---
schema_version: "secwatch.filing_event.v1"
accession: "0000899051-22-000059"
form_type: "8-K"
ticker: "ALL"
cik: "0000899051"
company_name: "ALLSTATE CORP"
filed_at: "2022-08-18T23:59:59+00:00"
generated_at: "2026-06-23T22:58:28.597316+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Allstate names Jess Merten as CFO; Mario Rizzo becomes President, Property-Liability

## Summary
- Glenn Shapiro retires as President, Property-Liability effective Sept 30, 2022; receives $1.1M voluntary retirement payment.
- Mario Rizzo transitions from CFO to President, Property-Liability effective Sept 1; salary $850,000, incentive targets increased.
- Jess Merten succeeds Rizzo as CFO effective Sept 1; salary $765,000, target equity incentive 300% of salary.
- John Dugenske becomes President, Investments and Corporate Strategy effective Sept 1.
- Leadership changes are part of Allstate's purpose-driven strategy to improve auto insurance margins.

## SEC filing metadata
- accession: 0000899051-22-000059
- form_type: 8-K
- ticker: ALL
- cik: 0000899051
- company_name: ALLSTATE CORP
- filed_at: 2022-08-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899051/000089905122000059/0000899051-22-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899051/000089905122000059/all-20220818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000899051-22-000059
- JSON: https://secwatch.observer/filing/0000899051-22-000059.json
- Plain text: https://secwatch.observer/filing/0000899051-22-000059.txt

## Key facts
- Executive change
  Glenn T. Shapiro departed as President, Property-Liability at ALLSTATE CORP.
  - Action: retire
  - Role: President, Property-Liability
  source text: On August 18, 2022, the Registrant announced that Glenn T. Shapiro, current President, Property-Liability of AIC, will retire on September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/899051/000089905122000059/0000899051-22-000059-index.htm
- Executive change
  John E. Dugenske was elected as President, Investments and Corporate Strategy at ALLSTATE CORP.
  - Action: elected
  - Role: President, Investments and Corporate Strategy
  source text: As part of these organizational changes, John E. Dugenske, current President, Investments and Financial Products of AIC was elected President, Investments and Corporate Strategy of AIC, effective September 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/899051/000089905122000059/0000899051-22-000059-index.htm
- Executive change
  Mario Rizzo was elected as President, Property-Liability at ALLSTATE CORP.
  - Action: elected
  - Role: President, Property-Liability
  source text: On August 18, Mario Rizzo, current Executive Vice President and Chief Financial Officer of the Registrant and Allstate Insurance Company (“AIC”), was elected as President, Property-Liability of AIC, effective September 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/899051/000089905122000059/0000899051-22-000059-index.htm
- Executive change
  Jesse E. Merten was appointed as Executive Vice President and Chief Financial Officer at ALLSTATE CORP.
  - Action: elected to succeed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On August 18, Jesse E. Merten was elected to succeed Mr. Rizzo as Executive Vice President and Chief Financial Officer of the Registrant and AIC, effective September 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/899051/000089905122000059/0000899051-22-000059-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.