Glenn Renwick - Progressive Chairman

PGR -- USA Stock  

USD 76.73  0.34  0.44%

  Chairman
Mr. Glenn M. Renwick is no longer NonExecutive Chairman of the Board of the Company effective, May 31, 2018. He is Executive Chairman of the Board, The Progressive Corporationrationration, Mayfield Village, Ohio since July 2016 Chairman of the Board, President, and Chief Executive Officer from November 2013 through June 2016 President and Chief Executive Officer prior to November 2013. Mr. Renwick has over 30 years of experience working in significant management positions at Progressive. He served as Chief Executive Officer of insurance operations in 2000 and as the Chief Executive Officer of the company from 2001 through June 2016. Mr. Renwick has served in a variety of operating roles during his tenure at Progressive, including product manager, the head of the company marketing organization, and business technology leader. This experience enables him to provide unparalleled insight on the companys operations and the property and casualty insurance industry. Mr. Renwick also has gained significant experience working in an oversight role through his service as an independent director on other corporate boards.
Age: 61  Chairman Since 2017      
440-461-5000  http://www.progressive.com

Glenn Renwick Latest Insider Activity

Management Efficiency

The company has Return on Asset of 5.76 % which means that on every $100 spent on asset it made $5.76 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 26.26 % implying that it generated $26.26 on every 100 dollars invested.
The company has 4.61B in debt with debt to equity (D/E) ratio of 34.0 . This implies that the company may be unable to create cash to meet all of its financial commitments. Progressive has Current Ratio of 0.36 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.

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Entity Summary

The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States. The company was founded in 1937 and is headquartered in Mayfield, Ohio. Progressive operates under Insurance - Property Casualty classification in USA and is traded on BATS Exchange. It employs 37346 people.Progressive Corporation (PGR) is traded on BATS Exchange in USA. It is located in 300 North Commons Boulevard and employs 37,346 people. Progressive is listed under Insurance category by Fama And French industry classification.

Progressive Leadership Team

Jeffrey Basch, Chief Accounting Officer and VP
Daniel Mascaro, Vice President Secretary, and Chief Legal Officer
Stuart Burgdoerfer, Independent Director
Patrick Nettles, Independent Director
Philip Bleser, Independent Director
Jeffrey Charney, Chief Marketing Officer
Lori Niederst, Chief Human Resource Officer
Bradley Sheares, Independent Director
Kahina Dyke, Independent Director
Barbara Snyder, Director
John Barbagallo, President - Commercial Lines Group & Agency Operations
Charles Davis, Independent Director
Charles Jarrett, Chief Legal Officer, VP and Secretary
Valerie Krasowski, Chief Human Resource Officer
John Auer, President CEO, and Treasurer of ARX Holding Corp
Pamela Craig, Independent Director
Stephen Hardis, Lead Independent Director
Steven Broz, CIO
Raymond Voelker, CIO
Patrick Callahan, President - Personal Lines
Glenn Renwick, Chairman, CEO and President and Chairman of Executive Committee
Michael Charney, Chief Marketing Officer
Jeffrey Kelly, Independent Director
Susan Griffith, COO and VP of Personal Lines
Lawton Fitt, Independent Director
Brian Domeck, VP
Roger Farah, Independent Director
John Murphy, President - Customer Relationship Management
William Cody, Chief Investment Officer
Michael Sieger, Claims Operations Leader
John Sauerland, CFO and VP
Thomas King, Vice President Treasurer

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