CEO Salary & Executive Compensation
Progressive Corp PGR
CEO: Tricia Griffith · Insurance · 61,000 employees
Tricia Griffith, CEO of Progressive Corp (PGR), earned $12.0M in total compensation in 2025. Progressive Corp receives a Pay-for-Performance grade of A (85/100), with a CEO-to-worker pay ratio of 150:1 and a say-on-pay shareholder approval of 88.2%. The company's 3-year total shareholder return is +35.1%.
How Progressive Corp CEO Pay Compares
Tricia Griffith's $12.0M total compensation is 0% below the Insurance industry median of $12.0M. The 150:1 CEO-to-worker pay ratio is 0% lower than the industry average of 150:1.
Total compensation for Tricia Griffith at Progressive Corp (PGR) was $12.0M. Mid-cap public-company CEO packages tend to track this pattern — equity-heavy, multi-year vesting, performance-tied.
The CEO-to-median-worker pay ratio is 150x, meaning Tricia Griffith's $12.0M total comp is roughly that many times the median $80,000 earned by Progressive Corp workers. The ratio is in the mid-range of S&P 500 disclosures and reflects the standard public-company compensation structure. Performance has been positive over the three-year window: TSR of 35.1% alongside 18.8% revenue growth. Compensation packages tied to relative TSR or absolute return benchmarks would have vested at or near target levels with this performance profile.
Shareholders supported the compensation package at 88% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Progressive Corp operates in Insurance with 61,000 employees and $70.3B in annual revenue, and currently carries a market capitalization of $140.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Progressive Corp (PGR).
Compensation Breakdown
Tricia Griffith's $12.0M total compensation package for fiscal year 2025 includes $1.2M in base salary, $6.0M in stock awards, $1.4M in option awards, and $1.8M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2024 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2023 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
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Peer CEO Compensation
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Tricia Griffith, CEO of Progressive Corp (PGR), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Tricia Griffith, CEO of Progressive Corp (PGR), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Progressive Corp has a Pay-for-Performance Score of A (85/100). The company's 3-year total shareholder return is +35.1%, and the say-on-pay shareholder vote passed with 88.2% approval.
The CEO-to-median-worker pay ratio at Progressive Corp is 150:1. The median worker at Progressive Corp earns $80K per year, while CEO Tricia Griffith earns $12.0M in total compensation.
Progressive Corp employs approximately 61,000 people. The company operates in the Insurance industry within the Financials sector, generating $70.3B in annual revenue.