Allstate (ALL)

People

“People are the key to our success. It is the experience of our leadership team, the talent of our employees, and the dedication of our agency owners and their staff that will enable us to achieve our goal of reinventing protection and retirement for the consumer,” Wilson said.  Allstate added to its senior management team in March when James DeVries joined the company as senior vice president of human resources, replacing Joan Crockett who retired after 35 years of service.

People

“The Allstate team again outperformed the industry in 2007,” said Wilson, who marked the end of his first year as chief executive officer and his 13^th year with the Company. “We fulfilled the Good Hands promise to thousands of our customers in Southern California, helping them recover from one of the state’s costliest natural disasters. We also continued to reinvent protection and retirement for the consumer by launching several new innovative products. We kept our commitment to shareholders by meeting our combined ratio outlook for the year, generating solid growth in book value per share and attractive returns on equity.  In keeping with our commitment to our employees, we’re sharing the Company’s success with non-bonus eligible employees through a profit sharing match of $1.42 for every $1.00 they contributed to the Allstate Profit Sharing Fund.

People

“Underlying Allstate’s solid results for the quarter is an outstanding team of Allstate employees and distribution partners,” Wilson said. During the course of the third quarter, Allstate was recognized as one of Working Mother magazine’s 100 Best Companies, Latina Style magazine’s Top 50 Companies for Latinas to Work, and Hispanic Business magazine’s Diversity Elite 60.

Allstate continues to benefit from strong senior leadership with the appointment of Michele Coleman Mayes as senior vice president and general counsel, replacing Michael “Mick” McCabe who will retire as general counsel at year-end after 36 years of successful service.

People

“Our people are our most important resource. We continue to invest in initiatives designed to increase employee talent, engagement and commitment. In fact, nearly 20,000 employees have voluntarily enrolled in Well & Fit, our new program to enhance health, well-being and productivity.”

People

“The depth and strength of our management team across the company allowed us to seamlessly continue the leadership transitions we announced beginning in September 2006. In the quarter, we made some key executive appointments in Allstate Protection due to retirements and created a new organization with responsibility for emerging businesses. This new team will improve focus on lines of business that offer Allstate additional opportunities for profitable growth,” said Wilson.