WebBase Salary: Your annualized base salary will be $525,000 and $20,192.31 will be paid bi-weekly. He combines technology and business acumen together with an entrepreneurs eye toward customer-centric innovation. Peter moderatestheForum on World Class ITpodcast series. Focusing on innovation and enhanced delivery, he is responsible for technology strategy, network infrastructure, enterprise applicatio You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov Learn More about Suren Gupta's net worth. NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. By clicking Log in you agree to Terms and conditions. 2022 TechnologyAdvice. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. At any given point of time we are working on thirty to fifty different ideas, depending upon in which phases they are or whether they are considered Small i or Capital I innovation. Please declare your traffic by updating your user agent to include company specific information. enviando un correo electrnico a If you continue to see this ALLSTATE CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. There are 6 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of President, Enterprise SolutionsAllstate Insurance Company. There are 6 executives at Allstate Corp getting paid more, with ThomasWilson having the highest compensation of $19,615,700. Coronavirus Tips Working and Protection. Mr. Gupta owns over 20,241 units of Allstate Corp stock worth over $10,774,931 and over the last 12 years he sold ALL stock worth over $11,130,421. Allstate. The fact that computing power would be ubiquitously available in your palm more so than it is today is such a fascinating concept to me. Om du vill anpassa dina val klickar du p Hantera integritetsinstllningar. As at ALLSTATE CORP, made $0in total compensation. WebSuren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. verdade. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,304,148 as of April 23rd. WebSuren Gupta is executive vice president of technology and strategic ventures and a member of the senior leadership team for Allstate Insurance Company, the second-largest personal lines insurer in the United States. envie um e-mail para He also runs the company'sback-office operations. Suren Gupta: We are in the midst of a huge transformation of the company, from a product standpoint how we serve our customers and how we bring those products and services to our agencies, which is our sales distribution channel too. Allstate's insider roster includes John Dugenske (Insider), Suren Gupta (EVP), Harriet Harty (EVP), Susan Lees (EVP), Jesse Merten (Insider), Samuel Pilch (VP), John Pintozzi (CAO), Mark Prindiville (EVP), Mario Rizzo (CFO), Steven Shebik (Vice Chairman), Judith Sprieser (Director), Thomas Wilson (CEO), and Matthew Winter (President). WebBase Salary: Your annualized base salary will be $525,000 and $20,192.31 will be paid bi-weekly. Best Supply Chain Certifications to Get in 2022, How Businesses Use Unstructured Data for Business Intelligence, Ultimate Machine Learning Certification Guide for 2022. Gupta also has held senior operations, sales, marketing and strategic development roles at INTELSAT, a groundbreaking satellite telecommunications company. TechnologyAdvice does not include all companies or all types of products available in the marketplace. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. WebMr. message, please email Allstate Executive Vice President of Technology & Operations Suren Gupta has a remarkably diverse background. To give you an example, I sit along with the line of business presidents on a Strategy and Reinvention committee that drives the strategic cost leadership for the company. WebSuren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Suren Gupta, Allstate Total compensation: $3.57 million, Among other innovations, Guptas teams have come up with DriveWise, which provides Allstate customers information about their driving habits and reveals how much they can save by improving upon them. Wenn Signage is displayed outside Allstate Corp. campus in Northbrook, Illinois on Sunday, Jan. 29, 2017. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. In more than a decade at the company, he's brought innovative technology and business leadership to the enterprise. WebSuren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. At any given time we have a funnel of ideas that people come up with and a formal group called the Innovation Council that evaluates those ideas. The second bucket is building technology and platforms that would lend themselves to the future of the company. There are 16 older and 17 younger executives at The Allstate. In this role, he leads a global o rganization delivering innovative and transformational solutions Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. What is the salary of Suren Gupta? Als u dit bericht blijft zien, stuur dan een e-mail Du kan ndra dina val nr som helst genom att klicka p lnkarna "Integritetspanel" p vra webbplatser och appar. The Allstate Health and Benefits segment offers voluntary