Allstate Announces Updates to Leadership Team

Leadership Changes - The Allstate Corporation announced changes to its senior leadership team effective October 1, 2025 [1] - Mario Rizzo will become Chief Operating Officer, overseeing the Property-Liability and Protection Services businesses, previously serving as President of Property-Liability [3] - Jess Merten, the current Chief Financial Officer, will transition to President of Property-Liability, reporting to Rizzo [3] - John Dugenske will serve as interim Chief Financial Officer while an external search is conducted, in addition to his role as President of Investments and Corporate Strategy [3] Transformative Growth Initiative - Tom Wilson, Chair, President, and CEO, stated that the Transformative Growth initiative has positioned Allstate to increase its property-liability market share and enhance customer protection [2] - The leadership changes are seen as a logical step to complete the Transformative Growth initiative and leverage artificial intelligence for better customer service and shareholder returns [2] Company Overview - Allstate Corporation (NYSE: ALL) provides protection against life's uncertainties through affordable and connected protection for autos, homes, electronic devices, and identities [2] - The company has over 208 million policies in force and utilizes a broad distribution network, including Allstate agents, independent agents, major retailers, online platforms, and workplaces [2]