United States

People: Progressive Corp (PGR.N)

PGR.N on New York Stock Exchange

18 Jan 2017
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$0.37 (+1.03%)
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Sauerland, John 

Mr. John P. Sauerland is Chief Financial Officer, 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 1,549,620
Restricted Stock Awards, USD 3,560,100
Long-Term Incentive Plans, USD --
All Other, USD 12,750
Fiscal Year Total, USD 5,122,460

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --