Board of directors (11)
Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.
Executive officers (15)
Company facts
- Chair
- —
- In S&P 500 since
- Aug 1997
- Incorporated in
- OH
- Fiscal year ends
- December
- SEC industry
- Fire, Marine & Casualty Insurance
- SEC filings
- EDGAR
Connections to other S&P 500 companies
Current directors and officers who also hold a role at another S&P 500 company.
Major holders (5% or more)
Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.
No 5% holder filings parsed yet for this company.
Insider trades
Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Oct 22, 2026 | Steven Broz Chief Information Officer | Sale | 1,225 | $223.32 | $274K |
| Sep 24, 2026 | Steven Broz Chief Information Officer | Sale | 1,225 | $204.29 | $250K |
| Sep 1, 2026 | Susan Patricia Griffith President and CEO | Sale | 37,338 | $219.50 | $8.2M |
| Aug 20, 2026 | Steven Broz Chief Information Officer | Sale | 1,225 | $219.40 | $269K |
| Aug 13, 2026 | Lori A. Niederst Chief Personal Lines Officer | Sale | 7,339 | $209.29 | $1.5M |
| Jul 28, 2026 | Andrew J. Quigg VP and Chief Financial Officer | Sale | 3,499 | $220.00 | $770K |
| Jul 27, 2026 | John Jo Murphy Claims President | Sale | 8,124 | $212.70 | $1.7M |
| Jul 27, 2026 | Susan Patricia Griffith President and CEO | Sale | 37,338 | $212.71 | $7.9M |
| Jul 27, 2026 | Jonathan S. Bauer Chief Investment Officer | Sale | 2,242 | $212.71 | $477K |
| Jul 27, 2026 | Karen Bailo Commercial Lines President | Sale | 8,452 | $212.71 | $1.8M |
| Jul 23, 2026 | Steven Broz Chief Information Officer | Sale | 1,156 | $205.17 | $237K |
| Jun 24, 2026 | Jeffrey D. Kelly Director | Sale | 7,000 | $216.33 | $1.5M |
| Jun 22, 2026 | Steven Broz Chief Information Officer | Sale | 1,157 | $204.76 | $237K |
| Jun 5, 2026 | John Jo Murphy Claims President | Sale | 5,916 | $200.00 | $1.2M |
| Jun 5, 2026 | Steven Broz Chief Information Officer | Sale | 1,157 | $200.00 | $231K |
| Apr 16, 2026 | Devin C. Johnson Director | Sale | 980 | $203.10 | $199K |
| Mar 20, 2026 | Carl G. Joyce Chief Accounting Officer | Sale | 270 | $206.50 | $56K |
| Mar 5, 2026 | Carl G. Joyce Chief Accounting Officer | Sale | 141 | $212.00 | $30K |
| Mar 5, 2026 | Karen Bailo Commercial Lines President | Sale | 3,517 | $212.00 | $746K |
| Feb 24, 2026 | Maribel Pumarejo Chief Marketing Officer | Sale | 739 | $203.25 | $150K |
| Feb 23, 2026 | Jonathan S. Bauer Chief Investment Officer | Sale | 2,266 | $203.05 | $460K |
| Jan 21, 2026 | Andrew J. Quigg VP and Chief Financial Officer | Sale | 1,649 | $204.35 | $337K |
| Jan 21, 2026 | Jonathan S. Bauer Chief Investment Officer | Sale | 3,105 | $204.35 | $635K |
| Dec 19, 2025 | Steven Broz Chief Information Officer | Sale | 1,344 | $224.80 | $302K |
| Nov 28, 2025 | John P. Sauerland VP and Chief Financial Officer | Sale | 5,000 | $228.48 | $1.1M |
Board and executive changes
Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.
- Jun 17, 2026
(b) On June 17, 2026, The Progressive Corporation (the “Company”) announced that Patrick K. Callahan intends to retire from his role as Personal Lines President in January 2027. After that time, Mr. Callahan intends to continue contributing to the Company’s success by advising the executive team on topics of strategic importance. The terms of that arrangement are under discussion. In connection with the orderly transition of the Personal Lines President role, on July 4, 2026, Lori Niederst, the Company’s CRM President, will be promoted to a newly created role of Chief Personal Lines Officer, overseeing both the Personal Lines business and the CRM operations. In addition, on July 4, 2026, Heather Day, the Company’s General Manager, Customer Experience Strategy, will become the Company’s next CRM President. The Company’s press release announcing Mr.
