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. The second piece of that customer service side is when a customer has a need that has not been fulfilled or a problem his team is responsible for that, as well. At any given time we have a funnel of ideas that people come up with and a formal group called the Innovation Council that evaluates those ideas. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,304,148 as of April 23rd. Gupta is a graduate of the Advanced Management Program at Harvard Business School. Focusing on innovation and enhanced delivery, he is responsible for technology strategy, network infrastructure, enterprise applicatio The horizontal function is responsible for bringing consistency across those lines. TechnologyAdvice does not include all companies or all types of products available in the marketplace. WebThe average Allstate salary ranges from approximately $37,231 per year for a Call Center Representative to $406,239 per year for a President. 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 K. Gupta serves as Executive Vice President, Chief Information Technology and Enterprise Services Officer of AIC of the Company. Former chief technology officer of CVS Health, Zulfi Jeevanjee, is the new executive vice president and chief information officer at Allstate . WebExecutive Compensation. What other forms or forums exist to make sure that for those who have ideas, those ideas are seeing the light of day? In this role, he leads a global o rganization delivering innovative and transformational solutions High: Given your own background and the various functions you have been a part of over the years, have you taken a bit from each of those into the next position that you had along the way? 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? We get thousands of calls on an annual basis between our customers and agencies, so we are using some high tech technologies, AI-based, to create an intelligent knowledge base of the issues that have come up in the past and figuring out how the we can create a system that learns from those. High: You talked about Drivewise, which has been in place for some time now and is now, actually, delivered for the first time via cell phone, which you listed as one of the enabling and developing ideas. Suren's mailing address filed with the SEC is C/O THE ALLSTATE CORPORATION, 3100 SANDERS ROAD, NORTHBROOK, IL, 60062-7154. There are 6 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of 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. Gupta also has held senior operations, sales, marketing and strategic development roles at INTELSAT, a groundbreaking satellite telecommunications company. 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. Other ideas concern using state-of-the-art technologies to serve our customers in an automated fashion. Dennis McCafferty is a contributor to CIO Insight. He played an integral role in expanding operations internationally, establishing Allstate's corporate venture capital group, changing the way Allstate builds and delivers technology to be more agile and helping to introduce digital transformation to its businesses. You may opt-out by. This is a BETA experience. This is the 19th article in the "Beyond CIO" series. We reserve the right to block IP addresses that submit excessive requests. Prior to that, he was a founding member and head of technology, operations and international business for the mobile data company Airclic. President, Enterprise SolutionsAllstate Insurance Company. WebSuren Gupta is executive vice president of technology and strategic ventures and a member of the senior leadership team for Allstate Insurance Company, the second-largest personal lines insurer in the United States. In 2015, Gupta was named to the board of directors of Zions Bancorporation. In his new role, Suren will lead and oversee Allstates technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. Advertise with TechnologyAdvice on CIO Insight and our other IT-focused platforms. Username Password Need help logging in? The CIOs, essentially, are the ones that are business facing and have the interim responsibility of delivering goods to the business. 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 to let us know you're having trouble. 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. 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. He is responsible for the company's information technology strategy, Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail 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. This segment offers its products under various brands including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside Services, Arity, and Allstate Identity Protection. Subsequent increases in base salary, generally awarded on an annual basis, will be dependent on your and the companys performance. By clicking Log in you agree to Terms and conditions. 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. I would describe Drivewise on the mobile phone as a Capital I; it is something that is new in the market and is also innovative because of the way we attract customers to come and use that technology. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. 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. 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. In this role, he leads a global o rganization delivering innovative and transformational solutions The other piece that is fascinating is the role that technology will play in the day-to-day life of every human being. Exercised is the value of options exercised during the fiscal year. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. Gupta joined Allstate in 2011 and leads a global organization that includes technology, corporate venture capital, sourcing and procurement and administrative services. On The Ethical Use Of Data Vs. Suren K. Gupta: Pres of Enterprise Solutions: 1.13M: Pay is salary, bonuses, etc. Get notified the next time Suren Gupta buys or sells Allstate stock. Lamentamos In addition, Gupta oversees Allstate's strategic ventures with companies that advance its technology-driven, customer-focused strategy. 1001 and 1030). (To listen to an unabridged podcast version of this interview, please visitthis link. 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 Follow him on@WorldClassIT. Vi, Yahoo, r en del av Yahoos varumrkesfamilj. Suren Gupta is 58, he's been the Executive Vice President a Chief Information Technology and Enterprise Services Officer of AIC of The Allstate since 2020. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. 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. ALLSTATE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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. Before joining Allstate, Gupta was group executive vice president and chief information officer for Wells Fargo Bank. In more than a decade at the company, he's brought innovative technology and business leadership to the enterprise. 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. Coronavirus Tips Working and Protection. 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. NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. He also runs the company'sback-office operations. 