People: Progressive Corp (PGR)

PGR on New York Consolidated

26.13USD
21 May 2013
Price Change (% chg)

$-0.07 (-0.27%)
Prev Close
$26.19
Open
$26.16
Day's High
$26.23
Day's Low
$25.95
Volume
2,871,047
Avg. Vol
3,016,241
52-wk High
$26.39
52-wk Low
$19.17

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Summary

Name Age Since Current Position

Peter Lewis

79 2003 Non-Executive Independent Chairman of the Board

Glenn Renwick

57 2001 President, Chief Executive Officer, Director

Brian Domeck

53 2007 Chief Financial Officer, Vice President

John Barbagallo

53 2007 President - Commercial Lines Group & Agency Operations

Susan Griffith

48 2008 President - Claims Group

John Sauerland

48 2007 President - Personal Lines Group

Valerie Krasowski

47 2008 Chief Human Resource Officer

William Cody

50 2003 Chief Investment Officer

Raymond Voelker

49 2000 Chief Information Officer

M. Jeffrey Charney

53 2010 Chief Marketing Officer

Jeffrey Basch

54 1999 Chief Accounting Officer, Vice President

Thomas King

53 2003 Vice President, Treasurer

Charles Jarrett

55 2001 Chief Legal Officer, Vice President, Secretary

Stuart Burgdoerfer

49 2009 Independent Director

Charles Davis

64 1996 Independent Director

Roger Farah

60 2008 Independent Director

Lawton Fitt

59 2009 Independent Director

Stephen Hardis

77 1988 Independent Director

Jeffrey Kelly

59 2012 Independent Director

Heidi Miller

59 2011 Independent Director

Patrick Nettles

69 2004 Independent Director

Bradley Sheares

56 2003 Independent Director

Biographies

Name Description

Peter Lewis

Mr. Peter B. Lewis is Non-Executive Independent Chairman of the Board of Progressive Corporation. He is Director since 1965. He is a founder of The Progressive Corporation, Chief Executive Officer of the company from 1965 to 2000, and a shareholder, Mr. Lewis effectively leads the Board.

Glenn Renwick

Mr. Glenn M. Renwick is President, Chief Executive Officer, Director of Progressive Corporation. Mr. Renwick has over 25 years of experience working in management positions at Progressive. He has served as the Chief Executive Officer of the company since 2001, and he continues to do so today. Mr. Renwick has served in a variety of operating roles, including as a product manager, the head of the company’s marketing organization, and as business technology leader, during his tenure at Progressive. His other directorships includes: Fiserv, Inc. and UnitedHealth Group Incorporated.

Brian Domeck

Mr. Brian C. Domeck is Chief Financial Officer, Vice President of Progressive Corp.

John Barbagallo

Mr. John A. Barbagallo is President - Commercial Lines Group & Agency Operations of Progressive Corporation., since September 2007. He served as President - Agency Group from May 2006 to September 2007; Agency Business General Manager of the Atlantic Region prior to May 2006.

Susan Griffith

Mrs. Susan Patricia Griffith is President - Claims Group of Progressive Corporation., since March 12, 2008. Mrs. Griffith, who had been Chief Human Resource Officer overseeing all Human Resources systems, policies and practices for the Corporation, first joined the Company in 1988 as a claims representative in Indianapolis. Mrs. Griffith has served in various capacities since then, including claims unit supervisor, branch manager and auditor. She has also served as a regional claims manager and as a process manager responsible for the Company's Subrogation group, the national Glass Claims Unit and the 24-hour Claims Reporting Unit. Mrs. Griffith has a bachelor's degree from Illinois State University.

John Sauerland

Mr. John P. Sauerland is President - Personal Lines Group of Progressive Corporation., since September 2007. He was Direct Group President from June 2006 to September 2007; Claims General Manager of the Midwest Region prior to June 2006.

Valerie Krasowski

Ms. Valerie A. Krasowski is Chief Human Resource Officer of Progressive Corporation., since August 6, 2008. She was Special Lines General Manager from March 2006 to August 2008; Director of Regional Marketing from March 2005 to March 2006; Director of Total Rewards prior to March 2005.

William Cody

Mr. William M. Cody is Chief Investment Officer of Progressive Corporation. He was Portfolio Manager prior to February 2003.

Raymond Voelker

M. Jeffrey Charney

Mr. M. Jeffrey Charney is Chief Marketing Officer of Progressive Corporation., since November 2010. He served as Senior Vice President and Chief Marketing Officer of Aflac Incorporated from November 2008 to October 2010; Senior Vice President and Chief Marketing Officer of QVC, Inc. prior to November 2008.

Jeffrey Basch

Thomas King

Mr. Thomas A. King is Vice President, Treasurer of Progressive Corporation. He was Investment Strategist prior to April 2003.

