The Progressive Corporation Director Compensation Schedule (2016-2017)
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Summary
This document outlines the compensation structure for directors of The Progressive Corporation for 2016-2017. It specifies annual fees for various board roles, including Lead Independent Director, Audit Committee, Compensation Committee, and Investment Committee, as well as additional compensation for chairing or serving on other committees (excluding the Executive Committee). The schedule details the amounts paid to directors based on their committee roles and responsibilities.
EX-10.92 10 exhibit1092123116.htm EXHIBIT 10.92 Exhibit
Exhibit 10.92
THE PROGRESSIVE CORPORATION
DIRECTOR COMPENSATION
2016-2017 Compensation | |
Lead Independent Director | $25,000 additional |
Audit Committee Chair | $280,000 |
Audit Committee Member | $255,000 |
Compensation Committee Chair | $275,000 |
Compensation Committee Member | $250,000 |
Investment Committee Chair | $275,000 |
Investment Committee Member | $250,000 |
Additional Committee Chair* | $20,000 additional |
Additional Committee Member* | $15,000 additional |
*Excludes Executive Committee