Over the course of his career, Dane completed a wide variety of complex transactions, including numerous mergers, acquisitions and divestitures; public and private offerings of debt and equity securities; bank and vendor financing arrangements; investment transactions; joint ventures; real estate transactions; equipment purchases, sales and leases; patent and software licenses and other technology agreements; and a wide variety of operating agreements and other transactions.
Dane drafted Progressive’s first Code of Business Conduct and Ethics, and was an active member of Progressive’s Compliance and Management Risk Committees. He served as legal counsel for the Board’s Audit Committee for over a decade.
Dane is a graduate of Washington & Lee University and Cornell Law School.
Some of his accomplishments include:
Completed numerous acquisitions and divestitures (public and private) ranging in size from $90,000 to over $865 million.
Structured and completed an exchange of two groups of property- casualty insurers, with procedures to equalize the values exchanged.
Created a strategic process to help ensure the successful integration and operation of acquired businesses.
Completed numerous private placements, venture capital transactions and partnership investments.
Developed an invention disclosure, protection and exploitation program, resulting in several patents and pending patent applications.
Managed all legal aspects of a leveraged buy-out involving $770 million of debt and equity financing.
Managed over $6.0 billion in financing in public offerings and private transactions.
Participated in successful proxy contest, defeating shareholder group that controlled over 30% of outstanding shares.
Participated in the conversion of a mutual insurance company into a stock company.
Developed a process to rapidly document and acquire agency books of business. Completing 127 such transactions over a two-year period.