The oldest executive at Allstate Corp (The) is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. He is also a Certified Public Accountant. Most recently, Mario Rizzo sold 25,648 shares of the business's stock in a transaction on Friday, February 4th. View Mario Rizzo's colleagues in Allstate Employee Directory. This report is not for commercial use. Tom Wilson is the Chair, President and Chief Executive Officer of The Allstate Corporation. Rizzo has served as Chief Financial Officer of Allstate Personal Lines as well as corporate Treasurer. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Jess Merten will assume the Chief Financial Officer role, leveraging his broad financial and operating experience at Allstate over the last decade. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Were also a founding member of OneTen, a corporate commitment to hire and promote a million Black Americans over the next 10 years. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Chicago CFO of the Year is a registered trademark of FEI Chicago. Executive Vice President and Chief Financial Officer The Allstate Corporation Jan 2018 - Present5 years 2 months Northbrook, Illinois Senior Vice President and CFO, Allstate Personal Lines. Most recently he exercised 25,648 units of ALL stock worth 1,811,262$ on 4 February 2022. . However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Learn More on Mario Rizzo's contact information. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). The shares were sold at an average price of $122.57, for a transaction totalling $3,143,675.36. Please enter zip code. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.'. Insurance Tip Tuesday Looks like 2023 will see more increases for AllState Auto Insurance policy holders . A free inside look at Allstate salary trends based on 13796 salaries wages for 2935 jobs at Allstate. Recent Reinsurance News Intact Financial Corporation has announced that the RSA UK Pension Financial Executives International (FEI) is the premier association for CFOs and other. When we do this successfully, well address the price variable of the equation, while also differentiating our customer value proposition in the market. Mario Rizzo is 53, he's been the Chief Financial Officer and Executive Vice President of Allstate Corp since 2018. Oops! As the Exec. The most recent stock trade was executed by Jesse E Merten on 22 February 2023, trading 38,659 units of ALL stock currently worth $3,577,504. We are a large buyer of catastrophe reinsurance, with a per-occurrence cover that starts at $500 million and exhausts at approximately $5.8 billion, as well as $1 billion in annual aggregate coverage. You may also find the annual proxy statement by going directly to the company's website. We offer a lot beyond typical auto and home insurance. On average, Allstate Corp executives and independent directors trade stock every 14 days with the average trade being worth of $4,054,033. Together we can continue to drive systemic change. Our goal is providing affordable, simple and connected, digital-first experience to our customers; and were focused on delivering that experience through the four key elements of our strategy: expanding customer access across distribution channels, improving customer value through innovative product design and affordable prices, increasing the level and sophistication of our marketing investment, and building a new technology ecosystem. The chart on this page features a breakdown of the total annual pay for Mario Rizzo, Executive Vice President and Chief Financial Officer at ALLSTATE CORP as reported in their proxy statements. Mario Rizzo has not been actively trading shares of Allstate during the past quarter. You may also find the annual proxy statement by going directly to the company's website. Over the last 20 years, insiders at Allstate Corp have traded over $110,916,122 worth of Allstate Corp stock and bought 62,875 units worth $3,501,510 How do I contact Mario Rizzo? This chart shows Mario Rizzo's buying and selling at Allstate by year and by quarter. While price is critically important, keeping our customers protected in all areas of their lives is how we keep them in good hands. What is the salary of Mario Rizzo? But the good news is, if China invades Taiwan, there is a way to protect yourself. Mario Rizzo is the Exec. Please enter zip code. Mr. Rizzo earned a salary of $748,616.00, stock awards of $1,349,579.00, options awards of $917,031.00, non-equity compensation of $1,478,500.00, and other compensation of $25,790.00. What is your take on integrating sustainability into financial planning? Mario Rizzo, currently the Chief Financial Officer, has been a full partner in these successes and will succeed Glenn as President, Property-Liability. As the CFO of The Allstate Co., Mr. Rizzo earned a total compensation package of $4,519,516.00 in 2021. Its a broad set of actions, covering everything from pay practices and representation goals, to supplier diversity and adding a new racial equity pillar to the corporate foundation. For its 2021 fiscal year, ALLSTATE CORP, listed the following board members on its annual proxy statement to the SEC. The Allstate Corporation protects people from life's uncertainties with a wide array of protection for autos, homes, electronic devices and identity theft with more than 172 million policies in force. The Allstate Corporation VP & CFO of Allstate Corp since . Phone Email. Allstate Corp executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Finance has been a key part of building our strategy by partnering and collaborating with our businesses and deploying capital to support and accelerate our . There are 5 executives at Allstate Corp getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. The charts on this page feature a breakdown of the total annual pay for the top executives at ALLSTATE CORP as reported in their proxy statements. Location data not available. But we went on to discuss Allstates proactive approach to certain climate change risks, as well as the firms recent efforts around diversity, equity and inclusion (DE&I). Weve made great progress on our cost structure over the past