Michael D. Sieger

2018

In 2018, Michael D. Sieger earned a total compensation of $2.2M as Claims President at Progressive.

Compensation breakdown

Non-Equity Incentive Plan$799,629
Salary$418,654
Stock Awards$935,031
Other$12,000
Total$2,165,314

Sieger received $935K in stock awards, accounting for 43% of the total pay in 2018.

Sieger also received $799.6K in non-equity incentive plan, $418.7K in salary and $12K in other compensation.

Rankings

In 2018, Michael D. Sieger's compensation ranked 5,314th out of 14,244 executives tracked by ExecPay. In other words, Sieger earned more than 62.7% of executives.

ClassificationRankingPercentile
All
5,314
out of 14,244
63rd
Division
Finance, Insurance, And Real Estate
971
out of 2,994
68th
Major group
Insurance Carriers
209
out of 401
48th
Industry group
Fire, Marine, And Casualty Insurance
86
out of 202
57th
Industry
Fire, Marine, and Casualty Insurance
87
out of 202
57th

Pay ratio

Michael D. Sieger's Pay$2,165,314
Median Employee's Pay$62,925
Pay Ratio

to 1

In 2018, the annual total compensation of Michael D. Sieger was $2,165,314.

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

The ratio of Michael D. Sieger's pay to the pay of median employee was therefore to one.

Source: SEC filing on March 29, 2021.

Sieger's colleagues

We found six more compensation records of executives who worked with Michael D. Sieger 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

M Charney

Progressive

Chief Marketing Officer

2018

Patrick Callahan

Progressive

Personal Lines President

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