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 2025Salary
$770,385
ComponentAnnual base salary
All other compensation
$12,750
Total compensation
$6,183,317
Performance Compensation
Data from FY 2025Cash 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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