benefits and individual life and health products, including life, accident, critical illness, short term disability, and other health insurance products sold through independent agents, benefit brokers, and Allstate exclusive agencies. Total compensation: $3.19 million, Beer is a 20-year CPA by trade, and a former CFO. Allstate Executive Vice President of Technology & Operations Suren Gupta has a remarkably diverse background. Third, innovating and differentiating. The other piece that is fascinating is the role that technology will play in the day-to-day life of every human being. The chart on this page features a breakdown of the total annual pay for , That is the journey we are on. Information on this page was last updated on 2/22/2023. Gupta: I am really fascinated by the possibility by what creating knowledge and wisdom out of more data would entail for society in general. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois. para informarnos de que tienes problemas. Learn More about Suren Gupta's net worth. made $0 in total compensation. High: You have a variety of constituents with which you are interacting. The most recent insider tranaction occured on February, 22nd when CFO Jesse E Merten sold 29,451 shares worth more than $3,951,735.18. $0 was received as a bonus, In addition, Gupta oversees Allstate's strategic ventures with companies that advance its technology-driven, customer-focused strategy. Most recently he exercised 20,241 units of ALL stock worth $1,056,175 on 3 January 2023. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. For example, here-engineered the company'sreal estate lending with new delivery capabilities that enabled the field sales force, enabling them to servecustomers more effectively with just-in-time information. Allstate. welcome to. The Sourcing and Procurement Solutions and Administration & Real Estate groups ensure that the company is leveraging its buying power and fostering great work environments. There are 6 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of 1001 and 1030). Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. The second piece of that customer service side is when a customer has a need that has not been fulfilled or a problem his team is responsible for that, as well. He also is a graduate of the Advanced Management Program at Harvard Business School. This net worth estimate does not reflect any other assets that Mr. Gupta may own. The Council has the ability to provide funding for ideas that they like and think would fit well with the strategic objectives of the organization. Please enable Cookies and reload the page. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Over the last 20 years, insiders at Allstate Corp have traded over $110,916,122 worth of Allstate Corp stock and bought 62,875 units worth $3,501,510 Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. Gupta is a graduate of the Advanced Management Program at Harvard Business School. There are 15 older and 15 younger executives at Allstate Corp. WebSuren Guptas Post Suren Gupta 3y Report this post where Allstate employs more than 2,500 people. That will come only if they are flexible: the skillsets that you need in those organizations have to be flexible with the type of jobs that they want. Note: We do not offer technical support for developing or debugging scripted downloading processes. WebBase Salary: Your annualized base salary will be $525,000 and $20,192.31 will be paid bi-weekly. WebExecutive Compensation. In more than a decade at the company, he's brought innovative technology and business leadership to the enterprise. Finally, he has the classic background that so many of the people profiled in the "Beyond CIO" series, with an engineering undergraduate degree, and an MBA. The information shown here is a reporting of information included in the company's proxy statement. Suren K. Gupta: Pres of Enterprise Solutions: 1.13M: Pay is salary, bonuses, etc. WebThe average Allstate salary ranges from approximately $37,231 per year for a Call Center Representative to $406,239 per year for a President. He also received an MBA from George Mason University and a master's degree in computer engineering from West Virginia University. Gupta: We are very deliberate about, at least for some of the senior positions, making sure that the people that we bring in are first businessmen and women, rather than just technologists. Total compensation: $3.13 million, Barnes credits visualization tech for helping UPS create apps to allow London Olympics organizers to transport more than 30 million pieces of equipment, including drug samples and medals. Of this total $0was received as a salary, $0was received as a bonus, $0was received in stock options, $0was awarded as stock and $0came from other types of Suren K. Gupta serves as Executive Vice President, Chief Information Technology and Enterprise Services Officer of AIC of the Company. In more than a decade at the company, he's brought innovative technology and business leadership to the enterprise. Gupta earned a master's degree in