several years, and our finance team has partnered with our business areas to identify and act on cost reduction opportunities. There are 9 executives at Allstate Corp getting paid more, with ThomasWilson having the highest compensation of $19,615,700. You have entered an invalid ZIP. There are 5 executives at Allstate Corp getting paid more, with ThomasWilson having the highest compensation of $19,615,700. He has been instrumental in ensuring Allstate's strong capital management and financial flexibility. Mario Rizzo is the Exec. He is also a certified public accountant. Every carefully selected member of our Board of Directors helps us uphold our commitments to our stakeholders. Mario Rizzo was named president, Property-Liability, at Allstate effective September 1. Mr. Rizzo earned a salary of $748,616.00, stock awards of $1,349,579.00, options awards of $917,031.00, non-equity compensation of $1,478,500.00, and other compensation of $25,790.00. Allstate. BREAKING: Tiny biotech successfully treats blindness. ( bit.ly/2qpn7uh ) Mario Rizzo is Executive Vice President and Chief Financial Officer of The Allstate Corporation and Allstate Insurance Company, as well as a member of Allstates Operating Committee. Chair, President and Chief Executive Officer, Executive Vice President, Chief Marketing, Customer and Communications Officer, Executive Vice President and Chief Claims Officer, Executive Vice President, Chief Legal Officer, General Counsel and Corporate Secretary, Executive Vice President and General Manager, Allstate Property-Liability Sales and Distribution, Executive Vice President, Product, Property-Liability, Executive Vice President and Chief Financial Officer, Executive Vice President and Chief Operating Officer, Property-Liability, Executive Vice President and Chief Risk Officer, Executive Vice President and President, National General, an Allstate company, Executive Vice President, Corporate Business Transformation, Executive Vice President, Chief Human Resources Officer, Executive Vice President and President, Protection Products and Services. Allstate's CFO says staying ahead of the curve is. Mario Rizzo President, Property-Liability Steve Sorenson Executive Vice President, Corporate Business Transformation Bob Toohey Executive Vice President, Chief Human Resources Officer Terrance Williams Executive Vice President and President, Protection Products and Services Meet our board Opinions expressed by Forbes Contributors are their own. VP & CFO at Allstate Corp. What is the salary of Mr Rizzo? Mario has made over 4 trades of the Allstate Corp stock since 2018, according to the Form 4 filled with the SEC. Executive Vice President and Chief Financial Officer. Jess Merten will assume the Chief Financial Officer role, leveraging his broad During the last year, insiders at the insurance provider sold shares 3 times. VP & CFO at Allstate Corp. As the Exec. These products are marketed under the Allstate, Encompass and Esurance brand names. Lisa Wicka. Chart Data in Insider Trading History Table. Location data not available. They sold a total of 176,962 shares worth more than $23,587,115.41. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. As the Chief Financial Officer and Executive Vice President of Allstate Corp, the total compensation of Mario Rizzo at Allstate Corp is $4,426,140. The most active insiders traders include Thomas J Wilson, Edward M Liddy, and John W Rowe. Mario Rizzo Glenn T. Shapiro Thomas J. Wilson BASE PAY $1,378,943 BONUS + INCENTIVE COMP $6,286,039 TOTAL CASH COMPENSATION $7,664,982 STOCK AWARD VALUE $6,335,804 OPTION AWARD VALUE $4,304,994 TOTAL EQUITY $10,640,798 TOTAL OTHER $63,211 TOTAL COMPENSATION $18,368,991 CEO Pay Ratio Rizzo is promoted to Executive Vice President and Chief Financial Officer, reporting to Shebik. Mr. Rizzo owns over 25,648 units of Allstate Corp stock worth over $7,992,109 and over the last 5 years he sold ALL stock worth over $0. Since the start of 2022, Rizzo said Allstate has implemented 64 rate increases with an average of about 9% across 51 locations. As the CFO of The Allstate Co., Mr. Rizzo earned a total compensation package of $4,519,516.00 in 2021. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Rizzo previously served for nearly eight years as Allstates Treasurer and Assistant Treasurer, and as Vice President in APL Finance before that. Please try again. Please. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Its the most important work we do and its who we are as a company. Mario Rizzo is president, Property-Liability, responsible for product, claims, operations, service and distribution related to Allstate's personal and commercial lines of insurance. The Cor. The insurer also promoted Shebik as vice chairman. The most active insiders traders include Thomas J Wilson, Edward M Liddy, and John W Rowe. Rizzo: Inclusive diversity is one of Allstates core values, and its something weve long been committed to. Over the last 20 years, insiders at Allstate Corp have traded over $110,916,122 worth of Allstate Corp stock and bought 62,875 units worth $3,501,510 CEO Pay Ratio For its 2021 fiscal year, ALLSTATE CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. We used a syndicate made up of only minority-, women- and veteran-owned financial firms to execute a $1.2 billion bond offering the largest corporate debt offering ever led by only diverse firms. There are 24 older and 6 younger executives at Allstate Corp. How do you as CFO play a role in differentiating Allstate value through investments in technology, service or product? Last updated: 1 March 2023 at 11:00am EST. Rizzo: At Allstate, we focus on protecting our customers from lifes uncertainties and helping them recover when the worst does happen. We began by discussing how Allstate has differentiated itself in a highly commoditized market where cost savings trumps all, and how the finance team historically a risk-averse business area has helped the company stay ahead of the curve. Of this total $748,616 was received as a salary, $1,478,500 was received as a bonus, $917,031 was received in stock options, $1,349,579 was awarded as stock and $25,790 came from other types of compensation.