M. Jeffrey Charney

2018

In 2018, M. Jeffrey Charney earned a total compensation of $2.4M as Chief Marketing Officer at Progressive, a 3% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$897,700
Salary$470,000
Stock Awards$1,034,051
Other$12,000
Total$2,413,751

Charney received $1M in stock awards, accounting for 43% of the total pay in 2018.

Charney also received $897.7K in non-equity incentive plan, $470K in salary and $12K in other compensation.

Rankings

In 2018, M. Jeffrey Charney's compensation ranked 4,819th out of 14,244 executives tracked by ExecPay. In other words, Charney earned more than 66.2% of executives.

ClassificationRankingPercentile
All
4,819
out of 14,244
66th
Division
Finance, Insurance, And Real Estate
868
out of 2,994
71st
Major group
Insurance Carriers
193
out of 401
52nd
Industry group
Fire, Marine, And Casualty Insurance
80
out of 202
60th
Industry
Fire, Marine, and Casualty Insurance
80
out of 202
60th

Pay ratio

M. Jeffrey Charney's Pay$2,413,751
Median Employee's Pay$62,925
Pay Ratio

38

to 1

In 2018, the annual total compensation of M. Jeffrey Charney was $2,413,751.

The annual total compensation of the median employee at Progressive was $62,925.

The ratio of M. Jeffrey Charney's pay to the pay of median employee was therefore 38 to one.

Source: SEC filing on March 29, 2019.

Charney's colleagues

We found six more compensation records of executives who worked with M. Jeffrey Charney at Progressive in 2018.

2018

Susan Griffith

Progressive

Chief Executive Officer

2018

John Sauerland

Progressive

Chief Financial Officer

2018

William Cody

Progressive

Chief Investment Officer

2018

John Barbagallo

Progressive

Commercial Lines President

2018

Patrick Callahan

Progressive

Personal Lines President

2018

Michael Sieger

Progressive

Claims President

News

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