Director Compensation Schedule for 2018-2019 Term
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.57 7 pgr-20181231exhibit1057.htm EXHIBIT 10.57 Exhibit
Exhibit 10.57
Board of Directors' Compensation
Director compensation for the May 2018 to May 2019 term:
Board/Committee Role | Total Comp May 2018 to May 2019 |
Chairperson (1) | $420,000 |
Audit Committee Chair | $295,000 |
Audit Committee Member | $270,000 |
Compensation Committee Chair | $285,000 |
Compensation Committee Member | $260,000 |
Investment & Capital Committee Chair | $285,000 |
Investment & Capital Committee Member | $260,000 |
New Director (2) | $260,000 |
Additional Pay | |
Nominating & Governance Committee Chair | $20,000 |
Nominating & Governance Committee Member | $15,000 |
(1) The Chairperson will not receive compensation for committee assignments except as Nominating & Governance Committee Chair.
(2) Compensation for new Directors that have not received a committee assignment is based upon the lowest paying Committee Member role, and prorated based on length of tenure remaining in the term.
