mario rizzo allstate salary

mario rizzo allstate salaryhow did bryan cranston lose his fingers

"Mario Rizzo, president of Allstate On average, Allstate Corp executives and independent directors trade stock every 14 days with the average trade being worth of $4,054,033. There are 5 executives at Allstate Corp getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. We offer a lot beyond typical auto and home insurance. It was reported that Property-Liability earned premium of $10.9bn increased 8.6% in the second quarter of 2022 compared to the prior year quarter, which was driven primarily by higher average premiums and policies in force growth. This net worth evaluation does not reflect any other investments that Mr. Rizzo may own. 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. The insurer also promoted Shebik as vice chairman. VP & CFO of Allstate Corp, the total compensation of Mr Rizzo at Allstate Corp is $2,028,151. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. The oldest executive at Allstate Corp (The) is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. 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. Thomson: Like climate change consumers are asking companies to take a more active role in Diversity, Equity and Inclusion (DE&I) initiatives. All Rights Reserved. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.'. Jess Merten will assume the Chief Financial Officer role, leveraging his broad financial and operating experience at Allstate over the last decade. 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Mario Rizzo is the Exec. ALLSTATE CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. As of 4 February 2022 he still owns at least 62,375 units of Allstate Corp stock. Together we can continue to drive systemic change. What is the salary of Mario Rizzo? You have entered an invalid ZIP. ( bit.ly/2qpn7uh ) View Mario Rizzo's colleagues in Allstate Employee Directory. Since the start of 2022, Rizzo said Allstate has implemented 64 rate increases with an average of about 9% across 51 locations. Mario Rizzo is president, Property-Liability, responsible for product, claims, operations, service and distribution related to Allstate's personal and commercial lines of insurance. 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 shares were sold at an average price of $122.57, for a transaction totalling $3,143,675.36. For its 2021 fiscal year, ALLSTATE CORP, listed the following board members on its annual proxy statement to the SEC. Our recent bond issuance is proof of that, where we were able to drive a terrific outcome in supporting equity in financial markets. Together we're building the future of protection. 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. VP & CFO at Allstate Corp. As the Exec. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Rizzo has a bachelors degree in economics from the University of Michigan and an MBA in finance and accounting from the University of Chicago. Opinions expressed by Forbes Contributors are their own. "Allstate brand implemented auto rate increases totaled $240. Board of Directors in ALLSTATE CORP 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. 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. 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. senior financial executives in the United States and Canada. Risk avoidance is the name of the game in insurance. These products are marketed under the Allstate, Encompass and Esurance brand names. It's taking a bit longer than expected. Were also a founding member of OneTen, a corporate commitment to hire and promote a million Black Americans over the next 10 years. Allstate can also be reached via phone at (847) 402-5000 and via email at [emailprotected] Learn More on Mario Rizzo's contact information. Do it. 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 . The Allstate Protection sells private passenger auto and homeowners' insurance through agencies and directly through call centers and the internet. Shapiro joined Allstate as chief claims officer in 2016 . The Allstate Corp. engages in the property and casualty insurance business and the sale of life, accident, and health insurance products through its subsidiaries. It's taking a bit longer than expected. Mario Rizzo is the Exec. The estimated Net Worth of Mario Rizzo is at least $12.4 Million dollars as of 4 February 2022. Mario Rizzo received an undergraduate degree from the University of Michigan and an MBA from The University of Chicago. Most recently he exercised 25,648 units of ALL stock worth $1,811,262 on 4 February 2022. Its the most important work we do and its who we are as a company. He is also a certified public accountant. Mario Rizzo Executive Vice President and Chief Financial Officer, The Allstate Corporation Northbrook, IL The Allstate Corporation, +1 more Mario Rizzo Back-end developer Greater Naples. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. ALLSTATE CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Please try again. 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. Most recently, Mario Rizzo sold 25,648 shares of the business's stock in a transaction on Friday, February 4th. Last updated: 21 February 2023 at 5:57pm EST. This report is not for commercial use. The estimated Net Worth of Mario Rizzo is at least $12 million dollars as of 4 February 2022. In addition, he makes $4,426,140 as Chief Financial Officer et Executive Vice President at Allstate Corp. Learn More on Mario Rizzo's salary. This was something I learned when I recently spoke with Mario Rizzo, CFO of Allstate. There are 5 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. Allstate Insurance Company. VP & CFO at Allstate Corp. What is the salary of Mr Rizzo? 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. Learn More on Mario Rizzo's trading history. There are 24 older and 6 younger executives at Allstate Corp. Mr Rizzo is 54, he's been the Exec. There are 21 older and 8 younger executives at Allstate Corp. 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. Please enter zip code. What is your take on integrating sustainability into financial planning? 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. There are 9 executives at Allstate Corp getting paid more, with ThomasWilson having the highest compensation of $19,615,700. During the last year, insiders at the insurance provider sold shares 3 times. Prior to becoming CFO in 2018, Rizzo served as Chief Financial Officer of Allstate Personal Lines (APL), where he was responsible for its comprehensive financial planning and analytics. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Mario Rizzo, currently the Chief Financial Officer, has been a full partner in these successes and will succeed Glenn as President, Property-Liability. 