CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. Matt Carey, Home Depot 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. There is no recent news or activity for this profile. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois. WebBase Salary: Your annualized base salary will be $525,000 and $20,192.31 will be paid bi-weekly. 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. WebThe average Allstate salary ranges from approximately $37,231 per year for a Call Center Representative to $406,239 per year for a President. ALLSTATE CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. an. You have entered an invalid ZIP. Ideas that have a broader appeal and need a larger amount of funding go to something called the Innovation Board, which is made up of people who sit at my peer-level group. The information shown here is a reporting of information included in the company's proxy statement. and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. 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. The Sourcing and Procurement Solutions and Administration & Real Estate groups ensure that the company is leveraging its buying power and fostering great work environments. Learn More about Suren Gupta's net worth. His latest book,Implementing World Class IT Strategy, has just been released by Wiley Press/Jossey-Bass. The CIOs, essentially, are the ones that are business facing and have the interim responsibility of delivering goods to the business. In addition, Gupta oversees Allstate's strategic ventures with companies that advance its technology-driven, customer-focused strategy. Strategic Ventures is Allstate's corporate venture capital group, initiating investments and partnerships with innovative startups and emerging growth companies. The oldest executive at Allstate Corp (The) is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. Gupta: I am really fascinated by the possibility by what creating knowledge and wisdom out of more data would entail for society in general. 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. Coronavirus Tips Working and Protection. WebMr. Reference ID: 0.5d841402.1682964270.1c9b9e1. One is to learn as much as you can in a current role that you have, dont worry about the next role. How do you differentiate between those ideas that which you described? In this role, he leads a global o rganization delivering innovative and transformational solutions Prior to his tenure at Allstate, Suren served as Group Chief Information Officer and Executive for Wells Fargo, the American multinational banking and financial services holding company, where he was responsible for the re-engineering of the real estate lending divisions service delivery. . Insiders at Allstate own 1.8% of the company. WebSuren K Gupta is Pres:Enterprise Solutions at Allstate Corp. See Suren K Gupta's compensation, career history, education, & memberships. The other platform through which people can submit ideas is the regular chain of command. This net worth estimate does not reflect any other assets that Mr. Gupta may own. His organization has won numerous awards, including the United Kingdom's highest honor for business success, the Queen's Award for Enterprise. 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. It's taking a bit longer than expected. 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. What is the salary of Suren Gupta? There are 6 executives at Allstate Corp getting paid more, with ThomasWilson having the highest compensation of $19,615,700. The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. In his new role, Suren will lead and oversee Allstates technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. And how it can be done! Each line of business has a CIO aligned with it that is completely responsible from start to finish for delivering all of the things that the business needs. Property of TechnologyAdvice. High: How do you think about the people component to bring these ideas to life? welcome to. In 2015, Gupta was named to the board of directors of Zions Bancorporation. message, please email Exercised is the value of options exercised during the fiscal year. I think organizations need to focus on three, no six, primary areas. As of 3 January 2023 he still owns at least 102,511 units of Allstate Corp stock. The most active insiders traders include Thomas J Wilson, Edward M Liddy, and John W Rowe. verdade. President, Enterprise SolutionsAllstate Insurance Company. I would describe Drivewise on the mobile phone as a Capital I; it is something that is new in the market and is also innovative because of the way we attract customers to come and use that technology. 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. Please enter zip code. Where Agency Users and Employees access Allstate software and internal tools. 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. High: Historically there has been this traditional hierarchy that corporations tend to have, outfit with functional silos aligned with business units or products and service areas. Allstate. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. He has brought all of this to bear in his current role at Allstate. Learn More on Allstate's active insiders. Your update should be done soon. That has helped me throughout my career so far, Peter. 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. Data Year: Trend Analysis. Learn More on Suren Gupta's trading history. to let us know you're having trouble. WebAllstate Login. 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. 2022 TechnologyAdvice. He combines technology and business acumen together with an entrepreneurs eye toward customer-centric innovation. TechnologyAdvice does not include all companies or all types of products available in the marketplace. WebMr. 