mario rizzo allstate salary

Do it. 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. What is your take on integrating sustainability into financial planning? President, Property-Liability Learn More on Allstate's active insiders. 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. Were also a founding member of OneTen, a corporate commitment to hire and promote a million Black Americans over the next 10 years. What else does Allstates finance leadership do to promote DE&I? As of Sept. 30, Allstate has an investment portfolio of $91.2 billion, a huge amount diverse firms can potentially benefit from. Tom Wilson is the Chair, President and Chief Executive Officer of The Allstate Corporation. Allstate's CFO says staying ahead of the curve is. 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. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. The estimated net worth of Mario Rizzo is at least $6.34 million as of May 10th, 2021. There are 9 executives at Allstate Corp getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. 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. Jess Merten will assume the Chief Financial Officer role, leveraging his broad financial and operating experience at Allstate over the last decade. VP & CFO of Allstate Corp, the total compensation of Mr Rizzo at Allstate Corp is $2,028,151. 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. 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. Salaries posted anonymously by Allstate employees. Rizzo has served as Chief Financial Officer of Allstate Personal Lines as well as corporate Treasurer. This represents a 50% increase from the . He has been instrumental in ensuring Allstate's strong capital management and financial flexibility. Weve also advocated for the creation of more hurricane-resistant building codes, and the creation of state risk-sharing facilities such as the FHCF and the CEA. 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). You have entered an invalid ZIP. 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: 21 February 2023 at 5:57pm EST. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. What is the salary of Mario Rizzo? Rizzo is promoted to Executive Vice President and Chief Financial Officer, reporting to Shebik. While price is critically important, keeping our customers protected in all areas of their lives is how we keep them in good hands. Mario Rizzo became Chief Financial Officer in 2018 and has been successful in many different roles since joining Allstate 33 years ago. 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). Allstate. This report is not for commercial use. What motivated your decision making around this and why was it an important move when it came to Allstates DE&I contributions? There are 5 executives at Allstate Corp getting paid more, with Thomas Wilson having the highest compensation of $19,615,700. This report is not for commercial use. 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. When we do this successfully, well address the price variable of the equation, while also differentiating our customer value proposition in the market. 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. The corporate mailing address for Mr. Rizzo and other Allstate executives is 2775 SANDERS ROAD, NORTHBROOK IL, 60062. 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. Mario Rizzo: Its true that price is a significant differentiator and a key to driving customer satisfaction. Last updated: 1 March 2023 at 11:00am EST. 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 This information is according to proxy statements filed for the 2021 fiscal year. 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. He has held key leadership positions at the company since 1995, including all major operating units. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. VP & CFO at Allstate Corp. What is the salary of Mr Rizzo? Owner. 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. In this role, he helps lead the company's Transformative Growth strategy to grow property-liability market share. As Executive Vice President and Chief Financial Officer at ALLSTATE CORP, Mario Rizzo made $4,519,516 in total compensation. It's taking a bit longer than expected. 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. On average, Allstate Corp executives and independent directors trade stock every 14 days with the average trade being worth of $4,054,033. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. In the face of George Floyds murder and the civil unrest that followed, we realized we needed to do more. Allstate CFO Mario Rizzo. During the last year, insiders at the insurance provider sold shares 3 times. The Allstate Corporation Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Lisa Wicka. We have a powerful team that guides us to be bold, innovative and collaborative. Mr Rizzo is 54, he's been the Exec. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.'. Recent Reinsurance News Intact Financial Corporation has announced that the RSA UK Pension VP & CFO at Allstate Corp. As the Exec. Mario Rizzo received an undergraduate degree from the University of Michigan and an MBA from The University of Chicago. Mario Rizzo, currently the Chief Financial Officer, has been a full partner in these successes and will succeed Glenn as President, Property-Liability. Jess Merten, president of Allstate's financial products business, will take over as CFO, also on September 1. VP & CFO of Allstate Corp since . As Executive Vice President and Chief Financial Officer at ALLSTATE CORP, Mario Rizzo made $4,519,516 in total compensation. Jess Merten will assume the Chief. Rizzo: At Allstate, we focus on protecting our customers from lifes uncertainties and helping them recover when the worst does happen. Learn More on Mario Rizzo's salary. In addition, he makes $4,426,140 as Chief Financial Officer et Executive Vice President at Allstate Corp. Log in, Subscribers need to be logged in to see rest of this article. Risk avoidance is the name of the game in insurance. We can help protect your phone, your appliances and electronics, and your identity. . Together we're building the future of protection. The oldest executive at Allstate Corp (The) is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. Mario Rizzo Net Worth The estimated Net Worth of Mario Rizzo is at least Allstate Corp stock worth over 8,231,629$ and over the last 4 . Learn More on Mario Rizzo's trading history. VP & CFO of Allstate Corp, the total compensation of Mr Rizzo at Allstate Corp is $2,028,151. What is the salary of Mario Rizzo? Jim Reynolds, chairman and CEO of Chicago-based Loop Capital, which . Our recent bond issuance is proof of that, where we were able to drive a terrific outcome in supporting equity in financial markets. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. . 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. He is also a Certified Public Accountant. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Learn More on Mario Rizzo's trading history. 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 Oops! All Rights Reserved. Executive Vice President and Chief Financial Officer. Mr. Rizzo owns 49,490 shares of Allstate stock worth more than $6,341,154 as of March 4th. The oldest executive at Allstate Corp (The) is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. ( bit.ly/2qpn7uh ) 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. 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. 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.