Progressive Management
Management criteria checks 4/4
Progressive's CEO is Tricia Griffith, appointed in Jul 2016, has a tenure of 9.42 years. total yearly compensation is $16.38M, comprised of 6.4% salary and 93.6% bonuses, including company stock and options. directly owns 0.095% of the company’s shares, worth $127.47M. The average tenure of the management team and the board of directors is 5.9 years and 11.2 years respectively.
Key information
Tricia Griffith
Chief executive officer
US$16.4m
Total compensation
| CEO salary percentage | 6.38% |
| CEO tenure | 9.4yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5.9yrs |
| Board average tenure | 11.2yrs |
Recent management updates
Recent updates
Progressive: An Impressive Track Record But Not A Buy Today
Nov 18Progressive (NYSE:PGR) Will Pay A Dividend Of $0.10
Sep 18
Progressive (NYSE:PGR) Has Announced A Dividend Of $0.10
Aug 21
Progressive (NYSE:PGR) Is Paying Out A Dividend Of $0.10
Jul 02Progressive (NYSE:PGR) Is Paying Out A Dividend Of $0.10
Jun 18Progressive (NYSE:PGR) Will Pay A Dividend Of $0.10
May 22The Progressive Corporation (NYSE:PGR) Investors Are Less Pessimistic Than Expected
May 04Progressive Corporation: Performance Remains Strong, But Valuation Is Elevated
Apr 21The Progressive Corporation: Earnings Have Exploded, Take Advantage Of Recent Price Drop And Buy
Apr 12Progressive (NYSE:PGR) Will Pay A Dividend Of $0.10
Mar 28Progressive: Fundamentally Strong, But Earning Multiples Are Elevated, Hold For Now
Mar 18Progressive (NYSE:PGR) Is Paying Out A Dividend Of $0.10
Mar 14Progressive: One Of The Most Resilient Uptrends, Still Fairly Priced
Feb 06Progressive: Profitability And Valuations Indicates Hold
Jan 21The Progressive Corporation's (NYSE:PGR) Shares May Have Run Too Fast Too Soon
Jan 18Progressive: A Priced-For-Perfection Industry Outperformer
Jan 04Auto Insurer Progressive Held Up In Traffic As Valuation Puts Brakes On Rating
Dec 02Progressive: Skyrocketing Car Insurance Costs Increase Consumer Price Sensitivity
Oct 28Progressive Is A Buy On Its Justified Valuation
Oct 16Progressive: A Backbone For Your Portfolio
Sep 25Progressive Corporation: Accumulate This Amazing Performer On Weaknesses
Aug 27PGR: Pricing Flexibility and First-Mover Telematics Innovation Offers Steady Growth and Competition
Personal Auto Insurance: This remains a core product for Progressive, contributing substantially to its revenue.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$11b |
| Jun 30 2025 | n/a | n/a | US$10b |
| Mar 31 2025 | n/a | n/a | US$9b |
| Dec 31 2024 | US$16m | US$1m | US$8b |
| Sep 30 2024 | n/a | n/a | US$8b |
| Jun 30 2024 | n/a | n/a | US$7b |
| Mar 31 2024 | n/a | n/a | US$6b |
| Dec 31 2023 | US$16m | US$994k | US$4b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$828m |
| Dec 31 2022 | US$13m | US$950k | US$695m |
| Sep 30 2022 | n/a | n/a | US$831m |
| Jun 30 2022 | n/a | n/a | US$825m |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$14m | US$950k | US$3b |
| Sep 30 2021 | n/a | n/a | US$4b |
| Jun 30 2021 | n/a | n/a | US$5b |
| Mar 31 2021 | n/a | n/a | US$6b |
| Dec 31 2020 | US$15m | US$981k | US$6b |
| Sep 30 2020 | n/a | n/a | US$5b |
| Jun 30 2020 | n/a | n/a | US$4b |
| Mar 31 2020 | n/a | n/a | US$4b |
| Dec 31 2019 | US$14m | US$888k | US$4b |
| Sep 30 2019 | n/a | n/a | US$3b |
| Jun 30 2019 | n/a | n/a | US$3b |
| Mar 31 2019 | n/a | n/a | US$3b |
| Dec 31 2018 | US$14m | US$791k | US$3b |
Compensation vs Market: Tricia's total compensation ($USD16.38M) is about average for companies of similar size in the US market ($USD13.39M).
Compensation vs Earnings: Tricia's compensation has been consistent with company performance over the past year.
CEO
Tricia Griffith (61 yo)
Ms. Susan Patricia Griffith also known as Tricia, has been the Chief Executive Officer, Director and President of The Progressive Corporation since July 1, 2016. Ms. Griffith serves as Director at Federal...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.4yrs | US$16.38m | 0.095% $ 127.5m | |
| VP & CFO | 10.7yrs | US$5.45m | 0.051% $ 68.5m | |
| President of Personal Lines | 10.7yrs | US$5.05m | 0.0026% $ 3.5m | |
| President of Claims | 9.9yrs | US$3.20m | 0.010% $ 13.4m | |
| President of Commercial Lines | 5.2yrs | US$3.66m | 0.0055% $ 7.4m | |
| Chief Investment Officer | 5.9yrs | no data | 0.0045% $ 6.0m | |
| Vice President & Chief Accounting Officer | less than a year | no data | no data | |
| Chief Information Officer | 9.9yrs | no data | 0.0045% $ 6.0m | |
| Director of Investor Relations | no data | no data | no data | |
| VP, Secretary & Chief Legal Officer | 1.9yrs | no data | 0.00066% $ 881.1k | |
| Chief Marketing Officer | less than a year | no data | 0.00018% $ 240.3k | |
| Chief Human Resources Officer | 4yrs | no data | 0.0024% $ 3.1m |
Experienced Management: PGR's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.4yrs | US$16.38m | 0.095% $ 127.5m | |
| Independent Director | 7.6yrs | US$370.02k | 0.0014% $ 1.9m | |
| Independent Director | 13.2yrs | US$335.09k | 0.0049% $ 6.5m | |
| Independent Director | 17.5yrs | US$370.03k | 0.00022% $ 293.7k | |
| Independent Director | 29.7yrs | US$355.14k | 0.058% $ 76.9m | |
| Independent Director | 16yrs | US$380.06k | 0.0021% $ 2.8m | |
| Independent Chairperson | 16.5yrs | US$565.08k | 0.0019% $ 2.6m | |
| Independent Director | 8.3yrs | US$350.15k | 0.00013% $ 173.5k | |
| Independent Director | 11.2yrs | US$325.15k | 0.0018% $ 2.4m | |
| Independent Director | 5.1yrs | US$344.02k | 0.0016% $ 2.2m | |
| Independent Director | 7.6yrs | US$340.04k | 0.0021% $ 2.8m |
Experienced Board: PGR's board of directors are seasoned and experienced ( 11.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/24 21:35 |
| End of Day Share Price | 2025/12/24 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Progressive Corporation is covered by 40 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Jay Gelb | Barclays |
| Taylor Scott | Barclays |