Allstate CEO Wilson Adds President to Title as Winter Retires; Three Execs Promoted

January 4, 2018

The Allstate Corp.’s succession planning is in full swing as it prepares for the retirement of its president, Matt Winter, in February 2018.

Allstate Chairman and CEO Thomas Wilson plans to take over the role as president after Winter’s departure, according to a regulatory filing.

Also, the nation’s largest publicly held personal lines insurer said it has promoted three of its executives in anticipation of Winter’s departure. Winter is retiring after eight years at Allstate and a 25-year career in insurance.

Here are the executive changes:

As for Winter, Wilson referred to him as someone who has been instrumental in helping with the insurer’s succession planning.

Winter “has been a fabulous partner in preparing for this change by developing strong leaders, enhancing operating processes and maintaining a focus on precision execution,” Wilson said in prepared remarks.

He added that Wilson was key in helping the insurer “achieve both strategic and operational success, and build a stronger organization.”

Source: The Allstate Corp.