mario rizzo allstate salary

As Executive Vice President and Chief Financial Officer at ALLSTATE CORP, Mario Rizzo made $4,519,516 in total compensation. President, Property-Liability 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. But we went on to discuss Allstates proactive approach to certain climate change risks, as well as the firms recent efforts around diversity, equity and inclusion (DE&I). If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Executive Vice President and Chief Financial Officer. All proxy statements are public filings made available to the general public by the SEC. Loop Capital Markets client, Allstate, was an underwriter of the event and invited Sidney Dillard to be interviewed by Mario Rizzo, Allstate Chief Financial Officer to discuss Allstate's ground breaking $1.2 billion November 2020 bond transaction where the company utilized an all diverse-owned investment banking syndicate. Learn More on Mario Rizzo's contact information. Salaries posted anonymously by Allstate employees. We can help protect your phone, your appliances and electronics, and your identity. What is your take on integrating sustainability into financial planning? Mario Rizzo Net Worth The estimated Net Worth of Mario Rizzo is at least Allstate Corp stock worth over 8,231,629$ and over the last 4 . Learn More on Allstate's active insiders. There are 24 older and 6 younger executives at Allstate Corp. 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 . View Mario Rizzo's colleagues in Allstate Employee Directory. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. This represents a 50% increase from the . 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 of 4 February 2022 he still owns at least 62,375 units of Allstate Corp stock. Mario Rizzo: Its true that price is a significant differentiator and a key to driving customer satisfaction. Learn More on Mario Rizzo's salary. Most recently he exercised 25,648 units of ALL stock worth $1,811,262 on 4 February 2022. The insurer also promoted Shebik as vice chairman. In the face of George Floyds murder and the civil unrest that followed, we realized we needed to do more. What else does Allstates finance leadership do to promote DE&I? Log in, Subscribers need to be logged in to see rest of this article. He is also a Certified Public Accountant. Mario Rizzo was named president, Property-Liability, at Allstate effective September 1. 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. 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 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. He has been instrumental in ensuring Allstate's strong capital management and financial flexibility. It's taking a bit longer than expected. 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. Our recent bond issuance is proof of that, where we were able to drive a terrific outcome in supporting equity in financial markets. The largest trade he's ever made was exercising 25,648 units of Allstate Corp stock on 4 February 2022 worth over $1,811,262. The Allstate Corp. engages in the property and casualty insurance business and the sale of life, accident, and health insurance products through its subsidiaries. Rizzo is promoted to Executive Vice President and Chief Financial Officer, reporting to Shebik. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. The impacts of catastrophes and climate change are core to financial planning and risk and return management processes because [theyre] foundational to our sustained success. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Insiders at Allstate own 1.8% of the company. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. But that doesnt mean insurance companies cant be innovative, dynamic changemakers within their industry and in broader society. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. Most recently he exercised 25,648 units of ALL stock worth 1,811,262$ on 4 February 2022. . This information is according to proxy statements filed for the 2021 fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The estimated Net Worth of Mario Rizzo is at least $12 million dollars as of 4 February 2022. 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 strategy with strategic acquisitions. The Allstate Protection sells private passenger auto and homeowners' insurance through agencies and directly through call centers and the internet. Please enter zip code. ( bit.ly/2qpn7uh ) Mario Rizzo is president, Property-Liability, responsible for product, claims, operations, service and distribution related to Allstate's personal and commercial lines of insurance. Mario Rizzo, currently the Chief Financial Officer, has been a full partner in these successes and will succeed Glenn as President, Property-Liability. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.'. As of Sept. 30, Allstate has an investment portfolio of $91.2 billion, a huge amount diverse firms can potentially benefit from. 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. You may also find the annual proxy statement by going directly to the company's website. As the Exec. 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. 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. Weve developed a strategic plan for DE&I, and were accountable at a board level to execute on that. You have entered an invalid ZIP. 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. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Learn More on Allstate's active insiders. Mario's mailing address filed with the SEC is C/O THE ALLSTATE CORPORATION, 3100 SANDERS ROAD, NORTHBROOK, IL, 60062. Rizzo: At Allstate, we focus on protecting our customers from lifes uncertainties and helping them recover when the worst does happen. Mario Rizzo received an undergraduate degree from the University of Michigan and an MBA from The University of Chicago. What is the salary of Mario Rizzo? Allstate can also be reached via phone at (847) 402-5000 and via email at [emailprotected] Learn More on Mario Rizzo's contact information. Jess Merten will assume the Chief. You may also find the annual proxy statement by going directly to the company's website. While price is critically important, keeping our customers protected in all areas of their lives is how we keep them in good hands. 