computer engineering from West Virginia University and a Master of Business Administration from George Mason University. Your responsibilities cut across the functions of the organization, and as you pointed out, you also have members of your team that have cross-function sets of responsibilities. If you think about that as the core business, there is a huge amount of change that we are going through both in terms of the services that we provide and the innovative products we are bringing to our customer base. om ons te informeren over dit probleem. As at ALLSTATE CORP, made $0in total compensation. Peter Highis President ofMetis Strategy, a business and IT advisory firm. Please help us protect Glassdoor by verifying that you're a In 2015, he was named to the board of directors of Zions Bancorporation. This chart shows Suren Gupta's buying and selling at Allstate by year and by quarter. How do you parse your way through those various constituencies in order to develop a systematic way of driving ideas and innovation that serve those diverse groups? He spent time as Executive Vice President and Chief Information Officer for Consumer Lending at Wells Fargo, but he focused as much time on developing technologies that enhanced customer experience as he did on traditional IT. Allstate Executive Vice President of Technology & Operations Suren Gupta has a remarkably diverse background. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. In addition, he makes $3,544,180 as Executive Vice President and Chief Information Technology and Enterprise Services Officer of AIC at Allstate Corp. Suren has made over 11 trades of the Allstate Corp stock since 2013, according to the Form 4 filled with the SEC. las molestias. Suren Gupta is Executive Vice President, Allstate Technology, Services & Ventures for Allstate Insurance Company. There is actually a committee that evaluates those ideas and decides if any should be formally funded, or they might come back and say they need more refinement. Ameritrade, Marsh & McLennan, and Schneider National among others, please visit this link. A number of those things are in the works right now. The other platform through which people can submit ideas is the regular chain of command. Mr. Gupta owns over 20,241 units of Allstate Corp stock worth over $11,787,740 and over the last 12 years he sold ALL stock worth over $11,130,421. He was Executive Vice President, Enterprise Technology and Strategic Ventures of AIC (February 2015 to January 2020); Executive Vice President, Allstate Technology and Operations of AIC (April 2011 to February 2015). There are three key buckets that we divide our work into across the enterprise. It's taking a bit longer than expected. Property of TechnologyAdvice. An organizations structure should lend itself to making those six areas become better, more efficient, and more effective. The Internet Of Things, How Capital One Became A Leading Digital Bank, Qualcomm Launches The First 10nm Server Chip, How A Trump Presidency Will Erode Cyber Privacy And National Security, Survey Finds Large Gaps Between Business Expectations And IT Capabilities, How Traditional Broadcasters Can Compete With Billions Of New Broadcasters, DDoS And 3 Recommendations To Secure The Internet Of Things (IoT), World Bank CIO: Digital Transformation Includes Use Of Drone Technology, World Class IT: Why Businesses Succeed When IT Triumphs. Username Password Need help logging in? WebThe average Allstate salary ranges from approximately $37,231 per year for a Call Center Representative to $406,239 per year for a President. He is directly responsible for technology that can be applied to the company's products and services. pour nous faire part du problme. Previously, he was executive vice president and group chief information officer for consumer lending at Wells Fargo. WebSuren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. WebSuren K Gupta is Pres:Enterprise Solutions at Allstate Corp. See Suren K Gupta's compensation, career history, education, & memberships. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. Total compensation: $2.96 million, He left Best Buy after just nine months to join Symantec, but stayed long enough to qualify for this list. Even today as I sit in the chair that I sit in, I am always focused on what else I can learn to make the organization better and in many ways, catch myself up to speed with how to run a business. Former chief technology officer of CVS Health, Zulfi Jeevanjee, is the new executive vice president and chief information officer at Allstate . Then the third bucket is all about creating innovative solutions that are longer term and allow the company to sustain itself.Obviously, technology plays a key role in all of those three key bucketsat the end of the day, there is nothing the company does without technology. Innovation Blitz is a very structured event that we have where people from the across the enterprise participate. WebSuren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. On The Ethical Use Of Data Vs. