NORTHBROOK, Ill., Dec. 17, 2014 /PRNewswire/ -- The Allstate
Corporation (NYSE: ALL) today announced organizational and
leadership changes to align with its customer-focused strategy,
improve operational effectiveness and leverage management
talent.
"These changes will help us build the next-generation
corporation which delivers strong business results as a
purpose-driven organization that improves the lives of people and
communities," said Thomas J. Wilson,
chairman, president and chief executive officer of The Allstate
Corporation. "We will better serve customers, accelerate innovation
and continue to set the pace of change for the competition."
The following changes are effective January 5, 2015:
Matt Winter Named Allstate President
Matt Winter is being promoted to
president of The Allstate Corporation and chief executive officer
of Allstate Life Insurance Company, from his current role as
president, Allstate Personal Lines. Winter retains responsibility
for the Allstate branded property-casualty business and will
integrate Allstate's life insurance operations into Allstate
Personal Lines. He will continue to report to Wilson, who remains
chairman and chief executive officer. Winter joined Allstate in
2009 as president and CEO of Allstate Financial and has held senior
leadership positions with American International Group,
Massachusetts Mutual Life and Connecticut Mutual Life Insurance
Company.
"Matt is an exceptional leader. He has been a key to our success
in positioning Allstate agencies for profitable growth," Wilson
said. "I'm excited about the opportunity to continue working
together to further improve our competitive position."
To better serve customers, Allstate brand distribution will be
organized to enhance the trusted advisor role of Allstate agencies.
Western Territory President James A.
Haskins will be promoted to executive vice president,
Allstate Brand Distribution. Haskins has more than two decades of
transformational leadership in the insurance industry. To modernize
the operating model, a number of operating activities will be
consolidated into one unit, which will be led by Jim DeVries as executive vice president,
Allstate Brand Operations. DeVries has successfully led many
organizational changes and is currently Allstate's chief
administrative officer.
"I am grateful to be a part of Allstate's longstanding tradition
of providing customers the best overall value in the marketplace
through the finest agency system in the industry," Winter said.
"And I am excited to partner with Tom and the rest of our
associates in that mission."
Emerging Businesses
Businesses that serve multiple customer segments and markets
will make up the Emerging Businesses organization, which will be
led by Don Civgin as president,
Emerging Businesses, reporting to Wilson. This organization will
include Business-to-Business, Esurance, Answer Financial, annuities
and the company's connected car initiatives. The
Business-to-Business organization includes Encompass, Ivantage,
Allstate Dealer Services, Allstate Business Insurance, Allstate
Roadside Services and Allstate Benefits, and will continue to be
successfully led by Kathy Mabe.
Civgin is currently president and chief executive officer of
Allstate Financial and oversees Esurance. He previously was
Allstate's chief financial officer.
"Allstate has a vast array of growth opportunities, in addition
to those available through Allstate agencies. Leveraging their
combined strength while maintaining highly focused independent
operations will best meet the needs of customers and shareholders,"
said Wilson.
Enterprise Technology and Strategic Ventures
Suren Gupta, executive vice
president, Allstate Technology & Operations, will take on the
role of executive vice president, Enterprise Technology and
Strategic Ventures. He will lead the global technology organization
and oversee Allstate's investments in companies that advance its
technology-driven customer-focused strategy. Gupta will continue
reporting to Wilson.
Harriet Harty to Lead Human
Resources
Harriet Harty is being promoted
to executive vice president, Human Resources, reporting to
Tom Wilson. She has had great
success in a wide range of responsibilities within Human Resources
in nearly 20 years with Allstate.
The Allstate Corporation (NYSE: ALL) is the nation's largest
publicly held personal lines insurer, protecting approximately 16
million households from life's uncertainties through its Allstate,
Encompass, Esurance and Answer Financial brand names and Allstate
Financial business segment. Allstate is widely known through the
slogan "You're In Good Hands With Allstate®." The
Allstate brand's network of small businesses offers auto, home,
life and retirement products and services to customers in
the United States and Canada. In 2013, The Allstate Foundation,
Allstate, its employees and agency owners gave $29 million to support local communities.
Allstate employees and agency owners donated 200,000 hours of
service across the country.
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