About

John P. Sauerland served as Vice President and Chief Financial Officer of The Progressive Corporation and retired from the company on July 3, 2026, as disclosed in Progressive's January 28, 2026 Form 8-K. He was one of Progressive's named executive officers for fiscal 2025.

Roles

Progressive Corp.
Chief Financial Officer (retired July 3, 2026) · Current role
Present
The Progressive Corporation
Vice President and Chief Financial Officer
-2026

Fixed Compensation

FY 2025
Salary
$770,385
ComponentAnnual base salary
All other compensation
$12,750
Total compensation
$6,183,317

Performance Compensation

Data from FY 2025

Cash incentive

Non-equity incentive plan compensation
$2,299,598
Target Opportunity
PlanAnnual cash incentive (Gainshare)

Stock awards

Stock awards
$3,100,584
FormRestricted stock units (performance- and time-based)

Also at Progressive Corp.

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