Progressive Corporation's Q4 Earnings Exceed Expectations, CFO Succession Plan Unveiled

Thursday, Jan 29, 2026 11:33 am ET1min read
PGR--

Progressive Corp reported FY25 results with revenue at $87.67 billion and net income at $11.31 billion, beating analyst expectations. CFO John Sauerland will retire in July 2026, replaced by Chief Strategy Officer Andrew Quigg. The earnings beat and planned CFO succession reinforce the company's ability to pair disciplined underwriting with selective growth, but pricing decisions, regulatory shifts, and margin growth remain key watchpoints.

Progressive Corporation's Q4 Earnings Exceed Expectations, CFO Succession Plan Unveiled

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