Allstate

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“NORTHBROOK, Ill…/PRNewswire/ -- The Allstate Corporation announced that Peruvemba Satish, 45, has joined the company as managing director and chief risk officer, investments. Satish reports to Judy Greffin, senior vice president and chief investment officer, who oversees the company's $99.8 billion portfolio…Satish most recently was chief risk officer for Jamison Capital Partners LP, New York. From 2004 to 2009, he was the chief risk officer and a member of the investment committee at DKR Capital Partners LP, an asset management firm specializing in alternative investment strategies. He previously was director of risk management at Soros Fund Management LLC, where he was employed from 2001 to 2004. Earlier in his career, Satish held quantitative research, risk management and investment management positions at State Street Bank and Trust, Barclays Capital and other firms. Satish is an internationally known speaker and published researcher on risk and finance. He is a CFA charterholder and received a Ph.D. in finance from the University of Texas at Austin, a master's in economics from the State University of New York, and undergraduate and graduate degrees in engineering and economics from Birla Institute of Science in Pilani, India…”

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“NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE:ALL) today announced that Joseph P. Lacher, Jr., 40, has been named president of Allstate Protection. In this role, Lacher will lead all of Allstate’s property and casualty offerings serving over 17 million American households. He will serve as a member of the senior management team and report to Thomas J. Wilson, Allstate’s chairman, president and chief executive officer. Lacher will join Allstate effective November 30, 2009. ‘In today’s very competitive environment, success comes down to leadership and high performance. Our goal is to have the strongest possible leadership team with the optimal mix of talent, expertise and experience,’ said Wilson. ‘In Joe we are adding a recognized leader with an outstanding track record of success. We look forward to having him on our team as we reinvent to build a foundation for sustainable growth.’ From 2002 to 2009 Lacher served as the chief executive officer of Personal Insurance and executive vice president at Travelers. In 2006 he also assumed responsibility for small commercial insurance as the executive vice president of Personal Insurance and Select Accounts. These businesses represent approximately 45 percent of Travelers’ premiums. During his tenure at Travelers, which began in 1991, Lacher held a variety of leadership positions, including senior vice president of Pricing, Product and Underwriting for Personal Lines, senior vice president of Strategic Distribution for Personal Lines and chief financial officer of Select Accounts.”

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“NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) announced that Andrea Redmond, 53, has been elected to its board of directors effective January 1, 2010. ‘Allstate’s board has a longstanding record of effective corporate governance, independence and responsiveness to stakeholders,’ said Thomas J. Wilson, Allstate’s chairman, president and chief executive officer. ‘Andrea’s expertise in leadership development, succession planning and financial services will further strengthen an outstanding board.’ Since 2007, Redmond has been an independent consultant providing executive recruiting, succession planning and talent management services to senior executives. Prior to this, she spent 20 years at Russell Reynolds Associates, where her achievements included serving as managing director and co-head of the chief executive officer (CEO) and board services practices. She also was a member of the company’s executive committee, chair of its global training committee, and a founding member of its global professional development committee. In 1990, Redmond established and led Russell Reynolds’ global insurance practice. From 1981 to 1986, she held various positions at the First National Bank of Chicago. In 2004, Redmond co-authored a book on leadership, Business Evolves, Leadership Endures; she currently is writing another book. Redmond earned her bachelor’s degree in 1978 from Northern Illinois University and her MBA in 1982 from George Williams College. She serves on the boards of Children’s Memorial Hospital, Northwestern Memorial Hospital and LivingWell Cancer Resource Center.”

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“NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE:ALL) today announced that George E. Ruebenson, president, Allstate Protection, will retire effective December 31, 2009, after nearly 40 years of service. As the president of Allstate Protection, Ruebenson has maintained its financial performance in this uncertain economic climate, improved customer loyalty and built a foundation for sustainable growth. ‘George’s service to our customers and company has helped people rebuild their lives after catastrophes, strengthen Allstate and secure a bright future for all of us,’ said Chairman, President and Chief Executive Officer Thomas J. Wilson. ‘He is a superb business leader and has led our community efforts to keep teenagers safe while driving. His dedication to customers, employees and agency owners is a core part of our culture and is a strength we will build upon for future success.’ Ruebenson joined Allstate in 1970 and held a number of key leadership positions in the company's home office and field operation. In 2000, he was named vice president for the Property-Casualty Claims Service Organization, the largest employee group in the company. Shortly after, Ruebenson became a member of Allstate's senior management team as senior vice president. Ruebenson was appointed president of Allstate Protection in 2007. Consistent with the company’s succession planning approach, a disciplined process is underway to select Allstate Protection’s next president. Wilson continued, ‘We have a world class senior management team that will build on George’s successes and reinvent protection and retirement for the consumer.’”

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“NORTHBROOK, Ill., Sept. 24 /PRNewswire-FirstCall/ -- For the 19th consecutive year, Allstate Insurance Company, the nation's largest publicly held personal lines insurer, has been recognized as one of America's top 100 companies for working mothers by Working Mother magazine. "It's an honor to be recognized for nearly two decades for the programs and services that we provide to working mothers," said Anise Wiley-Little, Assistant Vice President, Chief Diversity Officer, Allstate Insurance Company. ‘Women, many of whom are working mothers, make up approximately 60 percent of our employee population, so we emphasize programs and benefits that allow our people to maintain a healthy work/life integration and family-friendly work environment.’ Now in its 24th year, the Working Mother 100 Best Companies program draws attention to the significant contributions working mothers make and to the companies that recognize the importance of tapping this essential labor pool. This year, Allstate was recognized for its notable childcare program, flexible work arrangements, compensation and time off policies for working mothers. In addition, Working Mother also highlighted Allstate's outstanding efforts to develop creative programs to support employees throughout the economic downturn in 2008, including offering financial literacy and personal budget management workshops, increasing tuition scholarship for families who attended the company's on-site early childhood center, reducing tuition increases and costs for its childhood center, enhancing employee discount programs and launching new programs enabling more employees to work from home. On an ongoing basis, Allstate offers families assistance with tuition payments through a scholarship program for its Little Hands Early Childhood Center. Through this program, parents can receive up to 40 percent off their monthly total tuition based on their household annual income. In light of the recent economic times, Allstate extended scholarships to more families in need of financial assistance, which allowed additional families to remain enrolled at the center. In May 2009, Working Mother magazine also recognized Allstate as one of America's best employers for women of color in its ranking of 2009 Best Companies for Multicultural Women.”