Sundar PichaiSundar Pichai earned $164M in 2023
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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

Born

January 1, 1962 - 63 years ago

Economy Sector

Financial Services

Current Tenure

10 years 1 month (Jan 2015 - Present)

Previous Experience

President of Allstate Personal Lines

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...

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.