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Si vous continuez voir ce Suren K. Gupta: Pres of Enterprise Solutions: 1.13M: Pay is salary, bonuses, etc. Ci Where Agency Users and Employees access Allstate software and internal tools. It is not something you can do overnight; it must be done over a period of time. Analysts believe this stock's product demand could rise quickly in the next few years. What other forms or forums exist to make sure that for those who have ideas, those ideas are seeing the light of day? The most recent stock trade was executed by Robert Toohey on 5 April 2023, trading 2,429 units of ALL stock currently worth $281,181. Klicka p Avvisa alla om du inte vill att vi och vra partner ska anvnda cookies och personuppgifter fr dessa ytterligare ndaml. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,304,148 as of April 23rd. That was one of the incremental, innovative ideas we launched in the marketplace so that our pricing was a lot more precise in terms of how we price products and services. By clicking Log in you agree to Terms and conditions. Gupta: How we look at risk parameters and price our products and services based on peoples driving habits. senior operations, sales, marketing and strategic development roles at INTELSAT, a telecommunications company, and at Thomson Corporation before leading technology and operations at GMAC. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. For more information, contact opendata@sec.gov. He is responsible for the company's information technology strategy, Exercised is the value of options exercised during the fiscal year. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. That has helped me throughout my career so far, Peter. As of 3 January 2023 he still owns at least 102,511 units of Allstate Corp stock. All proxy statements are public filings made available to the general public by the SEC. He played an integral role in expanding operations internationally, establishing Allstate's corporate venture capital group, changing the way Allstate builds and delivers technology to be more agile and helping to introduce digital transformation to its businesses. ALLSTATE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. $0 was awarded as stock High: How do you think about the people component to bring these ideas to life? Data Year: Trend Analysis. WebMr. By clicking Log in you agree to Terms and conditions. Please try again. WebSuren K. Gupta Age : 61 Public asset : 10,609,158 USD Linked companies : Zions Bancorporation, National Association Summary Suren K. Gupta is Executive VP-Technology & Global Operations at Allstate Insurance Co. With the connectivity of all of technology, people, and everything we use in a day-to-day basisthe possibilities are unlimited. Suren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. As the Executive Vice President a Chief Information Technology and Enterprise Services Officer of AIC of The Allstate, the total compensation of Suren Gupta at The Allstate is $3,544,180. On average, Suren trades about 7,682 units every 68 days since 2011. Strategic Ventures is Allstate's corporate venture capital group, initiating investments and partnerships with innovative startups and emerging growth companies. The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. The Allstate Corp. engages in the property and casualty insurance business and the provision of protection solutions. Follow him on@WorldClassIT. Thorough reviews have been conducted to assure this data accurately reflects disclosures. document.write(new Date().getFullYear()); Allstate Insurance Company. (To listen to an unabridged podcast version of this interview, please visitthis link. Shes worked for Coca-Cola and, ironically, given her last name, Molson Coors Brewing. Wir entschuldigen uns fr die Umstnde. Before joining Allstate, Gupta was group executive vice president and chief information officer for Wells Fargo Bank. WebSuren Gupta President, Enterprise Solutions Troy Hawkes Executive Vice President and General Manager, Allstate Property-Liability Sales and Distribution Guy Hill Executive Vice President, Product, Property-Liability Jess Merten Executive Vice President and Chief Financial Officer Julie Parsons The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. WebSuren Guptas Post Suren Gupta 3y Report this post where Allstate employs more than 2,500 people. Allstate Executive Vice President of Technology & OperationsSuren Gupta has a remarkably diverse background. He also serves on the Chicago Public Library Foundation board and on the board of Pratham U.S.A., the American chapter for Pratham, which provides preschool education to underprivileged children in India. I think we see that as people move in their career, they will need to have more broad experiences rather than narrow, especially to be able to lead organizations. WebSuren K. Gupta Age : 61 Public asset : 10,609,158 USD Linked companies : Zions Bancorporation, National Association Summary Suren K. Gupta is Executive VP-Technology & Global Operations at Allstate Insurance Co. This information