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PROGRESSIVE CORP/OH/ 8-K Report, Executive Changes (May 12, 2026)

Reports
Leadership Changes·Shareholder Matters·Regulation FD+1
Filing Date
Filed May 12, 2026
Period End
May 8, 2026
Security
PGR
In the record · 2016–202610-K1110-Q328-K177

PGR filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 177 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · May ’17May ’17
  2. Leadership change8-K · Mar ’23Mar ’23
  3. Leadership change8-K · Mar ’25Mar ’25

Summary

Summary of the 8-K filed May 12, 2026. Cited figures are marked; the original filing is the authoritative source.

The Progressive Corporation (PGR) filed an 8-K on May 12, 2026, detailing key leadership changes and shareholder actions taken at the May 8, 2026, Annual Meeting.

A significant update is the appointment of Andrew J. Quigg as the new Vice President and Chief Financial Officer (CFO), effective July 4, 2026, succeeding John P. Sauerland who is retiring.

The company also announced a renewed authorization for its share repurchase program, allowing for the repurchase of up to 25 million common shares, and declared a quarterly dividend of $0.10a per share. Shareholders overwhelmingly approved the election of all eleven director nominees and ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026.

Additionally, an advisory vote on executive compensation received strong affirmative support. Investors should note that details on Mr. Quigg's compensation for the CFO role are still pending and will be disclosed in an amendment to this filing.

Key Highlights

  1. Andrew J. Quigg appointed as new Vice President and Chief Financial Officer (CFO), effective July 4, 2026, succeeding retiring John P. Sauerland.
  2. Shareholders overwhelmingly elected all eleven director nominees at the Annual Meeting.
  3. The company's Board of Directors renewed the authorization to repurchase up to 25 million common shares.
  4. A quarterly common share dividend of $0.10 per share was declared, payable on July 10, 2026.
  5. Shareholders approved the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026.
  6. An advisory vote on executive compensation received strong affirmative support from shareholders.

Frequently Asked Questions

  1. Who is the new CFO and when does the change take effect?

    Andrew J. Quigg has been elected as the new Vice President and CFO, effective July 4, 2026. He will succeed John P. Sauerland, who is retiring on July 3, 2026.

  2. What actions were taken at the Annual Meeting of Shareholders?

    At the Annual Meeting on May 8, 2026, shareholders elected all eleven directors, approved an advisory vote on executive compensation, and ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor for 2026.

  3. Are there any new share repurchase or dividend announcements?

    Yes, the Board of Directors renewed the authorization to repurchase up to 25 million common shares. Additionally, a quarterly dividend of $0.10 per share was declared, with a payable date of July 10, 2026.

  4. Will Mr. Quigg's compensation as CFO be disclosed?

    The details regarding Mr. Quigg's compensation for the CFO role have not yet been finalized. The company plans to disclose this information in an amendment to this Form 8-K once it is determined.