Thomas J. Wilson has been leading The Allstate Corporation since January 2007, serving as its CEO and Chair. His journey with Allstate began in 1995, and he’s held various senior roles that shaped his approach to leadership. He earned a...

Current Market Cap

$51.67B

Number of Employees

53.4K

Total Compensation

2019 - 2023

Trending up by 145.22% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -100.00% last year

Other

Up by 125.82% last year

Year

2023

Total Compensation

$9.42M

Salary

$1.39M

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with long-term shareholder value through a mix of cash and equity incentives.

Bonus

$0.00

Board Justification

No bonus was awarded due to performance metrics not being met, resulting in a 50% reduction in the incentive pool due to negative net income.

Other

$156.28K

Board Justification

Includes personal use of aircraft, 401(k) match, and other benefits such as financial planning services and ground transportation.

Restricted Stock

$7.88M(0 PSAs)

Board Justification

The value of performance stock awards (PSAs) granted in 2023 is based on target performance; actual vesting will depend on performance metrics over a three-year period.

Performance Metrics

Performance metrics for 2023 included Total Premiums, Performance Net Income, and Net Investment Income, with a significant reduction in the incentive pool due to negative net income.

SEC Filing

From April 1, 2024