Allstate Corp. announced from its Northbrook Ill. headquarters that Thomas J. Wilson, 44, currently chairman and president of Allstate Financial, will assume the new role of president, Allstate Protection, effective Oct. 1, 2002.
He will replace Richard I. Cohen, who is retiring effective Dec. 31, 2002. “Allstate Protection will combine the existing operations of Allstate Property and Casualty and the Ivantage Group and provide property and casualty products through Allstate and independent agencies, respectively,” said the announcement.
In other management changes the bulletin announced that Casey J. Sylla, 59, presently acting CFO, will replace Wilson as chairman and president of Allstate Financial, effective Oct. 1. Samuel H. Pilch, 55, currently group VP and controller, will assume the position of acting CFO. Ms. Catherine S. Brune, 49, currently a VP in Allstate’s Technology Shared Services, has been appointed senior VP and chief technology officer and will assume leadership of the corporate technology group effective Oct. 1. She succeeds Frank M. Pollard, senior VP and chief information officer who is retiring effective Dec. 31, 2002.
“These changes are designed to accelerate our growth, while complementing and enhancing the progress we have made in implementing our core business strategies,” stated Edward M. Liddy, Allstate’s chairman, president and CEO. “Over the last three years we have successfully carried out a number of initiatives in our strategy to become better and bigger in our traditional core business, and broader in the range of financial products provided to the more than 16 million households across America who are our customers.”
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