Summary
Allstate Corp. (ALL) announced significant executive leadership changes effective February 27, 2012. The most notable change is the appointment of Steven E. Shebik as the new Executive Vice President and Chief Financial Officer. Mr. Shebik brings extensive financial experience within Allstate, having previously served as Senior Vice President and Chief Financial Officer of Allstate Investments and in key financial roles within the Allstate Protection and Allstate Financial segments. These leadership transitions also include Don Civgin moving from CFO to President of Allstate Financial, retaining responsibility for Esurance, and Matthew E. Winter transitioning from President of Allstate Financial to President of Allstate Auto, Home and Agencies. These appointments signal a strategic realignment of key operational and financial leadership within the company.
Key Highlights
- 1Steven E. Shebik appointed as the new Executive Vice President and Chief Financial Officer (CFO).
- 2Don Civgin transitions from CFO to President of Allstate Financial, also retaining oversight of Esurance.
- 3Matthew E. Winter moves from President of Allstate Financial to President of Allstate Auto, Home and Agencies.
- 4All leadership changes are effective February 27, 2012.
- 5The company issued a press release on February 27, 2012, detailing these appointments.
- 6Mr. Shebik has a long history of financial leadership roles within Allstate since 1995.