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. What is Mario Rizzo's salary? He is also a certified public accountant. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. 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). Learn More on Mario Rizzo's trading history. 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. Please try again. But our solution set is much broader than just reinsurance. And the thing that stands out most to me is that the execution felt just like any other deal that Ive been part of, and it was a resounding success. On average, Allstate Corp executives and independent directors trade stock every 14 days with the average trade being worth of $4,054,033. 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. Nathan Ellsworth. 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. 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. A free inside look at Allstate salary trends based on 13796 salaries wages for 2935 jobs at Allstate. We owe it to our customers to offer them industry-leading products at affordable prices. Rizzo has served as Chief Financial Officer of Allstate Personal Lines as well as corporate Treasurer. 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. Mr. Rizzo owns over 25,648 units of Allstate Corp stock worth over $7,617,859 and over the last 4 years he sold ALL stock worth over $0. Jess Merten will assume the Chief Financial Officer role, leveraging his broad senior financial executives in the United States and Canada. There are 5 executives at Allstate Corp getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. Last updated: 21 February 2023 at 5:57pm EST. document.write(new Date().getFullYear()); Allstate Insurance Company. Coronavirus Tips Working and Protection, For its 2021 fiscal year, ALLSTATE CORP, listed the following executives on its annual proxy statement to the SEC. There are 21 older and 8 younger executives at Allstate Corp. Oops! Do it. Enter your email address below to get our daily insider buying and selling report. As the Chief Financial Officer and Executive Vice President of The Allstate, the total compensation of Mario Rizzo at The Allstate is $4,426,140. When we do this successfully, well address the price variable of the equation, while also differentiating our customer value proposition in the market. You have entered an invalid ZIP. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Oops! VP & CFO at Allstate Corp. As the Exec. 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 Recent Reinsurance News Intact Financial Corporation has announced that the RSA UK Pension VP & CFO of Allstate Corp, the total compensation of Mr Rizzo at Allstate Corp is $2,028,151. Information on this page was last updated on 2/22/2023. 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? The Allstate Corporation Mr Rizzo is 54, he's been the Exec. 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In addition, he makes $4,426,140 as Chief Financial Officer et Executive Vice President at Allstate Corp. ALLSTATE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. On average, Mario trades about 3,291 units every 90 days since 2018. Last updated: 1 March 2023 at 11:00am EST. Board of Directors in ALLSTATE CORP 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. 2023 Financial Executives International (FEI) Chicago. Please try again. The most active insiders traders include Thomas J Wilson, Edward M Liddy, and John W Rowe. 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. Mario Rizzo, currently the Chief Financial Officer, has been a full partner in these successes and will succeed Glenn as President, Property-Liability. What is the salary of Mario Rizzo? Lisa Wicka. 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. Please. Mario Rizzo is the Exec. In this role, he helps lead the company's Transformative Growth strategy to grow property-liability market share. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Mario Rizzo is Chief Financial Officer, Executive Vice President of the company. ALLSTATE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. We offer a lot beyond typical auto and home insurance. Opinions expressed by Forbes Contributors are their own. There are 9 executives at Allstate Corp getting paid more, with ThomasWilson having the highest compensation of $19,615,700. Learn More about insider trades at Allstate. It's taking a bit longer than expected. 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 Thomson: Like climate change consumers are asking companies to take a more active role in Diversity, Equity and Inclusion (DE&I) initiatives. 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. 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. There are 5 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. Jeff Thomson: Insurance is an increasingly commoditized market, with consumers often choosing carriers based on price alone. Shapiro joined Allstate as chief claims officer in 2016 . Mario Rizzo became Chief Financial Officer in 2018 and has been successful in many different roles since joining Allstate 33 years ago. This was something I learned when I recently spoke with Mario Rizzo, CFO of Allstate. Location data not available. Rizzo previously served for nearly eight years as Allstates Treasurer and Assistant Treasurer, and as Vice President in APL Finance before that. 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. Rizzo: Inclusive diversity is one of Allstates core values, and its something weve long been committed to. Risk avoidance is the name of the game in insurance. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Allstate's CFO says staying ahead of the curve is. This chart shows Mario Rizzo's buying and selling at Allstate by year and by quarter. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. All Rights Reserved. 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.