How Griffith was paid
$17.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Susan Patricia GriffithPresident and Chief Executive Officer | $1,094,231 | $11,000,278 | $5,443,799 | $167,616 | $17,705,924 |
| John P. SauerlandVice President and Chief Financial Officer | $770,385 | $3,100,584 | $2,299,598 | $12,750 | $6,183,317 |
| Patrick K. CallahanPersonal Lines President | $697,692 | $2,625,194 | $2,082,612 | $12,000 | $5,417,498 |
| Karen B. BailoCommercial Lines President | $670,962 | $1,687,840 | $1,669,017 | $12,750 | $4,040,569 |
| John MurphyClaims President | $627,115 | $1,575,226 | $1,247,960 | $12,000 | $3,462,301 |
What changed and why
- $17.7MCEO Susan Patricia Griffith received a total compensation of $17,705,924 for fiscal year 2025.
- $83.2BCompanywide net premiums written grew by 12% to $83.2 billion during 2025.
- 12.6%Progressive achieved a 12.6% underwriting profit margin and ended 2025 with 38.6 million policies in force.
- The 2025 Gainshare Factor for core business units was determined to be 1.99.
- The CEO to median employee pay ratio was calculated as 204 to 1.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.