Patrick K. Callahan
2019
In 2019, Patrick K. Callahan earned a total compensation of $3.2M as Personal Lines President at Progressive, a 49% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,351,399 |
|---|---|
| Salary | $491,346 |
| Stock Awards | $1,375,087 |
| Other | $12,000 |
| Total | $3,229,832 |
Callahan received $1.4M in stock awards, accounting for 43% of the total pay in 2019.
Callahan also received $1.4M in non-equity incentive plan, $491.3K in salary and $12K in other compensation.
Rankings
In 2019, Patrick K. Callahan's compensation ranked 3,777th out of 13,971 executives tracked by ExecPay. In other words, Callahan earned more than 73.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,777 out of 13,971 | 73rd |
Division Finance, Insurance, And Real Estate | 737 out of 2,901 | 75th |
Major group Insurance Carriers | 164 out of 384 | 57th |
Industry group Fire, Marine, And Casualty Insurance | 66 out of 200 | 67th |
Industry Fire, Marine, and Casualty Insurance | 66 out of 200 | 67th |
Pay ratio
| Patrick K. Callahan's Pay | $3,229,832 |
|---|---|
| Median Employee's Pay | $66,285 |
| Pay Ratio | 49to 1 |
In 2019, the annual total compensation of Patrick K. Callahan was $3,229,832.
The annual total compensation of the median employee at Progressive was $66,285.
The ratio of Patrick K. Callahan's pay to the pay of median employee was therefore 49 to one.
Source: SEC filing on March 30, 2020.
Callahan's colleagues
We found five more compensation records of executives who worked with Patrick K. Callahan at Progressive in 2019.