Read the 8-K filing - May 12, 2026
(c) Consistent with The Progressive Corporation’s (the “Company”) Form 8-K filed on January 28, 2026, and in anticipation of John P. Sauerland’s retirement on July 3, 2026, on May 8, 2026, the Board of Directors elected Andrew J. Quigg, the Company’s current Chief Strategy and Finance Management Officer, as the Company’s next Vice President and Chief Financial Officer (“CFO”), effective July 4, 2026. Mr. Quigg, 46, was our Chief Strategy Officer from July 2018 until February 2026 when he assumed his current role. The details regarding Mr. Quigg’s compensation upon assuming the CFO role have not been finalized. The Company will disclose such information in an amendment to this Form 8-K after it is determined.
Read the 8-K filing - Jan 28, 2026
(b) On January 28, 2026, the Company issued a news release announcing that John P. Sauerland, the Company's Chief Financial Officer (CFO), intends to retire from the Company on July 3, 2026, and that Andrew J. Quigg, the Company's Chief Strategy Officer, is expected to be appointed as CFO upon Mr. Sauerland's retirement. A copy of the news release is attached hereto as Exhibit 99.2.
Read the 8-K filing - Mar 10, 2025
(c) On March 7, 2025, The Progressive Corporation (the “Company”) appointed Carl G. Joyce to succeed Mariann Wojtkun Marshall as Vice President and Chief Accounting Officer. Mr. Joyce, 43, has been with the Company for 13 years, and has been Director of Financial Reporting – GAAP for more than 5 years. Mr. Joyce will receive salary, Gainshare target, and equity awards, and will participate in other benefit and compensation plans, at levels consistent with his seniority and scope of responsibility.
Read the 8-K filing - Aug 30, 2024
(b) On August 28, 2024, Mariann Wojtkun Marshall, Vice President and Chief Accounting Officer of The Progressive Corporation (the “Company”), notified the Company of her decision to retire from these positions in mid-2025, following many years of service. This announcement allows time for the Company to hire Ms. Marshall’s successor and for Ms. Marshall to assist with an orderly transition.
Read the 8-K filing - Aug 23, 2024
(b) On August 20, 2024, The Progressive Corporation (the “Company”) was informed that Danelle M. Barrett, a member of the Board of Directors (the “Board”), intended to resign from the Board. Ms. Barrett’s resignation was effective as of August 21, 2024. Ms. Barrett resigned due to personal health reasons and not as a result of any disagreement with the Company or the Board. “On behalf of the Board of Directors, I want to thank Danelle for her dedicated service and valuable contributions to our Board, including as a member of our Technology Committee,” said Lawton Fitt, Chairperson of the Board. “On a personal level, it has been an honor to work with Danelle. I have appreciated her thoughtful insights and perspectives, which she shared with passion, energy and a commitment to the Company. We hold Danelle and her family in our thoughts during this challenging time for her.”
Read the 8-K filing - May 14, 2024
(e) On May 10, 2024, the shareholders of The Progressive Corporation (the “Company”) approved The Progressive Corporation 2024 Equity Incentive Plan (the “2024 Plan”) at the Company’s Annual Meeting of Shareholders. A description of the material terms of the 2024 Plan is contained under the heading “Item 2: Proposal to Approve The Progressive Corporation 2024 Equity Incentive Plan” in the Company’s definitive proxy statement for the 2024 Annual Meeting of Shareholders filed with the Securities and Exchange Commission on March 25, 2024 and is incorporated herein by reference. Such description is qualified in its entirety by reference to the text of the 2024 Plan, a copy of which is filed as Exhibit 10 to this Current Report and is incorporated herein by reference.
Read the 8-K filing - Mar 7, 2023
(b) On March 3, 2023, Jan E. Tighe notified the Board of Directors (the “Board”) of The Progressive Corporation (the “Company”) of her intention to not stand for re-election as a director at the Company’s upcoming annual meeting of shareholders. Vice Admiral Tighe will serve out her remaining term. Her decision to not stand for re-election was not the result of any disagreement with the Company.
