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The Progressive Corporation (PGR)

NYSE - Nasdaq Real Time Price. Currency in USD
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94.26-1.80 (-1.87%)
At close: 4:00PM EST

93.99 -0.27 (-0.29%)
After hours: 4:49PM EST

The Progressive Corporation

6300 Wilson Mills Road
Mayfield, OH 44143
United States
440-461-5000
http://www.progressive.com

Sector(s)Financial Services
IndustryInsurance—Property & Casualty
Full Time Employees41,571

Key Executives

NameTitlePayExercisedYear Born
Ms. Susan Patricia GriffithPres, CEO & Director5.04MN/A1964
Mr. John Peter SauerlandVP & CFO2.38MN/A1964
Mr. John Andrew BarbagalloPres of Commercial Lines1.48MN/A1959
Mr. Patrick K. CallahanPres of Personal Lines1.85MN/A1970
Mr. Jonathan S. BauerChief Investment OfficerN/AN/A1978
Ms. Mariann Wojtkun MarshallVP, Chief Accounting Officer & Assistant Sec.N/AN/A1962
Mr. Steven Anthony BrozChief Information OfficerN/AN/A1970
Ms. Julia HornackInvestor Relations ContactN/AN/AN/A
Mr. Daniel Peter MascaroChief Legal Officer & Sec.N/AN/A1963
Mr. M. Jeffrey CharneyChief Marketing OfficerN/AN/A1959
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, and snowmobiles. The company's Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides residential property insurance for homes, condos, manufactured homes, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; home, condominium, renters, and other insurance; and business owner's policies, general liability, professional liability, and workers' compensation insurance. In addition, it offers reinsurance services. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

Corporate Governance

The Progressive Corporation’s ISS Governance QualityScore as of December 1, 2020 is 3. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 6; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.