Sundar PichaiSundar Pichai earned $164M in 2023

Matthew E. Winter is the Chief Executive Officer of Allstate Corporation, a major player in the insurance industry. He holds a Bachelor's degree from the University of Michigan and has been with Allstate since 2015, rapidly rising through the ranks...

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Matthew E. Winter

CEO of Allstate

Education

Bachelor's degree from the University of Michigan

Field of Expertise

Finance & Banking - Insurance

Sector of Economy

Financial Services

Born

January 1, 1962 - 63 years ago

CEO of Allstate for

10 years 3 months (Jan 2015 - Present)

Previous Experience

President of Allstate Personal Lines

Holdings

See how much did Matthew E. Winter make over time.

Matthew Winter's investment in Allstate reflects a solid commitment to the firm. In late 2020, his holdings peaked at $22.09 million and have fluctuated since then. As of now, he holds approximately $19 million in assets tied to Allstate. This...

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Total Stock Sold

$34.28M

ALL

$34.28M

473,813 ALL shares

What if they kept their stock?

If Matthew E. Winter didn't sell their stock, today they would have:
Extra ALL473,813 shares worth $44.31M.
This is 29.27% and $10.03M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Matthew E. Winter.

ADT

328 shares

ADT

Jan 9, 2025

Received

ADT

316 shares

ADT

Oct 4, 2024

Received

HIG

$190.00K

HIG at $110.09/share

Jul 29, 2024

Received

ADT

158 shares

ADT

Jul 9, 2024

Received

ADT

20,576 shares

ADT

May 22, 2024

Received

ADT

148 shares

ADT

Apr 4, 2024

Received

ADT

90 shares

ADT

Jan 9, 2024

Received

ADT

$578.46

ADT at $6.22/share

Oct 4, 2023

Received

HIG

$180.00K

HIG at $71.88/share

Jul 31, 2023

Received

ADT

96 shares

ADT

Jul 6, 2023

Received

Compensation History

See how much did Matthew E. Winter make over time.

In 2023, Matthew Winter's total compensation was approximately $2.08 million, which included a base salary of $1.39 million and a cash incentive bonus of $2.08 million. This structure highlights a focus on performance, as his bonus reflected the company's financial results. Over the past few years, his compensation has seen significant fluctuations, with total remuneration peaking at nearly $18.6 million in 2021. The compensation strategy emphasizes rewarding long-term performance and aligning executive interests with those of shareholders. His bonuses, influenced by measures like net income and investment returns, showcase how his role directly connects to the company's success. Winter’s substantial vested stock holdings, valued up to $12.87 million in recent years, further illustrate the potential for earning based on company performance and strategy adaptation.

Year

2023

Total Compensation

$16.33M

Salary

$1.39M

Board Justification

The compensation philosophy is to pay for performance over the long-term, rewarding achievement of key strategic and operational measures on an annual basis, aligning executive compensation with shareholder interests.

Bonus

$2.08M

Board Justification

The annual cash incentive award was approved at $2,077,500, which was 50% of the funding level due to negative net income.

Other

$0.00

Board Justification

Restricted Stock

$12.87M(12.87M Performance Stock Awards (PSAs))

Board Justification

The long-term incentive award granted to the CEO had a grant date fair value of $12,869,173, which was based on performance in delivering strong business results in 2022.

Performance Metrics

Performance metrics include Total Premiums, Performance Net Income, and Net Investment Income.