICO is established by Leo and Lillian Goodwin.
- 1948 - Investment banker Lorimer Davidson joins the company and expands its pool of investors.
- 1951 - Columbia University business student Warren Buffet makes his first purchase of GEICO stock.
- 1958 - Leo Goodwin retires and is succeeded by Lorimer Davidson.
- 1959 - GEICO opens its new headquarters in Chevy Chase, MD.
- 1964 - GEICO passes the 1 million policyholder mark.
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