Allstate Selects Matthew Winter as President and CEO of Allstate Financial
October 06 2009 - 1:15PM
Business Wire
Allstate (NYSE: ALL) today announced it has selected Matthew
Winter, 52, as president and chief executive officer of Allstate
Financial. Winter will be responsible for leading Allstate
Financial’s effort to provide life insurance and retirement
products to middle-income Americans. He will serve as a member of
the corporation's senior management team, reporting to Thomas J.
Wilson, Allstate’s chairman, president and chief executive officer.
Winter will join Allstate effective October 26.
“Matt’s outstanding track record of success, experience and
leadership make him an excellent addition to our team,” said
Wilson. “He has the intellectual capacity, creativity and
enthusiasm to drive our vision of reinventing protection and
retirement.”
For the past 15 years, Winter has held senior leadership
positions at large-scale providers of life insurance and other
financial products. He most recently served as vice chairman of
American International Group, and was president and CEO for AIG
American General Domestic Life Companies for approximately three
years. Before joining AIG, Winter was executive vice president at
Massachusetts Mutual Life Insurance Company. Early in his career,
Winter spent over 12 years on active duty with the U.S. Army, and
also practiced law for several years before joining the insurance
industry. Winter earned a B.S. from the University of Michigan, a
J.D. from Albany Law School of Union University, and an LL.M. from
the University of Virginia School of Law.
“I am very pleased to be joining such a high caliber, high
energy management team, and I am excited about the tremendous
opportunity ahead,” Winter said. “Middle-income Americans are
overlooked and underserved when it comes to financial services.
Allstate’s strong brand and network of Allstate agents across the
country give Allstate Financial a unique opportunity to help these
hard-working consumers protect their families and prepare for
retirement.”
Prior to Winter’s appointment, Allstate Financial was led by
George Ruebenson, who assumed the interim Allstate Financial CEO
role in December 2008 in addition to his responsibilities as
president of Allstate Protection, Allstate’s property and casualty
business unit. Ruebenson will continue as president of Allstate
Protection.
The Allstate Corporation (NYSE: ALL) is the nation’s largest
publicly held personal lines insurer. Widely known through the
“You’re In Good Hands With Allstate®” slogan, Allstate is
reinventing protection and retirement to help more than 17 million
households insure what they have today and better prepare for
tomorrow. Consumers access Allstate insurance products and services
through Allstate agencies, independent agencies, and Allstate
exclusive financial representatives in the U.S. and Canada, as well
as via www.allstate.com and 1-800 Allstate®.
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