Olza M. (Tony) Nicely

Olza M. (Tony) Nicely
Chairman and CEO, GEICO

Last Updated: 08/22/2016

Executive Summary

Tony Nicely began his career at GEICO at age 18 in 1961 as a clerk, and he has been with the Company ever since. After working his way through college in nearly every department of the company, he became the youngest elected officer in 1972, when he was put in charge of underwriting sales and service. He held numerous other executive p (there's more...)

Personal Attributes and Interests

  • He was born on a farm in rural Virginia. He describes himself as "a country boy who got lucky in life."
  • He had to drop out of Bridgewater College because he did not have the money to continue.
  • (there's more...)

Current Focus

  • Company Snapshot:  GEICO (Government Employees Insurance Company) is a member of the Berkshire Hathaway family of companies and is the second-largest private passenger auto insurance company in the United States. G (there's more...)

Key Challenges

  • Negative Press:  GEICO was accused by the Consumer Federation of California in 2015 of failing to offer policies to low income drivers that offer the minimum amount of coverage legally required to these drivers, wh (there's more...)

Biographical Highlights

  • Born on June 26, 1943
  • Geico is widely known for its humorous and quirky ad campaigns and Nicely has been the driving force behind the brand. Advertising expenditures have increased dramatically over the past ten years as he inc (there's more...)

Other Boards and Organizations

  • Former Chairman, Board of Governors, National Association of Independent Insurers
  • Member, Board of Directors, GEICO (Government Employees Insurance Company) (1985-Present)
  • (there's more...)

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