The Progressive Corporation announced the election of Andrew J. Quigg as next CFO effective July 4, 2026, elected 11 directors, approved executive compensation and auditor ratification at its annual shareholder meeting, and renewed a 25 million share repurchase authorization with a $0.10 quarterly dividend.
Key takeaways
Andrew J. Quigg elected as Vice President and CFO effective July 4, 2026, succeeding retiring John P. Sauerland.
All 11 directors elected at annual meeting with strong support, averaging over 90% votes for.
Shareholders approved executive compensation program with 464 million for votes.
PricewaterhouseCoopers LLP ratified as 2026 auditor with 480 million affirmative votes.
Board renewed authorization to repurchase up to 25 million common shares.
Quarterly dividend of $0.10 per share declared, payable July 10, 2026 to record date July 2 holders.