Sundar PichaiSundar Pichai earned $164M in 2023

Susan Patricia (Tricia) Griffith is the CEO of Progressive Corporation and has held this role since 2016. A veteran of the insurance industry, she joined Progressive in 1988 and has served in various leadership positions, including President of Customer Operations...

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Susan Patricia (Tricia) Griffith

CEO of Progressive

Education

Bachelor's degree from Illinois State University

Field of Expertise

Finance & Banking - Insurance

Sector of Economy

Financial Services

Born

October 1, 1964 - 60 years ago

CEO of Progressive for

8 years 9 months (Jul 2016 - Present)

Previous Experience

Personal Lines Chief Operating Officer at Progressive Corporation

Holdings

See how much did Susan Patricia (Tricia) Griffith make over time.

Tricia Griffith holds significant shares in Progressive Corporation, showcasing her confidence in the company's future. Over the years, her holdings have fluctuated, with substantial investments made after her appointment as CEO in 2016. During the height of Progressive's growth in...

Mar 18, 2025

Total Stock Sold

$99.38M

PGR

$99.38M

849,558 PGR shares

What if they kept their stock?

If Susan Patricia (Tricia) Griffith didn't sell their stock, today they would have:
Extra PGR849,558 shares worth $66.10M.
This is -33.48% and $33.27M less than what they got when they sold the stock.

Charitable Transactions

PGR

213,407.096 shares

PGR

Recent Charitable Transactions

PGR

3,359 shares

PGR

Jan 2, 2025

Charity

PGR

5,000 shares

PGR

Sep 3, 2024

Charity

PGR

5,000 shares

PGR

Jul 1, 2024

Charity

PGR

4,000 shares

PGR

Jan 2, 2024

Charity

PGR

9,000 shares

PGR

Sep 1, 2023

Charity

PGR

8,948 shares

PGR

Jan 1, 2023

Charity

Insider Trading

See recent insider trades of Susan Patricia (Tricia) Griffith.

PGR

8,763.599 shares

PGR

Feb 21, 2025

Received

PGR

$2.68M

PGR at $243.29/share

Jan 21, 2025

Sale

PGR

$2.19M

PGR at $242.10/share

Jan 2, 2025

Sale

PGR

3,359 shares

PGR

Jan 2, 2025

Charity

PGR

$10.94M

PGR at $252.20/share

Sep 3, 2024

Sale

PGR

5,000 shares

PGR

Sep 3, 2024

Charity

PGR

$9.28M

PGR at $214.01/share

Jul 22, 2024

Sale

PGR

157,281.199 shares

PGR

Jul 19, 2024

Received

PGR

5,000 shares

PGR

Jul 1, 2024

Charity

PGR

14,501.31 shares

PGR

Mar 11, 2024

Received

Compensation History

See how much did Susan Patricia (Tricia) Griffith make over time.

In 2023, Tricia Griffith's total compensation reached approximately $15.4 million, a notable increase from previous years. This package includes her salary of about $994,231, a performance-based bonus of $4.4 million related to the Gainshare program, and substantial stock awards valued at over $46.8 million, which vest based on the company's strong performance against established goals. Her compensation structure emphasizes performance alignment; as Progressive thrives, so does her own financial success. The philosophy behind her pay reflects a commitment to creating competitive and fair compensation while rewarding executives based on company achievement and shareholder value. This model aims to attract and retain top talent needed for Progressive's continued growth and innovation in the insurance sector. Griffith's compensation has consistently showcased her strong leadership and the effectiveness of her strategies since taking the helm.

Year

2023

Total Compensation

$52.47M

Salary

$994.23K

Board Justification

The compensation philosophy emphasizes competitive pay with a significant performance-based component to align executive interests with shareholder value.

Bonus

$4.42M

Board Justification

The bonus is based on the company's performance under the Gainshare program, which measures growth and profitability, and was paid in early 2024 based on 2023 performance.

Other

$217.95K

Board Justification

Other compensation includes 401(k) contributions and perquisites such as personal use of company aircraft and vehicle.

Restricted Stock

$46.83M(299.43K RSU)

Board Justification

The vested stock consists of performance-based and time-based restricted stock units that vested in 2023, reflecting the company's strong performance relative to established goals.

Performance Metrics

The performance metrics for determining the CEO's compensation include the company's growth in policies in force, profitability as measured by the combined ratio, and performance relative to market benchmarks.

Other Progressive CEOs

Here are other CEOs of Progressive