Read the 8-K filing - Mar 25, 2021
(e) On March 20, 2021, the Compensation Committee of the Board of Directors approved awards of restricted stock units to Mrs. Griffith, Mr. Sauerland and Mr. Callahan (each, an “NEO”) under The Progressive Corporation 2015 Equity Incentive Plan. Consistent with prior years, the awards granted to the NEOs were a combination of time-based restricted stock unit awards and performance-based restricted stock unit awards. After a review of market data, the following significant changes were made to the terms of these awards to align more closely with the market (these changes apply to annual awards made to all equity eligible employees): Time-Based Awards: • Death . Under awards granted in 2020, if an NEO died, the award vested to the extent that it would have vested if the officer had remained employed for the 12 months following death.
Read the 8-K filing - Mar 10, 2021
(b) On March 5, 2021, Patrick H. Nettles, Ph.D. informed The Progressive Corporation (the "Company") of his decision to retire from the Company’s Board of Directors when his current term ends on the date of the Company’s annual shareholders meeting to be held on May 7, 2021. Dr. Nettles has been a director since 2004. Dr. Nettles’ decision is not the result of any disagreement with the Company or the Board of Directors.
Read the 8-K filing - Jan 15, 2021
(b) and (e): On January 12, 2021, John A. Barbagallo and The Progressive Corporation (the “Company”) reached an agreement to delay Mr. Barbagallo’s retirement until January 2022. Mr. Barbagallo has been serving as President of the Company’s Commercial Lines business unit and initially intended to retire in January 2021. The Company announced in October 2020 that Karen Bailo will succeed Mr. Barbagallo as Commercial Lines President. During the upcoming year, Mr. Barbagallo will support various Strategy Group efforts on a part-time basis. The Compensation Committee has approved a revised annual base salary for Mr. Barbagallo of $350,000 and affirmed his Gainsharing target of 100%. He will not receive any restricted stock unit awards during 2021. Mr. Barbagallo will remain eligible for additional employee benefits as described in the Company’s proxy statement filed on March 30, 2020.
Read the 8-K filing - Nov 10, 2020
(d) On November 9, 2020, The Progressive Corporation's (the "Company") Board of Directors elected Devin Johnson, 47, to fill a vacancy on the Board of Directors, effective November 9, 2020. His term of office will expire at the Company’s Annual Meeting of Shareholders in 2021. He has not yet been appointed to serve on any committee of the Board. There are no transactions between Mr. Johnson and the Company that would be reportable under Item 404(a) of Regulation S-K. There are no arrangements or understandings between Mr. Johnson and any other person pursuant to which he was elected as a director. His compensation as a director will be provided on the same basis as that provided to the Company’s other non-employee directors, as further described in the Company’s Proxy Statement dated March 30, 2020, at pages 51-53. Mr.
Read the 8-K filing - Mar 26, 2020
(e) On March 23, 2020, the Compensation Committee of the Board of Directors approved awards of restricted stock units to the company’s named executive officers and certain other senior employees of the company, under The Progressive Corporation 2015 Equity Incentive Plan. Consistent with prior years, the awards granted to named executive officers were a combination of time-based restricted stock unit awards and performance-based restricted stock unit awards. No significant changes were made to the terms of these awards, compared to similar awards described in the company’s proxy statement dated March 29, 2019, except that with respect to time-based restricted stock unit awards granted to a named executive officer who is eligible for a qualified retirement will now vest with respect to 50% of the unvested award when the executive retires.
Read the 8-K filing - Dec 11, 2019
(b) On December 9, 2019, John A. Barbagallo notified The Progressive Corporation (the "Company") that he has decided to retire in January 2021. Mr. Barbagallo has served as President of the Company’s Commercial Lines business unit for over 12 years and is one of its named executive officers. This announcement allows lead time for the Company to conduct a search for Mr. Barbagallo’s replacement and to assist with the orderly transition of duties to his successor.
Read the 8-K filing - Dec 12, 2018
(b) On December 6, 2018, William M. Cody notified the company that he has decided to retire in January 2020. Mr. Cody has served as the company’s Chief Investment Officer for over 15 years and is one of its named executive officers. This notice allows lead time for the company to conduct a search for Mr. Cody’s replacement and to assist with the orderly transition of duties to his successor.
