Insurance
10 Progressive finance leaders
These ten current and former Progressive Insurance finance leaders hold or have held roles including chief financial officer, chief accounting officer, treasurer, chief investment officer, chief audit officer, division CFO and finance director for treasury and financial reporting. A reader can learn how CFOs approach planning, reporting and capital decisions in insurance businesses.
Professionals to explore
01—10Bill Cody
LinkedInExperience: Chief Investment Officer · Progressive Insurance
Former Chief Investment Officer at Progressive Insurance (2003–2020), a Finance department role, and former Manager Progressive Capital Management at Progressive Insurance (2001–2003); the profile mentions corporate bond and CMBS portfolios. Advisory Board Member, Tamer Center for Social Enterprise at Columbia Business School since June 2018.
Carl Joyce
LinkedInExperience: Vice President and Chief Accounting Officer · Progressive Insurance
Vice President and Chief Accounting Officer at Progressive Insurance since March 2025; the profile headline names The Progressive Corporation. Former Director of Accounting (2018–2025) and Manager of SEC Reporting and Corporate Accounting (2014–2018) at Progressive Insurance, and former Manager of Internal Audit at Cleveland-Cliffs (2012–2013).
John Sauerland
LinkedInExperience: Chief Financial Officer · Progressive Insurance
Former Chief Financial Officer at Progressive Insurance (2015–2026), a C-level Finance & Accounting role, and former Group President (2006–2015) and Claims General Manager (2000–2006) at Progressive Insurance. Board Member at FedEx Freight since June 2026 and Board Trustee at Cleveland Museum of Art since January 2022.
Maureen Spooner
LinkedInExperience: Treasurer · Progressive Insurance
Treasurer at Progressive Insurance since January 2025, a Finance & Accounting role. Former Chief Audit Officer at Progressive Insurance (2021–2025), a C-level Finance & Accounting role, former Information Technology Control Leader (2015–2021) and former Product Manager (2013–2015) at Progressive Insurance.
Nancy Martin
LinkedInExperience: Director of Financial Reporting - Reinsurance · Progressive Insurance
Director of Financial Reporting - Reinsurance at Progressive Insurance since May 2022, a Director-level Finance & Accounting role. Former Master of Reinsurance at Progressive Insurance (2019–2022), and former Accounting Director (2017–2019) and Manager Reinsurance and Captive Reporting (2014–2015) at National Interstate Insurance Company.
Navin Verma
LinkedInExperience: Business Leader and CFO, IT Division · Progressive Insurance
Former Business Leader and CFO, IT Division at Progressive Insurance (2021–2025), a C-level role, and Business Controller, Customer Relationship Management at Progressive Insurance since September 2025. Former Business Leader and Head of Corporate Strategy at Progressive Insurance (2018–2021) and former Senior Engagement Manager at McKinsey & Company (2013–2018).
Patrick Brennan
LinkedInExperience: Treasurer · Progressive Insurance
Former Treasurer at Progressive Insurance (2016–2024), a Finance & Accounting role, and former Sr Manager Investor Relations (2006–2010) and Commercial Lines Product Manager (2010–2016) at Progressive Insurance. Chief Financial Officer at Selective Insurance since October 2024, and former Sr Treasury Professional at IBM (2003–2006).
Stephen Peterson
LinkedInExperience: Chief Audit Officer · Progressive Insurance
Former Chief Audit Officer at Progressive Insurance (2008–2021); the profile says the role included co-chairing the Management Risk Committee. Former Sr. Controller Commercial Auto (2003–2008) and former Treasurer (2000–2003) at Progressive Insurance. Board Member and Audit Chair, FMHC at First Mutual Holding Co. since August 2021.
Ted Eglar
LinkedInExperience: Director of Treasury Operations · Progressive Insurance
Director of Treasury Operations at Progressive Insurance since November 2016; the profile says the role is responsible for all aspects of cash management and pay operations. Former Director of Data Analysis (1991–2016) and former Process Manager (1997–2002) at Progressive Insurance.
Timothy Kaselonis
LinkedInExperience: Director of Financial Reporting - Investments · Progressive Insurance
Director of Financial Reporting - Investments at Progressive Insurance since December 2016; the profile says the role covers GAAP and Statutory accounting and reporting for nearly a $40 billion investment portfolio. Investment Controller at Progressive Insurance since 1983, and the profile also lists retirement from Progressive Insurance in 2022.
Choose the right perspective
Match the person's scope to your question: the former CFO, chief accounting officer and treasurers suit questions about corporate finance and capital, while treasury and financial reporting directors suit questions about day-to-day finance operations. Check whether each Progressive role is current or past before asking about recent practice.
Questions to take into the conversation
- 01How does an insurer's finance team balance underwriting growth against capital and reserve requirements?
- 02What does a treasury function at a large insurer own, from cash management to investor relations?
- 03How should an insurer organize financial reporting for reinsurance and a large investment portfolio?
Reaching Progressive finance leaders
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About this directory
This is a professional research starting point based on business profile data retrieved on . Titles and companies reflect that source snapshot and may describe past or present roles. Check the linked profiles for current details. Inclusion does not imply Instant Expert membership or availability.
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