Karen  Bailo net worth and biography

Karen Bailo Biography and Net Worth

Insider of Progressive
Karen was named Commercial Lines President in October of 2020. In her role, she is responsible for profit and loss, product development and deployment, agency and direct channel marketing, business development, call center operations and IT platform strategy for the $5B+ Commercial Lines business.

She began her career at Progressive in 1990 in customer service as a management trainee. Since then, Karen has held several leadership positions including Personal Lines General Manager and Commercial Lines Controller. Additionally, she led the Agency Distribution organization for nine years positioning Progressive as a preferred supplier in the channel. Most recently she’s served as the company’s Commercial Lines Acquisition & Small Business Insurance General Manager.

Karen holds a bachelor’s degree from the University of South Carolina and an MBA from the Weatherhead School of Management at Case Western Reserve University.

What is Karen Bailo's net worth?

The estimated net worth of Karen Bailo is at least $7.76 million as of March 5th, 2024. Ms. Bailo owns 32,342 shares of Progressive stock worth more than $7,761,110 as of December 21st. This net worth evaluation does not reflect any other assets that Ms. Bailo may own. Additionally, Ms. Bailo receives a salary of $1,660,000.00 as Insider at Progressive. Learn More about Karen Bailo's net worth.

How old is Karen Bailo?

Ms. Bailo is currently 55 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 Karen Bailo's age.

What is Karen Bailo's salary?

As the Insider of The Progressive Co., Ms. Bailo earns $1,660,000.00 per year. There are 3 executives that earn more than Ms. Bailo. 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 Karen Bailo's salary.

How do I contact Karen Bailo?

The corporate mailing address for Ms. Bailo 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 Karen Bailo's contact information.

Has Karen Bailo been buying or selling shares of Progressive?

Karen Bailo has not been actively trading shares of Progressive during the past quarter. Most recently, Karen Bailo sold 8,464 shares of the business's stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $189.49, for a transaction totalling $1,603,843.36. Following the completion of the sale, the insider now directly owns 32,342 shares of the company's stock, valued at $6,128,485.58. Learn More on Karen Bailo's trading history.

Who are Progressive's active insiders?

Progressive's insider roster includes Karen Bailo (Insider), Jonathan Bauer (CIO), Philip Bleser (Director), Steven Broz (Insider), Stuart Burgdoerfer (Director), Patrick Callahan (Insider), M. Charney (CMO), Roger Farah (Director), Susan Griffith (President, CEO & Director), 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 25 times. They sold a total of 252,960 shares worth more than $55,173,865.84. The most recent insider tranaction occured on November, 29th when CFO John P Sauerland sold 10,000 shares worth more than $2,680,900.00. Insiders at Progressive own 0.3% of the company. Learn More about insider trades at Progressive.

Information on this page was last updated on 11/29/2024.

Karen Bailo Insider Trading History at Progressive

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/5/2024Sell8,464$189.49$1,603,843.3632,342View SEC Filing Icon  
8/19/2021Sell6,326$95.95$606,979.7032,664View SEC Filing Icon  
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Karen Bailo Buying and Selling Activity at Progressive

This chart shows Karen Bailo'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: $239.97
Low: $236.90
High: $243.36

50 Day Range

MA: $253.24
Low: $239.71
High: $268.93

2 Week Range

Now: $239.97
Low: $154.38
High: $270.62

Volume

5,581,924 shs

Average Volume

2,499,283 shs

Market Capitalization

$140.58 billion

P/E Ratio

17.44

Dividend Yield

0.16%

Beta

0.38