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Michael D. Sieger net worth and biography

Michael Sieger Biography and Net Worth

Insider of Progressive

Mike was named Claims President in January 2015. In this role, he is responsible for claims strategy and ensuring execution of Progressive’s four Claims Guiding Principles of Accuracy, Efficiency, Work Environment, and Customer Service.

Mike joined Progressive as an intern in 1988 and became a full-time employee in 1990 as a Corporate Marketing Product Manager. During his tenure he has served as a Product Manager in Mississippi, a General Manager for the state of Washington and Pennsylvania, and the Northeast Claims General Manager. Prior to becoming Claims President, Mike led the Corporate Claims Process group since 2007.

Mike has a bachelor’s degree in electrical engineering from Case Western Reserve University and an MBA from the University of Chicago.

What is Michael D. Sieger's net worth?: The estimated net worth of Michael D. Sieger is at least $728,548.92 as of August 10th, 2023. Mr. Sieger owns 3,036 shares of Progressive stock worth more than $728,549 as of December 21st. This net worth evaluation does not reflect any other assets that Mr. Sieger may own. Learn More about Michael D. Sieger's net worth.
How do I contact Michael D. Sieger?: The corporate mailing address for Mr. Sieger 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 Michael D. Sieger's contact information.
Has Michael D. Sieger been buying or selling shares of Progressive?: Michael D. Sieger has not been actively trading shares of Progressive within the last three months. Most recently, Michael D. Sieger sold 13,038 shares of the business's stock in a transaction on Thursday, December 16th. The shares were sold at an average price of $102.90, for a transaction totalling $1,341,610.20. Learn More on Michael D. Sieger'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.

Michael D. Sieger Insider Trading History at Progressive

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/16/2021	Sell	13,038	$102.90	$1,341,610.20
1/5/2021	Sell	3,379	$97.44	$329,249.76	46,431
12/15/2020	Sell	2,700	$94.61	$255,447.00
11/13/2020	Sell	2,700	$95.00	$256,500.00	49,129
10/15/2020	Sell	2,868	$96.14	$275,729.52	51,829
9/15/2020	Sell	2,868	$96.37	$276,389.16	54,697
7/21/2020	Sell	2,868	$88.05	$252,527.40	60,433
1/6/2020	Sell	3,356	$75.00	$251,700.00	51,019
1/3/2020	Sell	3,687	$73.52	$271,068.24	51,019
5/21/2019	Sell	7,500	$79.16	$593,700.00	68,969
7/22/2016	Sell	3,200	$32.93	$105,376.00	49,755
6/3/2015	Sell	7,211	$27.56	$198,735.16

Michael D. Sieger Buying and Selling Activity at Progressive

Progressive Company Overview

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.

Today's Range

Now: $239.97

$236.90

$243.36

50 Day Range

MA: $253.24

$239.71

$268.93

2 Week Range

Now: $239.97

$154.38

$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

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