Charles Jarrett

Stuart Burgdoerfer

Mr. Stuart B. Burgdoerfer is Independent Director of Progressive Corporation since 2009. He is Executive Vice President and Chief Financial Officer, Limited Brands, Inc., Columbus, Ohio (retail) since April 2007. Mr. Burgdoerfer hasl experience working in leadership roles as a financial professional, including his current role as the Chief Financial Officer of the Limited Brands, Inc. and, before that, as Senior Vice President of Finance of The Home Depot, Inc.

Charles Davis

Mr. Charles A. Davis is Independent Director of Progressive Corporation since 1996. He is Chief Executive Officer, Stone Point Capital LLC, Greenwich, Connecticut (global private equity firm). Mr. Davis has broad financial, investment, and capital management experience, developed through his work at Goldman Sachs Group, investment management experience at MMC Capital, Inc., and service as Chief Executive Officer of Stone Point Capital LLC. He also has experience serving on the boards of other public and private companies. His Other Directorships includes: Current: AXIS Capital Holdings Limited and The Hershey Company. Former: Media General, Inc. and Merchants Bancshares Inc.

Roger Farah

Mr. Roger N. Farah is Independent Director of Progressive Corporation since 2008. He is President, Chief Operating Officer, and Director, Ralph Lauren Corporation, New York, New York (lifestyle products). His other directorships includes: Aetna, Inc. and Ralph Lauren Corporation.

Lawton Fitt

Ms. Lawton Wehle Fitt is Independent Director of Progressive Corporation since 2009. Ms. Fitt is Corporate Director. Ms. Fitt has experience in the areas of investment banking and risk analysis, including insight into the operation of capital markets, as a result of her work as a partner at Goldman Sachs Group. In addition, she attained executive management experience through her work as the Secretary of the Royal Academy of Arts in London. Her Other Directorships includes: Current: Ciena Corporation, The Carlyle Group, and Thomson Reuters Corporation. Former: Frontier Communications Corporation and Overture Acquisition Corporation.

Stephen Hardis

Mr. Stephen R. Hardis is Independent Director of Progressive Corporation since 1988. He is Retired Chairman and Chief Executive Officer, Eaton Corporation, Cleveland, Ohio (manufacturing); Non-Executive Chairman of the Board, Marsh & McLennan Companies, Inc., New York, New York (financial services) prior to May 2011. His other directorships includes: Current: Axcelis Technologies, Inc. and Lexmark International, Inc. Former: American Greetings Corporation, Marsh & McLennan Companies, Inc., and Nordson Corporation.

Jeffrey Kelly

Mr. Jeffrey D. Kelly is Independent Director of Progressive Corp., since October 12, 2012. Mr. Kelly is Executive Vice President and Chief Financial Officer, RenaissanceRe Holdings Ltd., Pembroke, Bermuda (reinsurance services) since July 2009; Vice Chairman and Chief Financial Officer, National City Corporation, Cleveland, Ohio (commercial banking) until August 2008.

Heidi Miller

Ms. Heidi G. Miller, Ph.D., is Independent Director of Progressive Corp., since June 16, 2011. Ms. Miller has been Retired President of International, JPMorgan Chase & Co., New York, New York (financial services) since January 2012; President of International, JPMorgan Chase & Co. from June 2010 through January 2012; Chief Executive Officer of J.P. Morgan Treasury & Securities Services, New York, New York (financial services) prior to June 2010. Her other directorships includes: General Mills, Inc.

Patrick Nettles

Dr. Patrick H. Nettles, Ph.D., is Independent Director of Progressive Corporation since 2004. He is Executive Chairman of the Board, Ciena Corporation, Linthicum, Maryland (telecommunications). Dr. Nettles has technical experience, including his experience working as an engineer and serving as a director of Ciena Corporation, a telecommunications company. He has experience and education, which includes a Ph.D. in physics, operational experience as the Chief Executive Officer of Ciena. His Other Directorships includes: Current: Axcelis Technologies, Inc. and Ciena Corporation.

Bradley Sheares

Dr. Bradley T. Sheares, Ph.D., is Independent Director of Progressive Corporation since 2003. He is Corporate Director; Former Chief Executive Officer, Reliant Pharmaceuticals, Inc., Liberty Corner, New Jersey (pharmaceutical products) during 2007. His Other Directorships includes: Current: Covance Inc., Henry Schein, Inc., and Honeywell International, Inc. Former: IMS Health Incorporated.

Options Compensation

Name Options Value

Peter Lewis

736,750 72,375,600

Glenn Renwick

1,183,873 50,846,120

Brian Domeck

22,774 168,600

John Barbagallo

0 0

Susan Griffith

37,033 384,262

John Sauerland

68,286 786,527

Valerie Krasowski

0 0

William Cody

45,120 569,610

Raymond Voelker

43,817 346,649

M. Jeffrey Charney

0 0

Jeffrey Basch

0 0

Thomas King

0 0

Charles Jarrett

237,798 0

Stuart Burgdoerfer

0 0

Charles Davis

0 0

Roger Farah

0 0

Lawton Fitt

0 0

Stephen Hardis

0 0

Jeffrey Kelly

0 0

Heidi Miller

0 0

Patrick Nettles

0 0

Bradley Sheares

0 0
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