mario rizzo allstate salary

Do it. The Run-off Property Liability relates to property and casualty insurance policies with exposure to asbestos, environmental and other claims. 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. Owner. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Thomson: Like climate change consumers are asking companies to take a more active role in Diversity, Equity and Inclusion (DE&I) initiatives. 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. Last updated: 1 March 2023 at 11:00am EST. Allstate Announces Senior Leadership Changes The most recent insider tranaction occured on February, 22nd when CFO Jesse E Merten sold 29,451 shares worth more than $3,951,735.18. Rizzo serves as a member of the finance committee and the governing board of UCAN Chicago, an organization focused on empowering youth to develop into future leaders. Mario Rizzo Net Worth The estimated Net Worth of Mario Rizzo is at least Allstate Corp stock worth over 8,231,629$ and over the last 4 . Chicago CFO of the Year is a registered trademark of FEI Chicago. 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 Russia's war on Ukraine latest: Putin casts war as battle for nation's survival, India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom, ZIONS BANCORPORATION, NATIONAL ASSOCIATION, Transcript : The Allstate Corporation, Q4 2022 Earnings Call, Feb 02, 2023, Transcript : The Allstate Corporation - Special Call, Allstate Names Jess Merten as Chief Financial Officer, The Allstate Corporation Announces CFO Changes, The Allstate Corporation Announces Executive Changes, Allstate Reports $223 million in July Catastrophe Losses, Raises Rates, Transcript : The Allstate Corporation, Q2 2022 Earnings Call, Aug 04, 2022. The Allstate Corp. engages in the property and casualty insurance business and the sale of life, accident, and health insurance products through its subsidiaries. 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. Before that, he was chief financial officer of Property-Liability, Allstate treasurer, and vice president, Allstate Protection Finance. 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 All Rights Reserved. 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. In the face of George Floyds murder and the civil unrest that followed, we realized we needed to do more. The information shown here is a reporting of information included in the company's proxy statement. You can see the complete history of Mr. Rizzo stock trades at the bottom of the page. Jim Reynolds, chairman and CEO of Chicago-based Loop Capital, which . Log in, Subscribers need to be logged in to see rest of this article. Insurance is often thought of as a conservative industry, with firms existing to provide customers a hedge against risk. He has held key leadership positions at the company since 1995, including all major operating units. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. Learn More on Mario Rizzo's trading history. 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). During the last year, insiders at the insurance provider sold shares 3 times. Jess Merten will assume the Chief. In addition, he makes $4,426,140 as Chief Financial Officer et Executive Vice President at Allstate Corp. The oldest executive at Allstate Corp (The) is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. Oops! How do you as CFO play a role in differentiating Allstate value through investments in technology, service or product? What is Mario Rizzo's salary? President, Property-Liability 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). You have entered an invalid ZIP. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. He is also a certified public accountant. It had never been done before, so we didnt know if it could be done. Allstate shakes up its leadership - Reinsurance News Salaries posted anonymously by Allstate employees. You may also find the annual proxy statement by going directly to the company's website. The estimated net worth of Mario Rizzo is at least $6.34 million as of May 10th, 2021. As of 4 February 2022 he still owns at least 62,375 units of Allstate Corp stock. document.write(new Date().getFullYear()); Allstate Insurance Company. Allstate Leadership | Allstate Corporation 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. Insurance Tip Tuesday Looks like 2023 will see more increases for AllState Auto Insurance policy holders . Coronavirus Tips Working and Protection. As the Exec. Enter your email address below to get our daily insider buying and selling report. Opinions expressed by Forbes Contributors are their own. Coronavirus Tips Working and Protection, For its 2021 fiscal year, ALLSTATE CORP, listed the following executives on its annual proxy statement to the SEC. For its 2021 fiscal year, ALLSTATE CORP, listed the following board members on its annual proxy statement to the SEC. 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. There are 5 executives at Allstate Corp getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. . Jess Merten will assume the Chief Financial Officer role, leveraging his broad Thorough reviews have been conducted to assure this data accurately reflects disclosures. Rizzo: At Allstate, we focus on protecting our customers from lifes uncertainties and helping them recover when the worst does happen. Molly Wilson on LinkedIn: Allstate's Plan to Return to Profit in Auto Shapiro joined Allstate as chief claims officer in 2016 . Mario Rizzo Net Worth (2022) | wallmine This net worth evaluation does not reflect any other investments that Mr. Rizzo may own. 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. 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. 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. Lisa Wicka. Learn More on Allstate's active insiders. But our solution set is much broader than just reinsurance. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. The Allstate Protection sells private passenger auto and homeowners' insurance through agencies and directly through call centers and the internet. Learn More on Mario Rizzo's trading history. (312) 263-1661 |info@feichicago.org|www.feichicago.org. There are 9 executives at Allstate Corp getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. Rizzo has served as Chief Financial Officer of Allstate Personal Lines as well as corporate Treasurer. Rizzo has a bachelors degree in economics from the University of Michigan and an MBA in finance and accounting from the University of Chicago. 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. Mario Rizzo occupies the position of Chief Financial Officer & Executive Vice President for The Allstate Corp. and Chief Financial Officer & Executive Vice President of Allstate Insurance Co. (a subsidiary of The Allstate Corp.). 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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