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Allstate Executive Compensation (FY25)

ALL · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 27, 2026
463 figures on this page: 454 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Total compensation for Thomas Wilson, Chair, President and Chief Executive Officer, came to $22,920,898 in fiscal 2025, and compared with the $26,744,295 reported for fiscal 2024, Wilson's total was 14.3% lower. The disclosed chief executive pay ratio for fiscal 2025 is 306:1, against median employee compensation of $74,782. Shareholders supported the say-on-pay proposal with 92.2% of votes cast including abstentions in favor at the meeting held May 22, 2026 for fiscal 2025. Companies named in the disclosed peer group include AFLAC Inc., American International Group, Inc., AON plc, Chubb Limited and Humana Inc., among others.
Chief executive, fiscal 2025
◇
Thomas Wilson
Median of the other named officers
$6,859,465
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 22, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Thomas Wilson: $26,744,295 → $22,920,898 (14.3% lower)
CEO pay ratio: 364:1 → 306:1 (15.9% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Allstate's chief executive and what were they paid?
Total compensation for Thomas Wilson, Chair, President and Chief Executive Officer, came to $22,920,898 in fiscal 2025. Compared with the $26,744,295 reported for fiscal 2024, Wilson's total was 14.3% lower.
What was Allstate's say-on-pay result?
Shareholders supported the say-on-pay proposal with 92.2% of votes cast including abstentions in favor at the meeting held May 22, 2026 for fiscal 2025.
Which companies are in Allstate's peer group?
Companies named in the disclosed peer group include AFLAC Inc., American International Group, Inc., AON plc, Chubb Limited and Humana Inc., among others.
What is Allstate's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 306:1, against median employee compensation of $74,782.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas Wilson
Chair, President and Chief Executive Officer
◇—◇◇◇—◇◇
Mario Rizzo
President, Allstate Protection
◇—◇◇◇—◇◇
Glenn Shapiro
Former President, Allstate Personal Lines
Departed during or after this year
◇—◇◇—◇◇◇
Jesse Merten
Chief Financial Officer
◇—◇◇◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas Wilson
Chair, President and Chief Executive Officer
◇—◇◇◇—◇◇
Suren Gupta
President, Protection Products and Enterprise Services
◇—◇◇◇◇◇◇
Mario Rizzo
Executive Vice President; Chief Operating Officer
◇—◇◇◇◇◇◇
John Dugenske
Chief Financial Officer (interim); President, Investments and Corporate Strategy
Served on an interim basis
◇—◇◇◇◇◇◇
Jesse Merten
Executive Vice President; President, Property-Liability and former Chief Financial Officer
◇—◇◇◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas Wilson
Chair, President and Chief Executive Officer
◇—◇◇◇◇◇◇
Mario Rizzo
Executive Vice President; Chief Operating Officer
◇—◇◇◇◇◇◇
John Dugenske
Chief Financial Officer (interim); President, Investments and Corporate Strategy
Served on an interim basis
◇—◇◇◇◇◇◇
Jesse Merten
Executive Vice President; President, Property-Liability and former Chief Financial Officer
◇—◇◇◇◇◇◇
Christine DeBiase
Executive Vice President, Chief Legal Officer and General Counsel
◇—◇◇◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas Wilson
Chair, President and Chief Executive Officer
◇—◇◇◇—◇◇
John Dugenske
Chief Financial Officer (interim); President, Investments and Corporate Strategy
Served on an interim basis
◇—◇◇◇◇◇◇
Mario Rizzo
Executive Vice President; Chief Operating Officer
◇—◇◇◇◇◇◇
Jesse Merten
Executive Vice President; President, Property-Liability and former Chief Financial Officer
Departed during or after this year
◇—◇◇◇◇◇◇
Andrea Carter
Executive Vice President, Chief Human Resources Officer
◇◇◇◇◇—◇◇
Zulfikar Jeevanjee
Executive Vice President; Chief Information Officer
◇—◇◇◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andrea CarterPSU◇—◇—◇—◇
Andrea CarterRSU◇——◇——◇
Andrea CarterRSU◇——◇——◇
Andrea CarterOPTION◇——◇—◇◇
Jesse MertenRSU◇——◇——◇
Jesse MertenPSU◇—◇—◇—◇
Jesse MertenPSU◇—◇—◇—◇
Jesse MertenOPTION◇——◇—◇◇
Jesse MertenRSU◇——◇——◇
Jesse MertenOPTION◇——◇—◇◇
John DugenskeOPTION◇——◇—◇◇
John DugenskeRSU◇——◇——◇
John DugenskeRSU◇——◇——◇
John DugenskePSU◇—◇—◇—◇
Mario RizzoPSU◇—◇—◇—◇
Mario RizzoOPTION◇——◇—◇◇
Mario RizzoOPTION◇——◇—◇◇
Mario RizzoRSU◇——◇——◇
Mario RizzoPSU◇—◇—◇—◇
Mario RizzoRSU◇——◇——◇
Thomas WilsonOPTION◇——◇—◇◇
Thomas WilsonPSU◇—◇—◇—◇
Zulfikar JeevanjeeRSU◇——◇——◇
Zulfikar JeevanjeeOPTION◇——◇—◇◇
Zulfikar JeevanjeePSU◇—◇—◇—◇
Zulfikar JeevanjeeRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Thomas WilsonOption◇—◇02/08/2029
Option◇—◇02/21/2024
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇02/19/2030
Option◇—◇02/09/2027
RSU◇◇——
RSU◇◇——
Option◇—◇02/22/2028
Option◇—◇02/18/2031
Option◇—◇02/17/2032
Option◇—◇02/24/2025
Option◇—◇02/16/2023
Jesse MertenOption◇—◇10/05/2032
PSU◇◇——
Option◇—◇02/17/2032
Option◇—◇10/03/2025
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇02/24/2025
Option◇—◇02/16/2023
Option◇—◇02/21/2024
RSU◇◇——
Andrea CarterPSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇06/04/2025
John DugenskeOption◇—◇02/16/2023
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇02/24/2025
RSU◇◇——
RSU◇◇——
Option◇—◇02/19/2030
Option◇—◇02/18/2031
Option◇—◇02/17/2032
Option◇—◇02/08/2029
Option◇—◇02/21/2024
RSU◇◇——
Mario RizzoOption◇—◇02/08/2029
PSU◇◇——
Option◇—◇02/17/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇02/18/2031
RSU◇◇——
Option◇—◇10/05/2032
Option◇—◇2/24/2025
Option◇—◇2/21/2024
Option◇—◇2/16/2023
RSU◇◇——
Option◇—◇10/3/2025
Option◇—◇02/19/2030
Option◇—◇02/22/2028
Zulfikar JeevanjeePSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇09/06/2023
RSU◇◇——
Option◇—◇02/16/2023
Option◇—◇02/24/2025
Option◇—◇02/21/2024
RSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gregg M. Sherrill
◇◇————◇
Donald E. Brown
◇◇————◇
Jacques P. Perold
◇◇————◇
Perry M. Traquina
◇◇————◇
Andrea Redmond
◇◇————◇
Richard T. Hume
Lead independent director
◇◇————◇
Monica J. Turner
◇◇————◇
Maria R. Morris
◇◇————◇
Judith A. Sprieser
◇◇————◇
Kermit R. Crawford
◇◇————◇
Margaret M. Keane
◇◇————◇
Siddharth N. Mehta
◇◇————◇
Thomas J. Wilson served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 6x annual cash retainer ($810,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AFLAC Inc. AFL
  • American International Group, Inc. AIG
  • AON plc AON
  • Chubb Limited CB
  • Humana Inc. HUM
  • Liberty Mutual symbol not shown
  • Manulife Financial Corporation MFC
  • Marsh McLennan MRSH
  • MetLife, Inc. MET
  • Prudential Financial Inc. PRU
  • The Hartford Financial Services Group, Inc. HIG
  • The Progressive Corporation PGR
  • The Travelers Companies Inc. TRV

