Edition:
United States

People: Progressive Corp (PGR.N)

PGR.N on New York Stock Exchange

32.94USD
25 Jul 2016
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Renwick, Glenn 

Mr. Glenn M. Renwick has been appointed as Executive Chairman of the Board of the Company, effective July 01, 2016. He is no longer President, Chief Executive Officer effective July 1, 2016. Mr. Renwick has almost 30 years of experience working in significant management positions at Progressive. He served as Chief Executive Officer of insurance operations in 2000 and has served as the Chief Executive Officer of the company since 2001. Mr. Renwick has served in a variety of operating roles during his tenure at Progressive, including product manager, the head of the company's marketing organization, and business technology leader.

Basic Compensation

Total Annual Compensation, USD 2,550,000
Restricted Stock Awards, USD 7,500,020
Long-Term Incentive Plans, USD --
All Other, USD 93,527
Fiscal Year Total, USD 10,143,600

Options Compensation

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