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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Things like our platform Drivewise where we provide incentives to our customers based on their driving records; well, we are the first company to launch something like that on the cell phone. Subsequent increases in base salary, generally awarded on an annual basis, will be dependent on your and the companys performance. Username Password Need help logging in? In 2015, Gupta was named to the board of directors of Zions Bancorporation. Exercised is the value of options exercised during the fiscal year. Learn More about Suren Gupta's net worth. 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. Ls vr integritetspolicy och cookiepolicy fr att f mer information om hur vi anvnder dina personuppgifter. 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. 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. Information on this page was last updated on 2/22/2023. Of this total $0 was received as a salary, He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses. NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. The Run-off Property-Liability offers property and casualty insurance. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. To read future articles in the series, please click the "Follow" link above.). The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. Hewas an entrepreneur, having co-founded astart upwireless Internet venture called Airclic. High: How does one submit those ideas? 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. 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. Ameritrade, Marsh & McLennan, and Schneider National among others, please visit this link. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. 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. 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. Shes worked for Coca-Cola and, ironically, given her last name, Molson Coors Brewing. There is no recent news or activity for this profile. 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 broad team that you manage, do they align within these buckets themselves? The Protection Services segment provides consumer product protection plans and related technical support for mobile phones, consumer electronics, furniture, and appliances; finance and insurance products, including vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel, and paint and fabric protection; roadside assistance; device and mobile data collection services; data and analytic solutions using automotive telematics information; and identity protection services. (To listen to an unabridged podcast version of this interview, please visitthis link. That is the journey we are on. 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. Gupta joined Allstate in 2011, bringing leadership, information technology, operations, product development and sales experience to Allstate. The oldest executive at The Allstate Corporation is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. 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 Ci It now is the country's largest nongovernmental organization, providing education to millions of children who might otherwise work instead of attending school. 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. 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. His latest book,Implementing World Class IT Strategy, has just been released by Wiley Press/Jossey-Bass. Does this suggest that the traditional corporate hierarchy is something that will become more and more malleable? Peter moderatestheForum on World Class ITpodcast series. There are 6 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of Chart Data in Insider Trading History Table. Si vous continuez voir ce . If you continue to see this In more than a decade at the company, he's brought innovative technology and business leadership to the enterprise. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. 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. Suren K. Gupta serves as Executive Vice President, Chief Information Technology and Enterprise Services Officer of AIC of the Company. pour nous faire part du problme. 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. WebMr. real person. On average, Suren trades about 7,682 units every 68 days since 2011. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.'. It is already playing a big role, but it gets exponentially better with time. Learn More about insider trades at Allstate. 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. If people are doing things that they think can be done in a better or different way, they can pull together a formal statement of the idea that will be brought to the Innovation Council, who can then decide to fund it. Data Year: Trend Analysis. This net worth estimate does not reflect any other assets that Mr. Gupta may own. The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. WebSuren Guptas Post Suren Gupta 3y Report this post where Allstate employs more than 2,500 people. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal lines products, such as renter, condominium, landlord, boat, umbrella, and manufactured home and stand-alone scheduled personal property; and commercial lines products under the Allstate and Encompass brand names. 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. 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. Hewas an entrepreneur, having co-founded astart upwireless Internet venture called Airclic. WebSuren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. 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 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. Wir entschuldigen uns fr die Umstnde. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Data Year: Trend Analysis. Please enter zip code. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail It is not something you can do overnight; it must be done over a period of time. welcome to. ALLSTATE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Opinions expressed by Forbes Contributors are their own. Enter your email address below to get our daily insider buying and selling report. He also runs the company'sback-office operations. There are 6 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of Learn More on Allstate's active insiders. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. You have entered an invalid ZIP. Username Password Need help logging in? Suren's mailing address filed with the SEC is C/O THE ALLSTATE CORPORATION, 3100 SANDERS ROAD, NORTHBROOK, IL, 60062-7154. This net worth estimate does not reflect any other assets that Mr. Gupta may own. WebAllstate Login. This net worth estimate does not reflect any other assets that Mr. Gupta may own. WebSuren K Gupta is Pres:Enterprise Solutions at Allstate Corp. See Suren K Gupta's compensation, career history, education, & memberships. The CIOs, essentially, are the ones that are business facing and have the interim responsibility of delivering goods to the business. 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. Please enable Cookies and reload the page. Earlier in his career, Gupta provided key leadership and vision as a founding member of the corporate executive team of Airclic Inc., a startup wireless Internet venture, and was senior vice president, informational technology and operations for GMAC Residential, a division of General Motors. Most recently, Suren Gupta sold 62,657 shares of the business's stock in a transaction on Monday, May 10th. WebSuren K Gupta is Pres:Enterprise Solutions at Allstate Corp. See Suren K Gupta's compensation, career history, education, & memberships. That is a testimony to how we view the role of technology in the company and how technology is an important part of moving the business forward. The other platform through which people can submit ideas is the regular chain of command. Allstate can also be reached via phone at (847) 402-5000 and via email at [emailprotected] Learn More on Suren Gupta's contact information. 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 pre-school education to underprivileged children in India. Suren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. So we are hand-in-glove with our business partners in terms of making sure that we move the business forward. NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. On average, Allstate Corp executives and independent directors trade stock every 15 days with the average trade being worth of $3,655,817. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. verdade. 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. In 2015, he was named to the board of directors of Zions Bancorporation. A star CIO at Starbucks, Gillett was dubbed Neo by Best Buy employees, after the hero of the film, The Matrix. welcome to. That comes under the bucket too, where we are building new platforms and technologies to enable the business to move forward. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. There are 6 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of 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. Dennis McCafferty is a contributor to CIO Insight. Most recently he exercised 20,241 units of ALL stock worth $1,056,175 on 3 January 2023. 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 other piece that is fascinating is the role that technology will play in the day-to-day life of every human being. 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. Total compensation: $3.7 million, Before SunTrust, Cheriyan oversaw business-systems transformation for IBMs global financial-services clients. 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. Suren K. Gupta: Pres of Enterprise Solutions: 1.13M: Pay is salary, bonuses, etc. Data Year: Trend Analysis. 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. Gupta: I think organizational structures need to be more flexible than the current silo mentality. Subsequent increases in base salary, generally awarded on an annual basis, will be dependent on your and the companys performance. 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. 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. Wenn Learn More on Suren Gupta's trading history. 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. How did you think to manage your career from an early stage? para informarnos de que tienes problemas. The Sourcing and Procurement Solutions and Administration & Real Estate groups ensure that the company is leveraging its buying power and fostering great work environments. Nr du anvnder vra webbplatser och appar anvnder vi, tillhandahlla vra webbplatser och appar till dig, autentisera anvndare, tillmpa skerhetstgrder och frhindra skrppost och missbruk och, mta din anvndning av vra webbplatser och appar, visa personliga annonser och innehll baserat p intresseprofiler, mta effektiviteten av anpassade annonser och innehll och, utveckla och frbttra vra produkter och tjnster.
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