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. Mario has made over 4 trades of the Allstate Corp stock since 2018, according to the Form 4 filled with the SEC. He has served as Senior Vice President and Chief Financial Officer, Allstate Personal Lines of AIC (February 2015 to January 2018); Senior Vice President and Treasurer of The Allstate Corporation (November 2010 to January 2015) and of AIC (November 2010 to February 2015). When we do this successfully, well address the price variable of the equation, while also differentiating our customer value proposition in the market. But our solution set is much broader than just reinsurance. Learn More about Mario Rizzo's net worth. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 2023 Financial Executives International (FEI) Chicago. As the CFO of The Allstate Co., Mr. Rizzo earned a total compensation package of $4,519,516.00 in 2021. He joined the company in 1989. Jess Merten will assume the Chief. This article has been edited and condensed. 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 about insider trades at Allstate. Before that, he was chief financial officer of Property-Liability, Allstate treasurer, and vice president, Allstate Protection Finance. 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 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. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.'. He has been instrumental in ensuring Allstate's strong capital management and financial flexibility. It had never been done before, so we didnt know if it could be done. 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. Chart Data in Insider Trading History Table. Location data not available. Rizzo serves as a member of the finance committee and the governing board of UCAN Chicago, an organization focused on empowering youth to develop into future leaders. Our finance team is accountable for contributing to Allstates success by living into our goals, but we also have unique opportunities to further drive DE&I success. ALLSTATE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. For other finance leaders out there, I just want to say: think big. We owe it to our customers to offer them industry-leading products at affordable prices. The most active insiders traders include Thomas J Wilson, Edward M Liddy, and John W Rowe. 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). Last updated: 1 March 2023 at 11:00am EST. 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 Jess Merten will assume the Chief Financial Officer role, leveraging his broad Learn More on Allstate's active insiders. document.write(new Date().getFullYear()); Allstate Insurance Company. The estimated net worth of Mario Rizzo is at least $6.34 million as of May 10th, 2021. 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. For its 2021 fiscal year, ALLSTATE CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. It operates through following business segments: Allstate Protection, Protection Services, Allstate Health and Benefits, Run-off Property Liability and Corporate and Other. Mario Rizzo is Chief Financial Officer, Executive Vice President of the company. Rizzo: Inclusive diversity is one of Allstates core values, and its something weve long been committed to. . Information on this page was last updated on 2/22/2023. (312) 263-1661 |info@feichicago.org|www.feichicago.org. Jim Reynolds, chairman and CEO of Chicago-based Loop Capital, which . 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). Rizzo previously served for nearly eight years as Allstates Treasurer and Assistant Treasurer, and as Vice President in APL Finance before that. Coronavirus Tips Working and Protection. You have entered an invalid ZIP. Please enter zip code. Lisa Wicka. Enter your email address below to get our daily insider buying and selling report. Jeff Thomson: Insurance is an increasingly commoditized market, with consumers often choosing carriers based on price alone. 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 Rizzo serves as a member of the Finance Committee and the Governing Board of UCAN Chicago, an organization focused on empowering youth to develop into our future leaders. Chicago CFO of the Year is a registered trademark of FEI Chicago. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. But the good news is, if China invades Taiwan, there is a way to protect yourself. Mario Rizzo Glenn T. Shapiro BASE PAY $836,539 BONUS + INCENTIVE COMP $1,906,680 TOTAL CASH COMPENSATION $2,743,219 STOCK AWARD VALUE $1,621,454 OPTION AWARD VALUE $1,101,729 TOTAL EQUITY $2,723,183 TOTAL OTHER $34,593 TOTAL COMPENSATION $5,500,995 Q Phone Email. 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. Mario Rizzo became Chief Financial Officer in 2018 and has been successful in many different roles since joining Allstate 33 years ago. 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 Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. 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. 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. Rizzo has served as Chief Financial Officer of Allstate Personal Lines as well as corporate Treasurer. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. There are 5 executives at Allstate Corp getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. Weve developed a strategic plan for DE&I, and were accountable at a board level to execute on that. He has been CEO of Allstate since 2007 and became Chair of The Allstate Corporation's Board of Directors in 2008. 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. We can help protect your phone, your appliances and electronics, and your identity. Please. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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 As the Exec. We have modified underwriting, redesigned our homeowners product to better match price with risk and created an internal brokerage to provide customers alternatives for coverage. Log in, Subscribers need to be logged in to see rest of this article. VP & CFO of Allstate Corp, the total compensation of Mr Rizzo at Allstate Corp is $2,028,151. This chart shows Mario Rizzo's buying and selling at Allstate by year and by quarter. Most recently he exercised 25,648 units of ALL stock worth 1,811,262$ on 4 February 2022. . Thorough reviews have been conducted to assure this data accurately reflects disclosures. In the face of George Floyds murder and the civil unrest that followed, we realized we needed to do more. 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. On average, Allstate Corp executives and independent directors trade stock every 14 days with the average trade being worth of $4,054,033.

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mario rizzo allstate salary

mario rizzo allstate salary