Read the 8-K filing
Show 11 older changes
- Aug 23, 2018
(b) On August 20, 2018, Jeffrey W. Basch notified the company of his decision to retire as Vice President and Chief Accounting Officer in mid-2019 following many years of service. This announcement allows time for the company to hire Mr. Basch’s successor and for Mr. Basch to assis t with an orderly transition. (e) The Compensation Committee (the “Committee”) of the Board of Directors has determined that the special performance-based awards granted in August 2015 to Susan Patricia Griffith, at the time of grant the Personal Lines Chief Operating Officer and now the company’s Chief Executive Officer, and to John P. Sauerland, the company’s Chief Financial Officer, will not vest despite considerable growth in the company’s bundled auto policies.
Read the 8-K filing - Mar 21, 2018
(e) On March 16, 2018, the Compensation Committee of the Board of Directors approved awards of restricted stock units to the company’s executive officers and certain other senior employees of the company, under The Progressive Corporation 2015 Equity Incentive Plan. The awards were a combination of time-based restricted stock unit awards and performance-based restricted stock unit awards, measuring either the company’s growth versus market growth or the performance of the company’s fixed-income portfolio.
Read the 8-K filing - Feb 7, 2018
(b) On February 2, 2018, Glenn M. Renwick, Chairman of the Board, announced his decision to retire from the company’s Board of Directors (the “Board”) at the end of his current term. This is consistent with the company’s multi-year succession plan for both the CEO and Chairman roles. Mr. Renwick will remain a director of the company and Chairman of the Board until the 2018 annual meeting of shareholders. Mr. Renwick’s decision is not the result of any disagreement with the company or the Board. The company’s press release announcing Mr. Renwick’s decision is included as Exhibit 99 to this Form 8-K. (d) On the same day, the Board of Directors appointed Philip Bleser to the Compensation Committee of the Board. This subsection (d) shall be deemed to update and amend the company’s Form 8-K filed on August 4, 2017 that reported Mr. Bleser’s election to the Board.
Read the 8-K filing - Aug 4, 2017
(b) On July 31, 2017, Bradley T. Sheares, Ph.D., informed the Company of his decision not to stand for re-election as a director at the Company’s 2018 Annual Meeting of Shareholders. Dr. Sheares, who has been a director since 2003, will remain a director of the Company until the 2018 Annual Meeting. Dr. Sheares’s decision is not the result of any disagreement with the Company or the Board of Directors. (d) On August 3, 2017, the Company’s Board of Directors elected Philip Bleser, 62, to fill a vacancy on the Board of Directors, effective August 4, 2017. His term of office will expire at the Company’s Annual Meeting of Shareholders in 2018. He has not yet been appointed to serve on any committee of the Board. There are no arrangements or understandings between Mr. Bleser and any other person pursuant to which he was elected as a director.
Read the 8-K filing - Jul 5, 2017
As of June 30, 2017, Glenn M. Renwick retired as an employee of the company, but continues to serve as a director and non-executive Chairman of the Board. On the same date, the Compensation Committee of the Board of Directors approved compensation for Mr. Renwick in his capacity as non-executive Chairman of the Board for the remainder of the 2017-2018 term. Mr. Renwick will receive cash in the amount of $411,250, representing pro-rated compensation, from July 2017 through the 2018 annual meeting of shareholders, of annual $470,000 compensation for non-executive Chairman of the Board. The compensation will be paid to Mr.
Read the 8-K filing - May 16, 2017
(e) At a meeting held on May 11, 2017, the Compensation Committee of the Board of Directors of The Progressive Corporation (the "Company") adopted The Progressive Corporation Executive Separation Allowance Plan (2017 Amendment and Restatement) (the “Plan”), a copy of which is attached hereto as Exhibit 10. The Plan includes amendments to the former version of the Plan to reduce benefits payable under the Plan by amounts payable under existing employment agreements and individual severance agreements with employees of ARX Holding Corp. and its subsidiaries and downstream affiliates. Additional amendments removed provisions applicable to Australian employees. None of these amendments currently impact benefits available to the named executive officers identified in the Company’s Proxy Statement dated March 31, 2017.
Read the 8-K filing - Mar 27, 2017
e) On March 21, 2017, the Compensation Committee of the Board of Directors approved awards of restricted stock units to the company’s executive officers and certain other senior employees of the company, under The Progressive Corporation 2015 Equity Incentive Plan (the “Plan”). Awards were structured consistent with prior awards, as described in the company’s proxy statement dated March 25, 2016, with the following exceptions: (1) The provisions in the award agreements related to the eligibility for qualified retirement eligibility benefits have been expanded to apply to employees who reach the age of 60 and have 10 years of service to the company. Prior award agreements provided qualified retirement eligibility benefits to employees who reach the age of 55 with 15 years of service, and these provisions continue to apply to the 2017 awards.
