People: Progressive Corp (PGR.N)
25 Jul 2016
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.
|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|