8-K/ALeadership ChangesExhibits & Filings

ALLSTATE CORP 8-K/A Report, Executive Changes (Mar 7, 2012)

Filed March 7, 2012For Securities:ALLALL-PJALL-PBALL-PHALL-PI

Summary

This 8-K filing from Allstate Corporation (ALL) serves as an amendment to a previous report, detailing significant executive leadership changes effective February 27, 2012. The key announcement is the appointment of Steven E. Shebik as Executive Vice President and Chief Financial Officer. This transition involves a reshuffling of responsibilities among other senior executives, with Don Civgin moving to President of Allstate Financial (retaining Esurance oversight) and Matthew E. Winter becoming President of Allstate Auto, Home, and Agencies. These changes reflect a strategic realignment of leadership within the company's core operational segments.

Key Highlights

  • 1Steven E. Shebik appointed Executive Vice President and Chief Financial Officer, effective February 27, 2012.
  • 2Don Civgin transitions from CFO to President of Allstate Financial, retaining responsibility for Esurance.
  • 3Matthew E. Winter moves from President of Allstate Financial to President of Allstate Auto, Home and Agencies.
  • 4Shebik's compensation includes an annual salary of $550,000.
  • 5Shebik was awarded 9,736 shares of performance stock and an option to purchase 35,014 shares of common stock.
  • 6The stock awards were granted under the Allstate Corporation's 2009 Equity Incentive Plan, as amended.
  • 7This filing is an amendment to a previous 8-K report filed on February 27, 2012, providing updated details on executive compensation related to the CFO appointment.

Frequently Asked Questions

Steven E. Shebik has been appointed as the new Executive Vice President and Chief Financial Officer, effective February 27, 2012.

Don Civgin is now the President of Allstate Financial (also overseeing Esurance), and Matthew E. Winter is the President of Allstate Auto, Home and Agencies. These changes are part of a broader leadership realignment.

Steven E. Shebik's compensation includes an annual salary of $550,000, along with an award of 9,736 shares of performance stock and an option to purchase 35,014 shares of common stock, granted under the company's 2009 Equity Incentive Plan.

This filing is an amendment to a prior 8-K report from February 27, 2012. It provides additional details, specifically regarding the compensatory arrangements for Steven E. Shebik upon his appointment as CFO, which were finalized on March 6, 2012.