In preparation for the retirement of The Allstate Corporation President, Matt Winter, the company has announced a number of senior leadership changes.
The changes include the promotion of Steve Shebik to Vice Chairman of Allstate, a role that sees him oversee Allstate Life and Retirement, Allstate Benefits, Encompass, Esurance, Property-Liability Alternative Segments, Business Transformation, Finance, and D3.
Over the past 22 years with Allstate, Shebik has held a number of roles, including Chief Financial Officer (CFO). He will continue to report to Allstate’s Chairman and Chief Executive Officer (CEO), Tom Wilson.
Executive Vice President (EVP), Allstate Personal Lines Claims, Glenn Shapiro, has been promoted to President of Allstate Personal Lines, a role that sees him oversee product, claims, operations, risk, finance and distribution, also reporting to Wilson.
Thirdly, Allstate has announced the promotion of Mario Rizzo to EVP and CFO, reporting to Shebik. Previously, Rizzo has served as CFO of Allstate Personal Lines.
Wilson commented on the recent leadership changes; “These leadership changes demonstrate Allstate’s effectiveness in developing talent. Matt Winter has been a fabulous partner in preparing for this change by developing leaders, enhancing operating processes and maintaining a focus on precision execution. Steve and Mario have been integral to our success over the last two decades and Glenn’s addition to the team in 2016 made us even stronger.
“Our continued success will be driven by a focused strategy, specific operating priorities and 19 diverse senior leaders, with an average of 15 years at Allstate.”
Winter is leaving the firm in February 2018 after eight years of service, joining Allstate in 2009 as President and CEO of Allstate Financial. Current CEO and Chairman, Wilson, will also serve as President of the company upon Winter’s departure.
“Matt has helped us achieve both strategic and operational success, and build a stronger organization. We wish him continued success in retirement,” added Wilson.
While Winter, said; “It has been a true honor to be part of the leadership team of this great company. I know it is poised for continued success, as Tom has named an outstanding group of key leaders for this organization.”