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. 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. Previously, he was executive vice president and group chief information officer for consumer lending at Wells Fargo. He also received an MBA from George Mason University and a master's degree in computer engineering from West Virginia University. 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. Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. Suren Gupta has not been actively trading shares of Allstate during the last ninety days. naar By using this site, you are agreeing to security monitoring and auditing. 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. We are sorry for the inconvenience. Signage is displayed outside Allstate Corp. campus in Northbrook, Illinois on Sunday, Jan. 29, 2017. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,304,148 as of April 23rd. 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. . Suren Gupta is Executive Vice President, Allstate Technology & Strategic Ventures for Allstate Insurance Company. You can see the complete history of Mr. Gupta stock trades at the bottom of the page. WebBase Salary: Your annualized base salary will be $525,000 and $20,192.31 will be paid bi-weekly. 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. Does this suggest that the traditional corporate hierarchy is something that will become more and more malleable? Learn More about insider trades at Allstate. There is no recent news or activity for this profile. 2022 TechnologyAdvice. 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. The Allstate Health and Benefits provides life, accident, critical illness, short-term disability, and other health insurance products. Exercised is the value of options exercised during the fiscal year. He is directly responsible for technology that can be applied to the company's products and services. Disculpa Where Agency Users and Employees access Allstate software and internal tools. 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. NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. Hewas an entrepreneur, having co-founded astart upwireless Internet venture called Airclic. $0 was received in stock options, The Sourcing and Procurement Solutions and Administration & Real Estate groups ensure that the company is leveraging its buying power and fostering great work environments. 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. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. WebExecutive Compensation. Ls vr integritetspolicy och cookiepolicy fr att f mer information om hur vi anvnder dina personuppgifter. $0 was received as a bonus, He is also on the board of 5 other companies. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. an. Learn More about Suren Gupta's net worth. WebSuren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Opinions expressed by Forbes Contributors are their own. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,304,148 as of April 23rd. Also worked as an intelligence-systems officer for the U.S. Air Force. In this role, he leads a global o rganization delivering innovative and transformational solutions Peter Highis President ofMetis Strategy, a business and IT advisory firm. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. excuses voor het ongemak. 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. 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 WebSuren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. om ons te informeren over dit probleem. WebSuren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Suren Gupta is Executive Vice President, Allstate Technology & Strategic Ventures for Allstate Insurance Company. WebAllstate Login. By clicking Log in you agree to Terms and conditions. Gupta is a member of the board of directors of Zions Bancorporation. 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. enviando un correo electrnico a 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. A star CIO at Starbucks, Gillett was dubbed Neo by Best Buy employees, after the hero of the film, The Matrix. For more information, contact opendata@sec.gov. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Where Agency Users and Employees access Allstate software and internal tools. Ci To give you an example, I sit along with the line of business presidents on a Strategy and Reinvention committee that drives the strategic cost leadership for the company. Si vous continuez voir ce Username Password Need help logging in? WebBase Salary: Your annualized base salary will be $525,000 and $20,192.31 will be paid bi-weekly. Subsequent increases in base salary, generally awarded on an annual basis, will be dependent on your and the companys performance. Om du vill anpassa dina val klickar du p Hantera integritetsinstllningar. Si continas recibiendo este mensaje, infrmanos del problema Your update should be done soon. Third, innovating and differentiating. 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. The Internet Of Things, How Capital One Became A Leading Digital Bank, Qualcomm Launches The First 10nm Server Chip, How A Trump Presidency Will Erode Cyber Privacy And National Security, Survey Finds Large Gaps Between Business Expectations And IT Capabilities, How Traditional Broadcasters Can Compete With Billions Of New Broadcasters, DDoS And 3 Recommendations To Secure The Internet Of Things (IoT), World Bank CIO: Digital Transformation Includes Use Of Drone Technology, World Class IT: Why Businesses Succeed When IT Triumphs. Aydanos a proteger Glassdoor verificando que eres una persona real. The Run-off Property-Liability segment relates to property and casualty insurance policies with exposure to asbestos, environmental, and other claims. Gupta joined Allstate in 2011, bringing leadership, information technology, operations, product development and sales experience to Allstate. There are 16 older and 17 younger executives at The Allstate. As at ALLSTATE CORP, made $0in total compensation. That will come only if they are flexible: the skillsets that you need in those organizations have to be flexible with the type of jobs that they want. verdade. Gupta: How we look at risk parameters and price our products and services based on peoples driving habits. In his new role, Suren will lead and oversee Allstates technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. Matt Carey, Home Depot Matt Carey, Home Depot Please try again. Allstate can also be reached via phone at (847) 402-5000 and via email at [emailprotected] Learn More on Suren Gupta's contact information. Then there is a horizontal organization with functions that bring consistency across the enterprise, such as architecture, infrastructure services, quality assurance, release management, problem management. and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Gupta: We are very deliberate about, at least for some of the senior positions, making sure that the people that we bring in are first businessmen and women, rather than just technologists. Executive Vice President of Technology & Operations, 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. Allstate. WebMr. 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.
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