Learn More on Mario Rizzo's salary. Rizzo has held numerous senior roles at Allstate during his 33 years with the company, most recently as executive vice president and chief financial officer of The Allstate Corporation and Allstate Insurance Company. Location data not available. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Your update should be done soon. The information shown here is a reporting of information included in the company's proxy statement. Get notified the next time Mario Rizzo buys or sells Allstate stock. There are 5 executives at Allstate Corp getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. NORTHBROOK, Ill., Feb. 22, 2021 - The Allstate Corporation (NYSE: ALL) board of directors has approved a quarterly dividend of $0.81 cents on each outstanding share of the corporation's common stock, payable in cash on April 1, 2021, to stockholders of record at the close of business on March 4, 2021. 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. President, Property-Liability
This chart shows Mario Rizzo's buying and selling at Allstate by year and by quarter. Mario Rizzo is the Exec. The most active insiders traders include Thomas J Wilson, Edward M Liddy, and John W Rowe. The Protection Services provides a range of products and services that expand and enhance customer value propositions including SquareTrade, Arity, Allstate Roadside and Allstate Dealer Services. In this role, he helps lead the company's Transformative Growth strategy to grow property-liability market share. In addition, he makes $4,426,140 as Chief Financial Officer and Executive Vice President at Allstate Corp. Mario has made over 4 trades of the Allstate Corp stock since 2018, according to the Form 4 filled with the SEC. Together we're building the future of protection. Rizzo has a bachelors degree in economics from the University of Michigan and an MBA in finance and accounting from the University of Chicago. When we do this successfully, well address the price variable of the equation, while also differentiating our customer value proposition in the market. Its the most important work we do and its who we are as a company. While we may all have different views on climate change, the increase in catastrophic activity and wildfires is indisputable. We take a comprehensive approach to managing our property business, with the dual goals of protecting our customers and earning an adequate return on the risks we take. ALLSTATE CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. As Executive Vice President and Chief Financial Officer at ALLSTATE CORP, Mario Rizzo made $4,519,516 in total compensation. The estimated Net Worth of Mario Rizzo is at least $12.4 Million dollars as of 4 February 2022. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The Run-off Property Liability relates to property and casualty insurance policies with exposure to asbestos, environmental and other claims. Jess Merten, president of Allstate's financial products business, will take over as CFO, also on September 1. He has been CEO of Allstate since 2007 and became Chair of The Allstate Corporation's Board of Directors in 2008. VP & CFO of Allstate Corp since . Chart Data in Insider Trading History Table. 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. Rizzo: Inclusive diversity is one of Allstates core values, and its something weve long been committed to. 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. This represents a 50% increase from the . Location data not available. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Rizzo has served as Chief Financial Officer of Allstate Personal Lines as well as corporate Treasurer. Last updated: 21 February 2023 at 5:57pm EST. It's taking a bit longer than expected. In this role, he helps lead the company's Transformative Growth strategy to grow property-liability market share. VP & CFO at Allstate Corp. What is the salary of Mr Rizzo? The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Learn More on Mario Rizzo's contact information. How do you as CFO play a role in differentiating Allstate value through investments in technology, service or product? This article has been edited and condensed. Coronavirus Tips Working and Protection. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Learn More on Allstate's active insiders. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.'. Jim Reynolds, chairman and CEO of Chicago-based Loop Capital, which . We are in the business of taking risk and generating adequate returns on those risks, and we have been managing the impacts of climate change in our homeowners business for many years. 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. Rizzo is promoted to Executive Vice President and Chief Financial Officer, reporting to Shebik. 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. Please enter zip code. "Mario Rizzo, president of Allstate We owe it to our customers to offer them industry-leading products at affordable prices. Most recently he exercised 25,648 units of ALL stock worth $1,811,262 on 4 February 2022. Mr. Rizzo owns 49,490 shares of Allstate stock worth more than $6,341,154 as of March 4th. There are 5 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. Another thing differentiating Allstate is the breadth of our products. 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 . Mario Rizzo - FEI Chicago Chapter Financial Executives International (FEI) is the premier association for CFO's and other senior financial executives in the United States and Canada. 