Read the 8-K filing - Feb 21, 2017
(e) At a meeting held on February 17, 2017, the Board of Directors (the “Board”) of The Progressive Corporation (the “Company”) adopted The Progressive Corporation 2017 Directors Equity Incentive Plan (the “2017 Directors Plan”), a copy of which is attached hereto as Exhibit 10.1. The 2017 Directors Plan remains subject to approval by the Company’s shareholders. If so approved, this new plan would permit the Compensation Committee of the Board (the “Committee”) to provide equity-based compensation to the Company’s non-employee directors in the form of restricted stock, non-qualified stock options, stock in lieu of cash compensation, restricted stock units, stock appreciation rights, and dividend equivalents. The 2017 Directors Plan would reserve 500,000 of our common shares for issuance under the plan, subject to adjustment as provided in the plan.
Read the 8-K filing - Jul 6, 2016
Consistent with expectations described in the Form 8-K of The Progressive Corporation filed on May 16, 2016 (the “May Form 8-K”), on July 1, 2016, Susan Patricia (Tricia) Griffith became a director and President and Chief Executive Officer of the company. At the same time, Glenn M. Renwick became Executive Chairman of the Board of Directors (the “Board”) of the company after having served as President and Chief Executive Officer for more than 15 years. Mrs. Griffith was also appointed to the Executive Committee of the Board. Additional information regarding Mrs. Griffith, including her experience over the past five years, is incorporated herein by reference to the company’s Annual Report on Form 10-K for the year ended December 31, 2015. Also consistent with expectations described in the May Form 8-K, on July 1, 2016, Mrs.
Read the 8-K filing - May 16, 2016
Consistent with the retirement policy of The Progressive Corporation set forth in the company’s Corporate Governance Guidelines, on May 13, 2016, Mr. Stephen R. Hardis, the Lead Independent Director of the company’s Board of Directors, retired from the company’s board after 28 years of service as a director. On May 13, 2016, the independent members of the Board of Directors appointed Ms. Lawton W. Fitt as Lead Independent Director. On May 12, 2016, the company announced that Glenn M. Renwick, the company’s President and Chief Executive Officer, will retire from these positions effective July 1, 2016 (the “Effective Date”). Mr. Renwick will continue as the Company’s Executive Chairman of the Board. The company also announced that Susan Patricia (Tricia) Griffith, the company’s Personal Lines Chief Operating Officer since April 2015, will succeed Mr.
Read the 8-K filing - Feb 2, 2016
(e) On January 28, 2016, the Compensation Committee of the Board of Directors approved an amendment to The Progressive Corporation Executive Separation Allowance Plan (2015 Amendment and Restatement) (the "Plan"). A copy of the amendment is attached hereto as Exhibit 10. The Plan was amended to provide outplacement services to eligible employees according to the company’s outplacement program in effect at the time of separation. The company’s expenses for these services will not extend beyond the last day of the second calendar year following the date of separation.
Read the 8-K filing
Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021
Share price
Annual financials
From the company's 10-K XBRL data (SEC companyfacts).
| Fiscal year | Revenue | Net income | Margin | Diluted EPS | Total assets |
|---|---|---|---|---|---|
| FY2025 | $87.7B | $11.3B | 12.9% | $19.23 | $123.0B |
| FY2024 | $75.4B | $8.5B | 11.3% | $14.40 | $105.7B |
| FY2023 | $62.1B | $3.9B | 6.3% | $6.58 | $88.7B |
| FY2022 | $49.6B | $722.0M | 1.5% | $1.18 | $75.5B |
| FY2021 | $47.7B | $3.4B | 7.0% | $5.66 | $71.1B |
| FY2020 | $42.7B | $5.7B | 13.4% | $9.66 | $64.1B |
| FY2019 | $39.0B | $4.0B | 10.2% | $6.72 | $54.9B |
| FY2018 | $32.0B | $2.6B | 8.2% | $4.42 | $46.6B |
Former directors and officers (20)
People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.