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AI brief of an SEC Form 8-K · Progressive (PGR)

Progressive names Andrew Quigg as next CFO, effective July 4, 2026

Neutral Impact 4 of 5 leadership Written later

Progressive's board elected Andrew J. Quigg, the company's current Chief Strategy and Finance Management Officer, as Vice President and Chief Financial Officer, effective July 4, 2026, ahead of John P. Sauerland's retirement on July 3, 2026. At the May 8, 2026 annual meeting, shareholders elected all eleven directors, approved the advisory executive compensation vote, and ratified PricewaterhouseCoopers LLP as auditor for 2026; the board also renewed a share buyback authorization and declared a quarterly dividend.

Key points

  • Andrew J. Quigg, 46, becomes CFO effective July 4, 2026; his CFO compensation has not been finalized and will be disclosed in a future amendment.
  • Board renewed authorization to repurchase up to 25 million common shares on May 8, 2026.
  • Quarterly dividend of $0.10 per share is payable July 10, 2026, to shareholders of record on July 2, 2026.
  • Advisory vote on executive compensation received 464,140,742 affirmative and 18,782,535 negative votes.

The filing

CompanyProgressive (PGR)
Form8-K, current report
Filed with the SECMay 12, 2026, 11:58 AM ET
Accession number0000080661-26-000200

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 12, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.