People: Progressive Corp (PGR)
PGR on New York Consolidated
26.13USD
21 May 2013
26.13USD
21 May 2013
Price Change (% chg)
$-0.07 (-0.27%)
$-0.07 (-0.27%)
Prev Close
$26.19
$26.19
Open
$26.16
$26.16
Day's High
$26.23
$26.23
Day's Low
$25.95
$25.95
Volume
2,871,047
2,871,047
Avg. Vol
3,016,241
3,016,241
52-wk High
$26.39
$26.39
52-wk Low
$19.17
$19.17
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. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Peter Lewis |
1,580,760 |
Glenn Renwick |
9,650,540 |
Brian Domeck |
2,470,260 |
John Barbagallo |
-- |
Susan Griffith |
2,299,140 |
John Sauerland |
2,299,140 |
Valerie Krasowski |
-- |
William Cody |
1,886,160 |
Raymond Voelker |
1,170,460 |
M. Jeffrey Charney |
1,960,310 |
Jeffrey Basch |
-- |
Thomas King |
-- |
Charles Jarrett |
1,939,370 |
Stuart Burgdoerfer |
-- |
Charles Davis |
-- |
Roger Farah |
-- |
Lawton Fitt |
-- |
Stephen Hardis |
-- |
Jeffrey Kelly |
-- |
Heidi Miller |
-- |
Patrick Nettles |
-- |
Bradley Sheares |
-- |
As Of 30 Dec 2012
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 |
| Name | Shares Traded | Price |
|---|---|---|
VOELKER RAYMOND M |
20,000 | $25.06 |
BASCH JEFFREY W |
2,267 | $0.00 |
BASCH JEFFREY W |
745 | $25.17 |
NETTLES PATRICK H |
10,061 | $0.00 |
MILLER HEIDI G |
9,359 | $0.00 |
FITT LAWTON WEHLE |
9,593 | $0.00 |
SHEARES BRADLEY T |
9,359 | $0.00 |
FARAH ROGER N |
8,891 | $0.00 |
CODY WILLIAM M |
20,177 | $24.28 |
CHARNEY M JEFFREY |
4,000 | $24.50 |
CHARNEY M JEFFREY |
4,000 | $24.04 |
RENWICK GLENN MORRIS |
8,687 | $21.53 |
SAUERLAND JOHN P |
3,155 | $21.53 |
KRASOWSKI VALERIE A |
6,183 | $0.00 |
CODY WILLIAM M |
8,102 | $0.00 |
VOELKER RAYMOND M |
7,782 | $0.00 |
KRASOWSKI VALERIE A |
3,784 | $20.90 |
KING THOMAS A |
400 | $0.00 |
BASCH JEFFREY W |
1,747 | $20.90 |
DOMECK BRIAN C |
6,440 | $20.90 |
VOELKER RAYMOND M |
2,814 | $21.53 |
BASCH JEFFREY W |
2,239 | $0.00 |
GRIFFITH SUSAN PATRICIA |
8,849 | $0.00 |
KING THOMAS A |
2,569 | $20.90 |
RENWICK GLENN MORRIS |
25,700 | $0.00 |