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. He is also on the board of 5 other companies. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,301,504 as of May 1st. You may opt-out by. 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. excuses voor het ongemak. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. In 2015, he was named to the board of directors of Zions Bancorporation. The technology can be learned, he says, but you cannot teach curiosity., Total compensation: $4.87 million, Has been named a member of Fortune magazines Dream Team, as well as #18 on Fast Companys list of 100 Most Creative People in Business.. How did you think to manage your career from an early stage? 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. The estimated Net Worth of Suren Gupta is at least $26.5 Million dollars as of 3 January 2023. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. WebExecutive Compensation. Si continas viendo este mensaje, Best Supply Chain Certifications to Get in 2022, How Businesses Use Unstructured Data for Business Intelligence, Ultimate Machine Learning Certification Guide for 2022. The 10 Highest-Paid CIOs of Public Companies, Total compensation: $4.97 million, Passerini says hes anything but a stereotypical hardcore-techie CIO. 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). operations and processes. and $0 came from other types of compensation. That got me thinking that there were certain things I needed to be learning in order to be more effective, which resulted in me getting an MBA to learn financial management, marketing, and what is important when you are looking at a business. Total number of current Advisors and Board roles the person has, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. 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. 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. Wir entschuldigen uns fr die Umstnde. As at ALLSTATE CORP, made $0in total compensation. 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 On average, Allstate Corp executives and independent directors trade stock every 15 days with the average trade being worth of $3,655,817. Of this total $0 was received as a salary, 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. Great Lakes Companies With More Than 500 Employees, Insurance Companies With More Than 100 Employees, Finance Public Companies With More Than $500 in Revenue, Banking Companies With More Than $500 in Revenue, Banking Companies With More Than $100M in Revenue, Banking Companies With More Than $1M in Revenue (Top 10K), Great Lakes Public Companies With More Than $10M in Revenue, Banking Public Companies With More Than $1M in Revenue. Former chief technology officer of CVS Health, Zulfi Jeevanjee, is the new executive vice president and chief information officer at Allstate . This net worth estimate does not reflect any other assets that Mr. Gupta may own. Learn More on Allstate's active insiders. WebSuren Guptas Post Suren Gupta 3y Report this post where Allstate employs more than 2,500 people. He is responsible for the company's information technology strategy, Allstate Executive Vice President of Technology & Operations Suren Gupta has a remarkably diverse background. There are three key buckets that we divide our work into across the enterprise. enva un correo electrnico a envie um e-mail para Where Agency Users and Employees access Allstate software and internal tools. Gupta: How we look at risk parameters and price our products and services based on peoples driving habits. What is the salary of Suren Gupta? scusiamo se questo pu causarti degli inconvenienti. In more than a decade at the company, he's brought innovative technology and business leadership to the enterprise. Suren's mailing address filed with the SEC is C/O THE ALLSTATE CORPORATION, 3100 SANDERS ROAD, NORTHBROOK, IL, 60062-7154. Focusing on innovation and enhanced delivery, he is responsible for technology strategy, network infrastructure, enterprise applicatio On The Ethical Use Of Data Vs. In 2019 he receivedan honorary degree of Doctor of Science from Ulster University in Northern Ireland for services to the economy of Northern Ireland, where Allstate is a major employer. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Thorough reviews have been conducted to assure this data accurately reflects disclosures. To read future articles in the series, please click the "Follow" link above.). 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. 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. This NASDAQ Stock Has Been On The Move In 2023 And It Looks Like Its Far From Over! The average Allstate hourly pay ranges from approximately $18 per hour for a Call Center Representative to $89 per hour for a Corporate Relations . The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. Other ideas concern using state-of-the-art technologies to serve our customers in an automated fashion. Executive Vice President of Technology & Operations, 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. Prior to his tenure at Allstate, Suren served as Group Chief Information Officer and Executive for Wells Fargo, the American multinational banking and financial services holding company, where he was responsible for the re-engineering of the real estate lending divisions service delivery. Suren Gupta has not been actively trading shares of Allstate during the last ninety days. