NORTHBROOK, Ill., Feb. 27, 2012 /PRNewswire/ -- The Allstate
Corporation (NYSE: ALL) Chairman, President and Chief Executive
Officer Thomas J. Wilson today
announced senior leadership changes at the company. Matt Winter is named president, Allstate Auto,
Home and Agencies, Don Civgin
becomes president, Allstate Financial, and Steve Shebik is promoted to chief financial
officer.
In his new role, Winter will lead Allstate's personal lines
businesses that provide auto and home insurance through Allstate
agencies. Winter was previously senior executive vice president,
Insurance Operations, and president and chief executive officer,
Allstate Financial. He successfully repositioned the Allstate
Financial business by shifting its focus to underwritten products
sold through Allstate agencies and the workplace.
Prior to these changes, Mark
LaNeve, senior executive vice president, agency operations
and chief marketing officer, had resigned for personal reasons.
"I regret having to leave Allstate since our strategy and hard
work are beginning to pay off," said LaNeve. "Allstate is a great
company with an awesome brand, a winning strategy and strong
leadership. Tom Wilson has set a
bold course by focusing on differentiating products for unique
customer segments. I will be cheering as they continue to build on
a fabulous franchise."
"Mark's resignation was a personal one," Wilson said. "Mark and
Matt have made tremendous progress together over the last five
months, working as a team to establish the priorities for the
Allstate Auto, Home and Agencies organization. We accept Mark's
decision and are confident in the abilities of our strong
leadership team to generate results that will have Allstate win in
the marketplace."
Civgin assumes the leadership responsibilities for Allstate
Financial, building on the strong progress Matt Winter has made over the last three years.
Civgin has been chief financial officer since 2009 and has
significantly expanded risk management capabilities, proactively
managed the company's capital and led the acquisition of Esurance
and Answer Financial. Civgin will continue to oversee the Esurance
and Answer Financial management teams.
With Civgin's change in roles, Shebik is being promoted to chief
financial officer. Shebik will continue efforts to expand risk
management functions and effectively manage the company's capital.
He has held senior finance roles in property and casualty, Allstate
Financial, investments and treasury areas over the last 16
years.
Steve Verney will remain as chief
risk officer and is being promoted to the senior leadership team.
He will report to Wilson. Verney began his Allstate career in 1981
and has served in a broad array of positions, including vice
president, treasurer and vice president, finance for both Allstate
Protection and Allstate Financial.
"This new structure leverages our strong leadership team, is
consistent with our strategy of providing differentiated products
and services for unique customer segments and will drive focus on
our 2012 operating priorities," said Wilson.
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 nearly 16 million
households insure what they have today and better prepare for
tomorrow. Consumers access Allstate insurance products (auto, home,
life and retirement) 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®. As part of Allstate's commitment to strengthen
local communities, The Allstate Foundation, Allstate employees,
agency owners and the corporation provided $28 million in 2011 to thousands of nonprofit
organizations and important causes across the United States.
SOURCE The Allstate Corporation