John P.  Sauerland net worth and biography

John Sauerland Biography and Net Worth

CFO of Progressive
John became Chief Financial Officer in April 2015. John joined Progressive in 1990 as a summer intern before starting full time in 1991 as an Assistant Product Manager in Cleveland, Ohio. Since then, he has served as Product Manager for, at various times, Iowa, Kansas, South Dakota, and Pennsylvania. He’s also served as General Manager for Mississippi and later as General Manager for Minnesota and Wisconsin.

John was the Claims General Manager responsible for the delivery of 24/7 Progressive Claims Service for eight Midwestern states. In 2006, he was named President of Progressive’s Direct business and, after the combination of our Agency and Direct businesses, he served as President of Personal Lines for eight years.

John has a bachelor’s degree in applied mathematics from UCLA and an MBA from the University of Chicago.

What is John P. Sauerland's net worth?

The estimated net worth of John P. Sauerland is at least $60.58 million as of September 15th, 2023. Mr. Sauerland owns 285,507 shares of Progressive stock worth more than $60,584,585 as of April 25th. This net worth estimate does not reflect any other assets that Mr. Sauerland may own. Additionally, Mr. Sauerland receives a salary of $2,570,000.00 as CFO at Progressive. Learn More about John P. Sauerland's net worth.

How old is John P. Sauerland?

Mr. Sauerland is currently 60 years old. There are 7 older executives and no younger executives at Progressive. The oldest executive at Progressive is Ms. Mariann Wojtkun Marshall, VP, Chief Accounting Officer & Assistant Secretary, who is 62 years old. Learn More on John P. Sauerland's age.

What is John P. Sauerland's salary?

As the CFO of The Progressive Co., Mr. Sauerland earns $2,570,000.00 per year. The highest earning executive at Progressive is Ms. Susan Patricia Griffith, President, CEO & Director, who commands a salary of $5,640,000.00 per year. Learn More on John P. Sauerland's salary.

How do I contact John P. Sauerland?

The corporate mailing address for Mr. Sauerland and other Progressive executives is 6300 Wilson Mills Road, Mayfield Village OH, 44143. Progressive can also be reached via phone at (440) 461-5000 and via email at [email protected]. Learn More on John P. Sauerland's contact information.

Has John P. Sauerland been buying or selling shares of Progressive?

John P. Sauerland has not been actively trading shares of Progressive during the last ninety days. Most recently, John P. Sauerland sold 12,000 shares of the business's stock in a transaction on Friday, September 15th. The shares were sold at an average price of $135.19, for a transaction totalling $1,622,280.00. Following the completion of the sale, the chief financial officer now directly owns 285,507 shares of the company's stock, valued at $38,597,691.33. Learn More on John P. Sauerland's trading history.

Who are Progressive's active insiders?

Progressive's insider roster includes Karen Bailo (Insider), Philip Bleser (Director), Steven Broz (Insider), Stuart Burgdoerfer (Director), Patrick Callahan (Insider), M. Charney (CMO), Roger Farah (Director), Susan Griffith (CEO), Devin Johnson (Director), Jeffrey Kelly (Director), Mariann Marshall (CAO), Daniel Mascaro (Insider), John Murphy (Insider), Lori Niederst (Insider), Andrew Quigg (Insider), John Sauerland (CFO), Michael Sieger (Insider), Barbara Snyder (Director), and Kahina Van Dyke (Director). Learn More on Progressive's active insiders.

Are insiders buying or selling shares of Progressive?

During the last year, insiders at the insurance provider sold shares 19 times. They sold a total of 264,092 shares worth more than $41,076,704.31. The most recent insider tranaction occured on April, 17th when Director Devin C Johnson sold 1,000 shares worth more than $208,330.00. Insiders at Progressive own 0.3% of the company. Learn More about insider trades at Progressive.

Information on this page was last updated on 4/17/2024.

John P. Sauerland Insider Trading History at Progressive

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/15/2023Sell12,000$135.19$1,622,280.00285,507View SEC Filing Icon  
8/24/2023Sell12,000$130.46$1,565,520.00297,507View SEC Filing Icon  
7/27/2023Sell12,000$126.51$1,518,120.00309,507View SEC Filing Icon  
6/29/2023Sell12,000$131.81$1,581,720.00321,507View SEC Filing Icon  
5/31/2023Sell12,000$127.55$1,530,600.00333,507View SEC Filing Icon  
11/3/2022Sell25,000$127.18$3,179,500.00329,033View SEC Filing Icon  
8/19/2021Sell12,000$95.47$1,145,640.0024,917View SEC Filing Icon  
7/15/2021Sell12,000$90.54$1,086,480.00284,721View SEC Filing Icon  
6/17/2021Sell12,000$92.86$1,114,320.00296,721View SEC Filing Icon  
3/18/2021Sell12,000$91.40$1,096,800.00332,721View SEC Filing Icon  
9/18/2020Sell15,000$94.94$1,424,100.00330,662View SEC Filing Icon  
7/16/2020Sell15,000$85.85$1,287,750.00317,326View SEC Filing Icon  
6/18/2020Sell15,000$78.91$1,183,650.00332,326View SEC Filing Icon  
5/21/2020Sell15,000$74.52$1,117,800.00347,326View SEC Filing Icon  
4/16/2020Sell15,000$79.12$1,186,800.00362,326View SEC Filing Icon  
8/16/2019Sell12,000$77.58$930,960.00View SEC Filing Icon  
6/14/2019Sell12,000$81.63$979,560.00335,815View SEC Filing Icon  
5/17/2019Sell12,000$78.07$936,840.00347,815View SEC Filing Icon  
4/18/2019Sell12,000$76.12$913,440.00359,815View SEC Filing Icon  
3/15/2019Sell12,000$72.65$871,800.00371,815View SEC Filing Icon  
2/15/2019Sell12,000$71.37$856,440.00380,019View SEC Filing Icon  
1/25/2019Sell12,000$65.27$783,240.00392,019View SEC Filing Icon  
8/16/2018Sell12,000$64.25$771,000.00390,584View SEC Filing Icon  
7/18/2018Sell12,000$59.33$711,960.00455,377View SEC Filing Icon  
6/14/2018Sell12,000$62.40$748,800.00364,423View SEC Filing Icon  
5/18/2018Sell12,000$60.52$726,240.00376,423View SEC Filing Icon  
8/17/2017Sell50,000$48.65$2,432,500.00370,364View SEC Filing Icon  
8/19/2014Sell5,600$24.69$138,264.00View SEC Filing Icon  
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John P. Sauerland Buying and Selling Activity at Progressive

This chart shows John P Sauerland's buying and selling at Progressive by year and by quarter.

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Progressive Company Overview

Progressive logo
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, and pick-up trucks used by small businesses, as well as non-fleet taxis, black-car services, and airport taxis; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks used by light contractors and heavy constructions; log trucks and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance. The company offers policy issuance and claims adjusting services; acts as an agent to homeowners, general liability, workers' compensation insurance, and other products; and reinsurance services. It sells its products through independent insurance agencies, as well as through mobile applications and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.
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Today's Range

Now: $212.20
Low: $209.79
High: $215.10

50 Day Range

MA: $201.66
Low: $187.79
High: $214.69

2 Week Range

Now: $212.20
Low: $111.41
High: $216.21

Volume

2,632,827 shs

Average Volume

2,620,038 shs

Market Capitalization

$124.29 billion

P/E Ratio

21.72

Dividend Yield

0.19%

Beta

0.35