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. Your update should be done soon. We can help parents teach their kids to be safer drivers with our Drivewise telematics offering and, as people have been driving less since the beginning of the pandemic, our pay-per-mile Milewise product has grown dramatically, meeting the evolving driving needs of consumers and encouraging a low-carbon economy. the fourth largest private passenger auto insurer in the U.S. click here for information on our satisfaction guaranteed subscription options, Collision Repair Industry Production Sets New Record in December, AAA Reports Fear of Self-Driving Cars on the Rise, RDA Executive Director Robert McKenzie Passes Away, CCC Reports Revenue of $782 Million in 2022, Pennsylvania Insurance Department Fines First Acceptance Insurance Company for Misleading Consumers, Chief Automotive Donates $75,000 Worth of Tools and Subscriptions to Collision Repair Schools Through CREF, Take the Collision Repair Business Conditions Survey. The Allstate Corporation 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 insurer also promoted Shebik as vice chairman. The most active insiders traders include Thomas J Wilson, Edward M Liddy, and John W Rowe. Recent Reinsurance News Intact Financial Corporation has announced that the RSA UK Pension The estimated Net Worth of Mario Rizzo is at least $12 million dollars as of 4 February 2022. document.write(new Date().getFullYear()); Allstate Insurance Company. 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. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. You have entered an invalid ZIP. As the Exec. Learn More about Mario Rizzo's net worth. The oldest executive at Allstate Corp (The) is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. A free inside look at Allstate salary trends based on 13796 salaries wages for 2935 jobs at Allstate. 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 The most recent insider tranaction occured on February, 22nd when CFO Jesse E Merten sold 29,451 shares worth more than $3,951,735.18. Mr Rizzo is 54, he's been the Exec. How do I contact Mario Rizzo? Please try again. Oops! Board of Directors in ALLSTATE CORP This was something I learned when I recently spoke with Mario Rizzo, CFO of Allstate. Executive Vice President and Chief Financial Officer. 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. Mario Rizzo is president, Property-Liability, responsible for product, claims, operations, service and distribution related to Allstate's personal and commercial lines of insurance. This report is not for commercial use. 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. ALLSTATE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. VP & CFO of Allstate Corp, the total compensation of Mr Rizzo at Allstate Corp is $2,028,151. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Insurance Tip Tuesday Looks like 2023 will see more increases for AllState Auto Insurance policy holders . 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. ( bit.ly/2qpn7uh ) He is also on the board of Allstate Life Insurance Co., Uhlich Children's Advantage Network, National General Holdings Corp. and Allstate Global Holdings Ltd. Mario Rizzo received an undergraduate degree from the University of Michigan and an MBA from The University of Chicago. We have a powerful team that guides us to be bold, innovative and collaborative. document.write(new Date().getFullYear()); Allstate Insurance Company. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. As the CFO of The Allstate Co., Mr. Rizzo earned a total compensation package of $4,519,516.00 in 2021. Do it. Allstate's insider roster includes John Dugenske (Insider), Suren Gupta (EVP), Harriet Harty (EVP), Susan Lees (EVP), Jesse Merten (Insider), Samuel Pilch (VP), John Pintozzi (CAO), Mark Prindiville (EVP), Mario Rizzo (CFO), Steven Shebik (Vice Chairman), Judith Sprieser (Director), Thomas Wilson (CEO), and Matthew Winter (President). All proxy statements are public filings made available to the general public by the SEC. Tom Wilson is the Chair, President and Chief Executive Officer of The Allstate Corporation. What motivated your decision making around this and why was it an important move when it came to Allstates DE&I contributions? View Mario Rizzo's colleagues in Allstate Employee Directory. Salaries posted anonymously by Allstate employees. The shares were sold at an average price of $122.57, for a transaction totalling $3,143,675.36. Mario Rizzo is the Exec. How has Allstates business model adapted to climate change, where there is no longer a question of if catastrophes will happen, just when? Is Allstate taking a more active role in helping clients implement more sustainable business practices? Mario Rizzo, currently the Chief Financial Officer, has been a full partner in these successes and will succeed Glenn as President, Property-Liability. For its 2021 fiscal year, ALLSTATE CORP, listed the following board members on its annual proxy statement to the SEC. What else does Allstates finance leadership do to promote DE&I? Oops! For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Please try again. The Allstate Health and Benefits offers voluntary benefits and individual life and health products, including life, accident, critical illness, short term disability and other health insurance products sold through workplace enrolling independent agents and Allstate exclusive agencies. You may also find the annual proxy statement by going directly to the company's website. But the good news is, if China invades Taiwan, there is a way to protect yourself. Before that, he was chief financial officer of Property-Liability, Allstate treasurer, and vice president, Allstate Protection Finance. On average, Mario trades about 3,291 units every 90 days since 2018. He is on the board of directors of St. Laurence High School in Burbank, Illinois. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. For its 2021 fiscal year, ALLSTATE CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. They sold a total of 176,962 shares worth more than $23,587,115.41. You have entered an invalid ZIP. Allstate has disclosed that its president of property-liability, Glenn Shapiro, is retiring, effective September 30, with CFO Mario Rizzo taking his place, effective September 1. 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