Mario Rizzo is 53, he's been the Chief Financial Officer and Executive Vice President of Allstate Corp since 2018. Please try again. He has held key leadership positions at the company since 1995, including all major operating units. The most active insiders traders include Thomas J Wilson, Edward M Liddy, and John W Rowe. There are 24 older and 6 younger executives at Allstate Corp. VP & CFO at Allstate Corp. As the Exec. Mario Rizzo: Its true that price is a significant differentiator and a key to driving customer satisfaction. Rizzo has been the senior vice president and chief financial officer of Allstate's personal lines business since June 2014. You may also find the annual proxy statement by going directly to the company's website. Learn More about Mario Rizzo's net worth. Mario Rizzo is the Exec. But the good news is, if China invades Taiwan, there is a way to protect yourself. What motivated your decision making around this and why was it an important move when it came to Allstates DE&I contributions? There are 9 executives at Allstate Corp getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. All proxy statements are public filings made available to the general public by the SEC. Owner. Insurance Tip Tuesday Looks like 2023 will see more increases for AllState Auto Insurance policy holders . 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). 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. 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's CFO says staying ahead of the curve is. The Allstate Protection sells private passenger auto and homeowners' insurance through agencies and directly through call centers and the internet. As the CFO of The Allstate Co., Mr. Rizzo earned a total compensation package of $4,519,516.00 in 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. 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? BREAKING: Tiny biotech successfully treats blindness. You may also find the annual proxy statement by going directly to the company's website. What is your take on integrating sustainability into financial planning? However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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 Allstate Corporation Rizzo has a bachelors degree in economics from the University of Michigan and an MBA in finance and accounting from the University of Chicago. What is Mario Rizzo's salary? 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. 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. During the last year, insiders at the insurance provider sold shares 3 times. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Location data not available. The corporate mailing address for Mr. Rizzo and other Allstate executives is 2775 SANDERS ROAD, NORTHBROOK IL, 60062. Learn More on Allstate's active insiders. On average, Allstate Corp executives and independent directors trade stock every 14 days with the average trade being worth of $4,054,033. When we do this successfully, well address the price variable of the equation, while also differentiating our customer value proposition in the market. Risk avoidance is the name of the game in insurance. 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. 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 the face of George Floyds murder and the civil unrest that followed, we realized we needed to do more. Rizzo has a bachelor's degree in economics from the University of Michigan and a Master of Business Administration in finance and accounting from the University of Chicago. Get notified the next time Mario Rizzo buys or sells Allstate stock. Tom Wilson is the Chair, President and Chief Executive Officer of The Allstate Corporation. Mario's mailing address filed with the SEC is C/O THE ALLSTATE CORPORATION, 3100 SANDERS ROAD, NORTHBROOK, IL, 60062. It had never been done before, so we didnt know if it could be done. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Allstate. For its 2021 fiscal year, ALLSTATE CORP, listed the following board members on its annual proxy statement to the SEC. Mr. Rizzo owns 49,490 shares of Allstate stock worth more than $6,341,154 as of March 4th. Thorough reviews have been conducted to assure this data accurately reflects disclosures. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Nathan Ellsworth. . Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 2023 Financial Executives International (FEI) Chicago. This report is not for commercial use. 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. 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. As the Exec. 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. 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 What else does Allstates finance leadership do to promote DE&I? Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Financial Executives International (FEI) is the premier association for CFOs and other. 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. Please enter zip code. All proxy statements are public filings made available to the general public by the SEC. 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. The most active insiders traders include Thomas J Wilson, Edward M Liddy, and John W Rowe. You have entered an invalid ZIP. ALLSTATE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. While we may all have different views on climate change, the increase in catastrophic activity and wildfires is indisputable. Thomson: Like climate change consumers are asking companies to take a more active role in Diversity, Equity and Inclusion (DE&I) initiatives. Your update should be done soon. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Mario Rizzo, currently the Chief Financial Officer, has been a full partner in these successes and will succeed Glenn as President, Property-Liability. As Executive Vice President and Chief Financial Officer at ALLSTATE CORP, Mario Rizzo made $4,519,516 in total compensation. As Executive Vice President and Chief Financial Officer at ALLSTATE CORP, Mario Rizzo made $4,519,516 in total compensation. 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. He has been instrumental in ensuring Allstate's strong capital management and financial flexibility. Allstate can also be reached via phone at (847) 402-5000 and via email at [emailprotected] Learn More on Mario Rizzo's contact information. Please. The impacts of catastrophes and climate change are core to financial planning and risk and return management processes because [theyre] foundational to our sustained success. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. 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. It's taking a bit longer than expected. 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. 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 While price is critically important, keeping our customers protected in all areas of their lives is how we keep them in good hands. In this role, he helps lead the company's Transformative Growth strategy to grow property-liability market share. Shapiro joined Allstate as chief claims officer in 2016 . All Rights Reserved. This net worth evaluation does not reflect any other investments that Mr. Rizzo may own. He is also a Certified Public Accountant. Enter your email address below to get our daily insider buying and selling report. You have entered an invalid ZIP. Mario Rizzo, currently the Chief Financial Officer, has been a full partner in these successes and will succeed Glenn as President, Property-Liability. (312) 263-1661 |info@feichicago.org|www.feichicago.org. Information on this page was last updated on 2/22/2023. 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 Rizzo: Inclusive diversity is one of Allstates core values, and its something weve long been committed to. Mario Rizzo, currently the Chief Financial Officer, has been a full partner in these successes and will succeed Glenn as President, Property-Liability. 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. 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 are 21 older and 8 younger executives at Allstate Corp. Chart Data in Insider Trading History Table. ALLSTATE CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. All Rights Reserved. There are 5 executives at Allstate Corp getting paid more, with ThomasWilson having the highest compensation of $19,615,700. 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. 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. This report is not for commercial use. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. Together we're building the future of protection. Rizzo has served as Chief Financial Officer of Allstate Personal Lines as well as corporate Treasurer. In November 2020 Allstate made DE&I history when it priced $1.2 billion of 5-year and 10-year senior notes through a syndicate exclusively comprised of minority-, women- and veteran-owned business enterprises (MWVBEs). Mario Rizzo is president, Property-Liability, responsible for product, claims, operations, service and distribution related to Allstate's personal and commercial lines of insurance. What is the salary of Mario Rizzo? ALLSTATE CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Its a complicated issue that requires a comprehensive approach for success. VP & CFO at Allstate Corp. What is the salary of Mr Rizzo? 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.

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