The Progressive Corporation Director Compensation Schedule (2017-2018)
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Summary
This document outlines the compensation structure for directors of The Progressive Corporation for the 2017-2018 period. It specifies annual compensation amounts for various board roles, including Chairman of the Board, Lead Independent Director, and committee chairs and members. Additional compensation is provided for service on extra committees, excluding the Executive Committee. The schedule ensures transparency in director pay and clarifies the financial terms for board service during the specified period.
EX-10.99 19 pgr-20171231exhibit1099.htm EXHIBIT 10.99 Exhibit
Exhibit 10.99
THE PROGRESSIVE CORPORATION
DIRECTOR COMPENSATION
2017-2018 Compensation | |
Chairman of the Board | $470,000 |
Lead Independent Director | $50,000 additional |
Audit Committee Chair | $295,000 |
Audit Committee Member | $270,000 |
Compensation Committee Chair | $285,000 |
Compensation Committee Member | $260,000 |
Investment Committee Chair | $285,000 |
Investment Committee Member | $260,000 |
Additional Committee Chair* | $20,000 additional |
Additional Committee Member* | $15,000 additional |
*Excludes Executive Committee