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 22, 2026=◇◇◇
2024May 29, 2025=◇◇◇
2023May 14, 2024=◇◇◇
2022May 23, 2023=◇◇◇
2021May 24, 2022=◇◇◇
2020May 25, 2021=◇◇◇
2019May 19, 2020=◇◇◇
2018May 21, 2019=◇◇◇
2017May 11, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Allstate disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Allstate sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
463 figures on this page: 454 cited to the filing that reported them, 9 calculated from figures it prints.
454 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000899051-26-000081
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000899051-26-000063
    2025 Director Compensation · Director Compensation · Grants of Plan-Based Awards at Fiscal Year · Outstanding Equity Awards at Fiscal Year · and 2 more sections
  3. 000089905126000063
    CEO Pay Ratio
  4. 0000899051-25-000047
  5. 0000899051-25-000030
    Summary Compensation Table
  6. 0000899051-24-000033
  7. 0001308179-24-000404
    Summary Compensation Table
  8. 0000899051-23-000046
  9. 0001308179-23-000618
    Summary Compensation Table
  10. 0000899051-22-000038
  11. 0000899051-21-000046
  12. 0000899051-20-000032
  13. 0000899051-19-000034
  14. 0000899051-18-000025
Cite this data
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Velarion, “Allstate executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ALL (accessed 2026).
Short form: data: Velarion
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Insurance rankings

Chief executive pay — InsuranceCEO pay ratio — InsuranceSay-on-pay support — Insurance

Peers Allstate discloses

The companies named in ALL's own disclosed peer group.

AFLAC Inc.American International Group, Inc.AON plcChubb LimitedMarsh McLennanMetLife, Inc.Prudential Financial Inc.The Hartford Financial Services Group, Inc.The Progressive CorporationThe Travelers Companies Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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