is according to proxy statements filed for the fiscal year. Matt Carey, Home Depot Aydanos a proteger Glassdoor y demustranos que eres una persona real. Allstate Corp executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. WebSuren K Gupta is Pres:Enterprise Solutions at Allstate Corp. See Suren K Gupta's compensation, career history, education, & memberships. Suren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Total compensation: $4.65 million, Butler has a non-tech background: She graduated from Agnes Scott College in 1975 with a degree in English literature, and started at Norfolk Southern as a customer-account auditor. They sold a total of 176,962 shares worth more than $23,587,115.41. Suren Gupta is Executive Vice President, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Subsequent increases in base salary, generally awarded on an annual basis, will be dependent on your and the companys performance. Lamentamos pelo inconveniente. Gupta: There are multiple forums. WebMr. Under his leadership, real estate lending was re-engineered with new delivery capabilities that enabled the field sales force to serve customers more effectively with just-in-time information. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. Please describe the framework you are using for the transformation. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.'. operations and processes. WebSuren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,301,504 as of May 1st. NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. para nos informar sobre o problema. High: If you were to speak to those listeners who may be in the earlier stages of their careers, what additional advice would you provide to those who might follow in your footsteps? los inconvenientes que esto te pueda causar. Gupta: I think organizational structures need to be more flexible than the current silo mentality. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. It is already playing a big role, but it gets exponentially better with time. Data Year: Trend Analysis. That is one of the forums we have. In many ways, the structure is very similar to how a venture capitalist would evaluate new companies. He also serves on the Chicago Public Library Foundation Board and on the board of Pratham U.S.A, the American chapter for Pratham, which was established in 1994 to provide pre-school education to children in India's slums. It sells its products through call centers, agencies, financial specialists, independent agents, brokers, wholesale partners, and affinity groups, as well as through online and mobile applications. I think what is important in this whole scenario is connectivity and the creation of knowledge, then using of that knowledge to better the lives of people. Lamentamos Gupta: There are two things I would say. On average, Allstate Corp executives and independent directors trade stock every 15 days with the average trade being worth of $3,655,817. To read the prior 18 articles, including interviews with Beyond CIOs from HP, Symantec, Aetna, American Express, T.D. The broad team that you manage, do they align within these buckets themselves? and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Opinions expressed by Forbes Contributors are their own. Caso continue recebendo esta mensagem, Signage is displayed outside Allstate Corp. campus in Northbrook, Illinois on Sunday, Jan. 29, 2017. Suren Gupta, Allstate Total compensation: $3.57 million, Among other innovations, Guptas teams have come up with DriveWise, which provides Allstate customers information about their driving habits and reveals how much they can save by improving upon them. WebAllstate Login. WebSuren Gupta is executive vice president of technology and strategic ventures and a member of the senior leadership team for Allstate Insurance Company, the second-largest personal lines insurer in the United States. WebSuren K. Gupta Age : 61 Public asset : 10,609,158 USD Linked companies : Zions Bancorporation, National Association Summary Suren K. Gupta is Executive VP-Technology & Global Operations at Allstate Insurance Co. to let us know you're having trouble. Allstate can also be reached via phone at (847) 402-5000 and via email at [emailprotected] Learn More on Suren Gupta's contact information. This is a BETA experience. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. Hewas an entrepreneur, having co-founded astart upwireless Internet venture called Airclic. Gupta joined Allstate in 2011, bringing leadership, information technology, operations, product development and sales experience to Allstate. Chart Data in Insider Trading History Table. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. You have entered an invalid ZIP. Learn More on Suren Gupta's trading history. Vi, Yahoo, r en del av Yahoos varumrkesfamilj. scusiamo se questo pu causarti degli inconvenienti. Mr. Gupta owns over 20,241 units of Allstate Corp stock worth over $10,774,931 and over the last 12 years he sold ALL stock worth over $11,130,421.
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