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. Even today as I sit in the chair that I sit in, I am always focused on what else I can learn to make the organization better and in many ways, catch myself up to speed with how to run a business. The largest trade he's ever made was selling 103,242 units of Allstate Corp stock on 10 November 2017 worth over $10,187,921. 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. Allstate The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois. Each line of business has a CIO aligned with it that is completely responsible from start to finish for delivering all of the things that the business needs. 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. It is not something you can do overnight; it must be done over a period of time. Matt Carey, Home Depot 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. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. WebSuren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Ci 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.. welcome to. Suren K. Gupta serves as Executive Vice President, Chief Information Technology and Enterprise Services Officer of AIC of the Company. All proxy statements are public filings made available to the general public by the SEC. Chart Data in Insider Trading History Table. There are 15 older and 15 younger executives at Allstate Corp. 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. Even in my role at Wells Fargo, I had the opportunity to work with the business leadership in a similar fashion. 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. Finally, he has the classic background that so many of the people profiled in the "Beyond CIO" series, with an engineering undergraduate degree, and an MBA. para nos informar sobre o problema. The average Allstate hourly pay ranges from approximately $18 per hour for a Call Center Representative to $89 per hour for a Corporate Relations . Lamentamos pelo inconveniente. Gupta: How we look at risk parameters and price our products and services based on peoples driving habits. 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. It operates through following business segments: Allstate Protection, Protection Services, Allstate Health and Benefits, Run-off Property-Liability, and Corporate and Other. including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Peter will provide a free video or teleconference lecture on the book for any team that purchases 30 or more copies of it. His latest book,Implementing World Class IT Strategy, has just been released by Wiley Press/Jossey-Bass. welcome to. 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. 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. WebMr. WebExecutive Compensation. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, This net worth estimate does not reflect any other assets that Mr. Gupta may own. In 2015, Gupta was named to the board of directors of Zions Bancorporation. That comes under the bucket too, where we are building new platforms and technologies to enable the business to move forward. Allstate. 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). There are 6 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of 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. What is the salary of Suren Gupta? The estimated Net Worth of Suren Gupta is at least $26.5 Million dollars as of 3 January 2023. He has a masters level philosophy degree in management. There are 6 executives at Allstate Corp getting paid more, with ThomasWilson having the highest compensation of $19,615,700. NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. 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. High: How does one submit those ideas? Suren K. Gupta: Pres of Enterprise Solutions: 1.13M: Pay is salary, bonuses, etc. Highest-Paid CIOs of Public Companies You may also find the annual proxy statement by going directly to the company's website. The oldest executive at Allstate Corp (The) is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. Allstate By clicking Log in you agree to Terms and conditions. It is already playing a big role, but it gets exponentially better with time. Learn More about Suren Gupta's net worth. Highest-Paid CIOs of Public Companies There are 6 executives at The Allstate getting paid more, with ThomasWilson having the highest compensation of $19,615,700. Suren Gupta He is also on the board of 5 other companies. In his new role, Suren will lead and oversee Allstates technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. Allstate Suren Gupta Learn More on Suren Gupta's trading history. In this role, he leads a global o rganization delivering innovative and transformational solutions WebSuren Guptas Post Suren Gupta 3y Report this post where Allstate employs more than 2,500 people. Gupta: We have something called Small i innovation which is incremental, and then there is Capital I innovation which is something that is truly differentiating and completely new. 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. 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. Gupta earned a master's degree in computer engineering from West Virginia University and a Master of Business Administration from George Mason University. Suren Gupta Moves Beyond CIO At Allstate 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. Domo vs Tableau: Which is the better BI solution? Allstate The Allstate Corporation (ALL) Company Profile & Facts 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 is a graduate of the Advanced Management Program at Harvard Business School. Suren Gupta is Executive Vice President, Allstate Technology, Services & Ventures for Allstate Insurance Company. . Oops! Peter moderatestheForum on World Class ITpodcast series. He also is a graduate of the Advanced Management Program at Harvard Business School. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Total compensation: $3.48 million, Before Home Depot, Carey spent two decades at Wal-Mart, where he integrated Walmart.com, Samsclub.com and the companys grocery home delivery business in the U.K. Total compensation: $3.44 million, Has served former CIO stints for PeopleSoft, Oracle and Symantec. 2022 TechnologyAdvice. To read future articles in the series, please click the "Follow" link above.). 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. Allstate can also be reached via phone at (847) 402-5000 and via email at [emailprotected] Learn More on Suren Gupta's contact information. The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Gupta: There are multiple forums. 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. Learn More about Suren Gupta's net worth. Reference ID: 0.5d841402.1682964270.1c9b9e1. Total compensation: $3.19 million, Beer is a 20-year CPA by trade, and a former CFO. Total compensation: $3.7 million, Before SunTrust, Cheriyan oversaw business-systems transformation for IBMs global financial-services clients. 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. Nous sommes dsols pour la gne occasionne. Allstate Executive Vice President of Technology & OperationsSuren Gupta has a remarkably diverse background. 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 This segment offers its products under various brands including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside Services, Arity, and Allstate Identity Protection. 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. verdade. He is responsible for the company's information technology strategy. Exercised is the value of options exercised during the fiscal year. 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 Please describe the framework you are using for the transformation. In addition, Gupta oversees Allstate's strategic ventures with companies that advance its technology-driven, customer-focused strategy. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. His organization has won numerous awards, including the United Kingdom's highest honor for business success, the Queen's Award for 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. As at ALLSTATE CORP, made $0in total compensation. He is responsible for the company's information technology strategy, However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. Wenn made $0 in total compensation. naar 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. Signage is displayed outside Allstate Corp. campus in Northbrook, Illinois on Sunday, Jan. 29, 2017. 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 Allstate Health and Benefits provides life, accident, critical illness, short-term disability, and other health insurance products. Suren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Coronavirus Tips Working and Protection. 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 message, please email Suren 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. 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. As at ALLSTATE CORP, made $0in total compensation. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,304,148 as of April 23rd. In this role, he leads a global o rganization delivering innovative and transformational solutions This information is according to proxy statements filed for the fiscal year. High: Did you have ambitions early in your career to have such a broad sense of responsibilities at a company the size of Allstate? Matt Carey, Home Depot All Rights Reserved. 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. Gupta joined Allstate in 2011 and leads a global organization that includes technology, corporate venture capital, sourcing and procurement and administrative services. The average Allstate hourly pay ranges from approximately $18 per hour for a Call Center Representative to $89 per hour for a Corporate Relations . Prior to that, he was a founding member and head of technology, operations and international business for the mobile data company Airclic. scusiamo se questo pu causarti degli inconvenienti. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses. at ALLSTATE CORP as reported in their proxy statements. The most recent insider tranaction occured on February, 22nd when CFO Jesse E Merten sold 29,451 shares worth more than $3,951,735.18. Allstate NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. Allstate All Rights Reserved Suren Gupta A star CIO at Starbucks, Gillett was dubbed Neo by Best Buy employees, after the hero of the film, The Matrix. As of 3 January 2023 he still owns at least 102,511 units of Allstate Corp stock. WebSuren K Gupta is Pres:Enterprise Solutions at Allstate Corp. See Suren K Gupta's compensation, career history, education, & memberships. Allstate Executive Vice President of Technology & Operations Suren Gupta has a remarkably diverse background. 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. message, contactez-nous l'adresse Suren Gupta is Executive Vice President, Allstate Technology & Strategic Ventures for Allstate Insurance Company. para informarnos de que tienes problemas. 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 2015, he was named to the board of directors of Zions Bancorporation. Allstate. Focusing on innovation and enhanced delivery, he is responsible for technology strategy, network infrastructure, enterprise applicatio operations and processes. Learn More about Suren Gupta's net worth. Information on this page was last updated on 2/22/2023. WebSuren Guptas Post Suren Gupta 3y Report this post where Allstate employs more than 2,500 people. 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. 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. 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. