Patrick Nettles - Progressive Independent Director

PGR -- USA Stock  

USD 75.15  1.92  2.49%

Dr. Patrick H. Nettles, Ph.D. is an Independent Director of the Company. Dr. Nettless extensive technical experience, including his experience working as an engineer, engineering manager, and his position as Chairman of the Board of Ciena Corporationrationration, are chief among the reasons he was selected to serve on the Board of Directors. His experience and education, which includes a Ph.D. in physics, along with his significant operational experience as the Chief Executive Officer of Ciena, give him a unique perspective that enables him to make significant and distinct contributions to our Board. In addition, his past experience as a chief financial officer enables him to add great value to the Audit Committee as the Committee Chairman and an Audit Committee Financial Expert. Dr. Nettless service as a director at other public companies also factored into the decision to select him to serve on our Board of Directors.
Age: 74  Director Since 2004      

Patrick Nettles Latest Insider Activity

Patrick Nettles over three months ago via Macroaxis 
Sale by Patrick Nettles of 5000 shares of Ciena
Patrick Nettles over six months ago via Macroaxis 
Sale by Patrick Nettles of 5000 shares of Ciena

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

Stock Performance Indicators

Current Sentiment - PGR

Progressive Investor Sentiment

Greater number of Macroaxis users are at this time bullish on Progressive Corporation. What is your perspective on investing in Progressive Corporation? Are you bullish or bearish?
98% Bullish
2% Bearish

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