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto, homeowners, other personal lines, and commercial insurance marketed under the Allstate, National General, and Answer Financial brand names. The horizontal function is responsible for bringing consistency across those lines. He also is a graduate of the Advanced Management Program at Harvard Business School. The Run-off Property-Liability segment relates to property and casualty insurance policies with exposure to asbestos, environmental, and other claims. He also received an MBA from George Mason University and a master's degree in computer engineering from West Virginia University. per informarci del problema. Gupta: There are multiple forums. pour nous faire part du problme. 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. Does this suggest that the traditional corporate hierarchy is something that will become more and more malleable? In his new role, Suren will lead and oversee Allstates technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. It operates through following business segments: Allstate Protection, Protection Services, Allstate Health and Benefits, Run-off Property-Liability, and Corporate and Other. Gupta is a graduate of the Advanced Management Program at Harvard Business School. The average Allstate hourly pay ranges from approximately $18 per hour for a Call Center Representative to $89 per hour for a Corporate Relations . 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. As at ALLSTATE CORP, made $0in total compensation. Focusing on innovation and enhanced delivery, he is responsible for technology strategy, network infrastructure, enterprise applicatio And that comes only bits and pieces at a time. A big piece of the operations roleis also customer service and agency customer service. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. There we will say here is a problem that we have, or this is a solution we are looking for, and then people will come up with all kinds of ideas on how to resolve them. This report is not for commercial use. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Prior to his tenure at Allstate, Suren served as Group Chief Information Officer and Executive for Wells Fargo, the American multinational banking and financial services holding company, where he was responsible for the re-engineering of the real estate lending divisions service delivery. Lamentamos pelo inconveniente. Analysts believe this stock's product demand could rise quickly in the next few years. Please declare your traffic by updating your user agent to include company specific information. Suren Gupta is Executive Vice President, Allstate Technology & Strategic Ventures for Allstate Insurance Company. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. $0 was received in stock options, In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. The shares were sold at an average price of $135.23, for a transaction totalling $8,473,106.11. las molestias. He has a masters level philosophy degree in management. Location data not available. Ls vr integritetspolicy och cookiepolicy fr att f mer information om hur vi anvnder dina personuppgifter. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,304,148 as of April 23rd. Signage is displayed outside Allstate Corp. campus in Northbrook, Illinois on Sunday, Jan. 29, 2017. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, 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. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. He has been instrumental in enhancing information technology's delivery capabilities, focusing on digital innovation, efficiency, information security and expanding global operations to enable 24/7 support and development capabilities. Suren Gupta is 58, he's been the Executive Vice President and Chief Information Technology and Enterprise Services Officer of AIC of Allstate Corp since 2020. The first is made up of all of the work that needs to be done to simplify our environment and continuously improve the current environment that we are in. Allstate can also be reached via phone at (847) 402-5000 and via email at [emailprotected] Learn More on Suren Gupta's contact information. Under Gupta's leadership, the technology organization has won numerous awards, including the United Kingdom's highest honor for business success, the Queen's Award for Enterprise; the Forbes CIO Innovation Award; and the InformationWeek Decade award, which named Allstate one of the top 10 business technology innovators of the past decade in the U.S. Gupta is a graduate of the Advanced Management Program at Harvard Business School. 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. Gupta earned a master's degree in computer engineering from West Virginia University and a Master of Business Administration from George Mason University. Aydanos a proteger Glassdoor verificando que eres una persona real. 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? Allstate is widely known for the slogan 'You're in Good Hands with Allstate.'. The company has10,000 agents across the nation that Gupta's teamserves through the products and services that theybring to them to sell on behalf of the company'scustomers. In more than a decade at the company, he's brought innovative technology and business leadership to the enterprise. Peter High: I know that you are in the throes of a business transformation and have been for some time now, actually. Suren K. Gupta serves as Executive Vice President, Chief Information Technology and Enterprise Services Officer of AIC of the Company. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. That is one of the forums we have. Subsequent increases in base salary, generally awarded on an annual basis, will be dependent on your and the companys performance. Learn More about insider trades at Allstate. San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, EVP Technology, Strategic Ventures and International Operations. You can see the complete history of Mr. Gupta stock trades at the bottom of the page.

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