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. Du kan ndra dina val nr som helst genom att klicka p lnkarna "Integritetspanel" p vra webbplatser och appar. Suren Gupta The Allstate Corporation protects people from life's uncertainties with a wide array of protection for autos, homes, electronic devices and identity theft with more than 172 million policies in force. They sold a total of 176,962 shares worth more than $23,587,115.41. Mr. Gupta owns over 20,241 units of Allstate Corp stock worth over $11,787,740 and over the last 12 years he sold ALL stock worth over $11,130,421. Enter your email address below to get our daily insider buying and selling report. Suren Gupta - Metis Strategy He is responsible for the company's information technology strategy, WebSuren K Gupta is Pres:Enterprise Solutions at Allstate Corp. See Suren K Gupta's compensation, career history, education, & memberships. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. real person. 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. envie um e-mail para WebSuren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Gupta: There are two things I would say. SEC.gov Also worked as an intelligence-systems officer for the U.S. Air Force. He has brought all of this to bear in his current role at Allstate. WebBase Salary: Your annualized base salary will be $525,000 and $20,192.31 will be paid bi-weekly. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. 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? Suren How do you differentiate between those ideas that which you described? WebAllstate Login. It now is the country's largest nongovernmental organization with activities in 21 states of India to provide education to millions of children who might otherwise work instead of attending school. Allstate WebExecutive Compensation. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. 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. 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? Allstate. Thorough reviews have been conducted to assure this data accurately reflects disclosures. In many ways, the structure is very similar to how a venture capitalist would evaluate new companies. Suren Gupta has not been actively trading shares of Allstate during the last ninety days. Suren Gupta is Executive Vice President, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de 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. One is to learn as much as you can in a current role that you have, dont worry about the next role. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. 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. Suren Gupta In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. Gupta: I think organizational structures need to be more flexible than the current silo mentality. TechnologyAdvice does not include all companies or all types of products available in the marketplace. Suren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. I think we see that as people move in their career, they will need to have more broad experiences rather than narrow, especially to be able to lead organizations. pour nous faire part du problme. The Allstate Health and Benefits segment offers voluntary benefits and individual life and health products, including life, accident, critical illness, short term disability, and other health insurance products sold through independent agents, benefit brokers, and Allstate exclusive agencies. to let us know you're having trouble. The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. The Run-off Property-Liability segment relates to property and casualty insurance policies with exposure to asbestos, environmental, and other claims. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,304,148 as of April 23rd. 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. Allstate Executive Vice President of Technology & Operations Suren Gupta has a remarkably diverse background. $0 was received as a bonus, Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie an. Former chief technology officer of CVS Health, Zulfi Jeevanjee, is the new executive vice president and chief information officer at Allstate . First and foremost, they need to be focused on operations and execution. WebAllstate Login. Last updated: 21 February 2023 at 5:03pm EST. For more information, please see the SECs Web Site Privacy and Security Policy. He is also the author ofWorld Class IT: Why Businesses Succeed When IT Triumphs. Allstate's insider roster includes John Dugenske (Insider), Suren Gupta (EVP), Harriet Harty (EVP), Susan Lees (EVP), Jesse Merten (Insider), Samuel Pilch (VP), John Pintozzi (CAO), Mark Prindiville (EVP), Mario Rizzo (CFO), Steven Shebik (Vice Chairman), Judith Sprieser (Director), Thomas Wilson (CEO), and Matthew Winter (President). Hewas an entrepreneur, having co-founded astart upwireless Internet venture called Airclic. 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. Lamentamos and $0 came from other types of compensation. Innovation Blitz is a very structured event that we have where people from the across the enterprise participate. In more than a decade at the company, he's brought innovative technology and business leadership to the enterprise. 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. Data Year: Trend Analysis. questo messaggio, invia un'email all'indirizzo 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 Suren K. Gupta: Pres of Enterprise Solutions: 1.13M: Pay is salary, bonuses, etc. This is the 19th article in the "Beyond CIO" series. Where Agency Users and Employees access Allstate software and internal tools. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. Gupta also has held senior operations, sales, marketing and strategic development roles at INTELSAT, a groundbreaking satellite telecommunications company. $0 was received in stock options, Most recently, Suren Gupta sold 62,657 shares of the business's stock in a transaction on Monday, May 10th. Gupta is a member of the board of directors of Zions Bancorporation. 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. Subsequent increases in base salary, generally awarded on an annual basis, will be dependent on your and the companys performance.
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