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. A star CIO at Starbucks, Gillett was dubbed Neo by Best Buy employees, after the hero of the film, The Matrix. How did you think to manage your career from an early stage? 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. Suren Gupta SEC.gov 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, Suren trades about 7,682 units every 68 days since 2011. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. enva un correo electrnico a 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. 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. 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.. Nous sommes dsols pour la gne occasionne. 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. 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. This NASDAQ Stock Has Been On The Move In 2023 And It Looks Like Its Far From Over! The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. 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 Chart Data in Insider Trading History Table. WebThe average Allstate salary ranges from approximately $37,231 per year for a Call Center Representative to $406,239 per year for a President. In this role, he leads a global o rganization delivering innovative and transformational solutions WebSuren K Gupta is Pres:Enterprise Solutions at Allstate Corp. See Suren K Gupta's compensation, career history, education, & memberships. WebMr. 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. 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. 1001 and 1030). Vi, Yahoo, r en del av Yahoos varumrkesfamilj. 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). Please help us protect Glassdoor by verifying that you're a questo messaggio, invia un'email all'indirizzo Onze Suren Gupta Learn More about Suren Gupta's net worth. That helps a great deal in terms of how we partner with our businesses in setting the stage for out of the box thinking for our products and services, and moving the company forward. Allstate. Learn More about Suren Gupta's net worth. We are sorry for the inconvenience. As at ALLSTATE CORP, made $0in total compensation. Gupta joined Allstate in 2011 and leads a global organization that includes technology, corporate venture capital, sourcing and procurement and administrative services. Suren Gupta Learn More on Allstate's active insiders. High: Did you have ambitions early in your career to have such a broad sense of responsibilities at a company the size of Allstate? 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. Allstate Please enter zip code. Suren Gupta: I think organizational structures need to be more flexible than the current silo mentality. senior operations, sales, marketing and strategic development roles at INTELSAT, a telecommunications company, and at Thomson Corporation before leading technology and operations at GMAC. 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. The shares were sold at an average price of $135.23, for a transaction totalling $8,473,106.11. 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. WebMr. 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. The corporate mailing address for Mr. Gupta and other Allstate executives is 2775 SANDERS ROAD, NORTHBROOK IL, 60062. Gupta: Throughout my career, I have not focused on getting to a certain position as much as I have on learning as much as I can to broaden my skillset and horizons as I do whatever job I was assigned. Your update should be done soon. In his new role, Suren will lead and oversee Allstates 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. Matt Carey, Home Depot ALLSTATE However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Caso continue recebendo esta mensagem, Highest-Paid CIOs of Public Companies We reserve the right to block IP addresses that submit excessive requests. Peter High: I know that you are in the throes of a business transformation and have been for some time now, actually. NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. As of 3 January 2023 he still owns at least 102,511 units of Allstate Corp stock. Innovation Blitz is a very structured event that we have where people from the across the enterprise participate. Username Password Need help logging in? Suren Gupta - Metis Strategy Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. The Allstate Corporation (ALL) Company Profile & Facts 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. By using this site, you are agreeing to security monitoring and auditing. For more information, please see the SECs Web Site Privacy and Security Policy. It is not something you can do overnight; it must be done over a period of time. 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. The other piece that is fascinating is the role that technology will play in the day-to-day life of every human being. Strategic Ventures is Allstate's corporate venture capital group, initiating investments and partnerships with innovative startups and emerging growth companies. Prior to that, he was a founding member and head of technology, operations and international business for the mobile data company Airclic. 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 - Metis Strategy Please enable Cookies and reload the page. He is responsible for the company's information technology strategy, The oldest executive at The Allstate Corporation is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. SEC.gov The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. 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. Aydanos a proteger Glassdoor verificando que eres una persona real. The average Allstate hourly pay ranges from approximately $18 per hour for a Call Center Representative to $89 per hour for a Corporate Relations . Please describe the framework you are using for the transformation. 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. 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? Ls vr integritetspolicy och cookiepolicy fr att f mer information om hur vi anvnder dina personuppgifter. Please try again. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. One is to learn as much as you can in a current role that you have, dont worry about the next role. NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. 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. All Rights Reserved per informarci del problema. Focusing on innovation and enhanced delivery, he is responsible for technology strategy, network infrastructure, enterprise applicatio If you continue to see this In this role, he leads a global o rganization delivering innovative and transformational solutions Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. It now is the country's largest nongovernmental organization, providing education to millions of children who might otherwise work instead of attending school. That comes under the bucket too, where we are building new platforms and technologies to enable the business to move forward. Suren Gupta 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. High: Youve provided one already, can you give us some other examples of innovative ideas that have either been released or that you are working on? Coronavirus Tips Working and Protection. Suren Gupta Moves Beyond CIO At Allstate They sold a total of 176,962 shares worth more than $23,587,115.41. pour nous faire part du problme. Gupta: There are two things I would say. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. This is a BETA experience. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. It is already playing a big role, but it gets exponentially better with time. For anyone aspiring to run a corporation or sit in a high senior executive chair where you are managing a lot of people and money, you have got to know the complexity of what it takes to manage it. Total compensation: $3.19 million, Beer is a 20-year CPA by trade, and a former CFO. All Rights Reserved. $0 was awarded as stock So we are hand-in-glove with our business partners in terms of making sure that we move the business forward. 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. Gupta: I would be remiss if I didnt mention that our Chairman and CEO, Tom Wilson, is also a big part of why we have set up the organization as we have and the role that technology plays in the overall strategic focus of the company. Si continas viendo este mensaje, Other ideas concern using state-of-the-art technologies to serve our customers in an automated fashion. Suren K. Gupta serves as Executive Vice President, Chief Information Technology and Enterprise Services Officer of AIC of the Company. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Si continas recibiendo este mensaje, infrmanos del problema He combines technology and business acumen together with an entrepreneurs eye toward customer-centric innovation. There are 6 executives at Allstate Corp getting paid more, with ThomasWilson having the highest compensation of $19,615,700. The Protection Services segment provides a range of products and services that expand and enhance customer value propositions including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, and Allstate Identity Protection. las molestias. In this role, he leads a global o rganization delivering innovative and transformational solutions The Allstate Health and Benefits provides life, accident, critical illness, short-term disability, and other health insurance products. Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. WebSuren Guptas Post Suren Gupta 3y Report this post where Allstate employs more than 2,500 people. The information shown here is a reporting of information included in the company's proxy statement. para informarnos de que tienes problemas. In addition, Gupta oversees Allstate's strategic ventures with companies that advance its technology-driven, customer-focused strategy. 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. If I rewind back to my life as I finished schooling as a graduate student in engineering, when I first started working in consulting I had the opportunity to learn many different aspects of running a business. 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 NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. As at ALLSTATE CORP, made $0in total compensation. What is the salary of Suren Gupta? 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. WebAllstate Login. WebExecutive Compensation. WebBase Salary: Your annualized base salary will be $525,000 and $20,192.31 will be paid bi-weekly. 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. and $0 came from other types of compensation. The 10 Highest-Paid CIOs of Public Companies, Total compensation: $4.97 million, Passerini says hes anything but a stereotypical hardcore-techie CIO. Suren Gupta This report is not for commercial use. You may also find the annual proxy statement by going directly to the company's website. Peter will provide a free video or teleconference lecture on the book for any team that purchases 30 or more copies of it. There are 6 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of 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. Suren Gupta 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. Third, innovating and differentiating. What other forms or forums exist to make sure that for those who have ideas, those ideas are seeing the light of day? Suren Gupta has not been actively trading shares of Allstate during the last ninety days. Allstate can also be reached via phone at (847) 402-5000 and via email at [emailprotected] Learn More on Suren Gupta's contact information. Suren Gupta is Executive Vice President, Allstate Technology, Services & Ventures for Allstate Insurance Company. 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. Previously, he was executive vice president and group chief information officer for consumer lending at Wells Fargo. 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. Suren Data Year: Trend Analysis. Exercised is the value of options exercised during the fiscal year. Suren K. Gupta serves as Executive Vice President, Chief Information Technology and Enterprise Services Officer of AIC of the Company. Suren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. Information on this page was last updated on 2/22/2023. 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. document.write(new Date().getFullYear()); Allstate Insurance Company. Thank you for your interest in the U.S. Securities and Exchange Commission. Dennis McCafferty is a contributor to CIO Insight. 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 Allstate Corporation (ALL) Company Profile & Facts Once you have that kind of mindset, it is easier for the technologist that is a businessperson understand what the business issue is that we are trying to solve. As the Executive Vice President and Chief Information Technology and Enterprise Services Officer of AIC of Allstate Corp, the total compensation of Suren Gupta at Allstate Corp is $3,544,180. There are 6 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of 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. Even in my role at Wells Fargo, I had the opportunity to work with the business leadership in a similar fashion. om ons te informeren over dit probleem. The oldest executive at Allstate Corp (The) is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. 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. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov 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. (To listen to an unabridged podcast version of this interview, please visitthis link. Enter your email address below to get our daily insider buying and selling report.
suren gupta allstate salary