Edition:
United States

People: Progressive Corp (PGR.N)

PGR.N on New York Stock Exchange

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18 Aug 2017
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Sauerland, John 

Mr. John P. Sauerland is the Chief Financial Officer and Vice President of the Company. He was President and CEO of ARX, has two adult children and a spouse of a child who were employed by a subsidiary of ARX during 2015. Using the Summary Compensation Table methodology, the collective dollar value of these employment relationships for 2015 was less than $186,000. We believe that the level of compensation is appropriate in view of each individual’s position, responsibilities, and experience and is consistent with ASI’s companywide compensation structure.

Basic Compensation

Total Annual Compensation, USD 1,687,440
Restricted Stock Awards, USD 1,650,120
Long-Term Incentive Plans, USD --
All Other, USD 12,000
Fiscal Year Total, USD 3,349,550

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

Glenn Renwick

9,793,410

Susan Griffith

6,864,150

John Sauerland

3,349,550

John Auer

--

John Barbagallo

2,271,940

Patrick Callahan

--
As Of  30 Dec 2016