Where Agency Users and Employees access Allstate software and internal tools. All Rights Reserved Gupta: I am really fascinated by the possibility by what creating knowledge and wisdom out of more data would entail for society in general. A star CIO at Starbucks, Gillett was dubbed Neo by Best Buy employees, after the hero of the film, The Matrix. 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. 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. Gupta joined Allstate in 2011, bringing leadership, information technology, operations, product development and sales experience to Allstate. And that comes only bits and pieces at a time. Gupta is a member of the board of directors of Zions Bancorporation. He is responsible for the company's information technology strategy, Please enable Cookies and reload the page. 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. Si continas viendo este mensaje, The second bucket is building technology and platforms that would lend themselves to the future of the company. This is a BETA experience. para nos informar sobre o problema. The other piece that is fascinating is the role that technology will play in the day-to-day life of every human being. Suren K. Gupta: Pres of Enterprise Solutions: 1.13M: Pay is salary, bonuses, etc. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. 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 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. 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. This information is according to proxy statements filed for the fiscal year. Please try again. Peter High: I know that you are in the throes of a business transformation and have been for some time now, actually. los inconvenientes que esto te pueda causar. Data Year: Trend Analysis. Your update should be done soon. This net worth estimate does not reflect any other assets that Mr. Gupta may own. The estimated Net Worth of Suren Gupta is at least $26.5 Million dollars as of 3 January 2023. If you think about that as the core business, there is a huge amount of change that we are going through both in terms of the services that we provide and the innovative products we are bringing to our customer base. He also received an MBA from George Mason University and a master's degree in computer engineering from West Virginia University. WebThe average Allstate salary ranges from approximately $37,231 per year for a Call Center Representative to $406,239 per year for a President. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. 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. Get notified the next time Suren Gupta buys or sells Allstate stock. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. 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. 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. Where Agency Users and Employees access Allstate software and internal tools. 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 was established in 1994 to provide pre-school education to children in India's slums. The chart on this page features a breakdown of the total annual pay for , Analysts believe this stock's product demand could rise quickly in the next few years. 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 Learn More on Suren Gupta's contact information. 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. pour nous faire part du problme. 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. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. With the connectivity of all of technology, people, and everything we use in a day-to-day basisthe possibilities are unlimited. That is the journey we are on. Subscribe to Daily Tech Insider for top news, trends & analysis, University of Massachusetts Learns Cyber-Defense, Storage Vulnerabilities: The Neglected Cybersecurity Frontier. 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. Learn More about Suren Gupta's net worth. You can see the complete history of Mr. Gupta stock trades at the bottom of the page. Advertise with TechnologyAdvice on CIO Insight and our other IT-focused platforms. Reference ID: 0.5d841402.1682964270.1c9b9e1. In this role, he leads a global o rganization delivering innovative and transformational solutions Follow him on@WorldClassIT. 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. To read future articles in the series, please click the "Follow" link above.). A number of those things are in the works right now. Du kan ndra dina val nr som helst genom att klicka p lnkarna "Integritetspanel" p vra webbplatser och appar. and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). The Allstate Health and Benefits provides life, accident, critical illness, short-term disability, and other health insurance products. Information on this page was last updated on 2/22/2023. As at ALLSTATE CORP, Enter your email address below to get our daily insider buying and selling report. 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. His latest book,Implementing World Class IT Strategy, has just been released by Wiley Press/Jossey-Bass. 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 The Run-off Property-Liability segment relates to property and casualty insurance policies with exposure to asbestos, environmental, and other claims. Username Password Need help logging in? Suren K. Gupta serves as Executive Vice President, Chief Information Technology and Enterprise Services Officer of AIC of the Company. So we are hand-in-glove with our business partners in terms of making sure that we move the business forward. WebExecutive Compensation. The oldest executive at Allstate Corp (The) is Samuel Henry Pilch, 74, who is the Sr. Group VP & Controller of Allstate Insurance Company. 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. message, please email Total compensation: $3.19 million, Beer is a 20-year CPA by trade, and a former CFO. In more than a decade at the company, he's brought innovative technology and business leadership to the enterprise. 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, 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. The Run-off Property-Liability offers property and casualty insurance. Shes worked for Coca-Cola and, ironically, given her last name, Molson Coors Brewing. Exercised is the value of options exercised during the fiscal year. NORTHBROOK, IL (November 2, 2022) Suren Gupta has assumed the role of President of Enterprise Solutions at Allstate. In 2015, Gupta was named to the board of directors of Zions Bancorporation. real person. It is already playing a big role, but it gets exponentially better with time. That has helped me throughout my career so far, Peter. There are 6 executives at The Allstate getting paid more, with ThomasWilson having the highest compensation of $19,615,700. 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. Exercised is the value of options exercised during the fiscal year. By clicking Log in you agree to Terms and conditions. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Then second, enabling and developing. 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. How do you differentiate between those ideas that which you described? ein Mensch und keine Maschine sind. In his role leading the global technology organization, Gupta is responsible for bringing the technological vision and capabilities needed to drive the company's Transformative Growth Plan, which leverages the Allstate brand, people and technology to accelerate growth in its personal property-liability business. 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? Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. In many ways, the structure is very similar to how a venture capitalist would evaluate new companies. For more information, contact opendata@sec.gov. Suren Gupta has not been actively trading shares of Allstate during the last ninety days. WebSuren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. 2022 TechnologyAdvice. 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. 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. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,304,148 as of April 23rd. We reserve the right to block IP addresses that submit excessive requests. How do you parse your way through those various constituencies in order to develop a systematic way of driving ideas and innovation that serve those diverse groups? Subsequent increases in base salary, generally awarded on an annual basis, will be dependent on your and the companys performance. Other ideas concern using state-of-the-art technologies to serve our customers in an automated fashion. WebSuren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Suren's mailing address filed with the SEC is C/O THE ALLSTATE CORPORATION, 3100 SANDERS ROAD, NORTHBROOK, IL, 60062-7154. 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. High: As you think out into the future, are there certain things the excite you or technologies that you are hoping to gain further insight into or leverage, either personally or at Allstate and beyond? Als u dit bericht blijft zien, stuur dan een e-mail What is the salary of Suren Gupta? One is to learn as much as you can in a current role that you have, dont worry about the next role. WebSuren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. 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. 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. 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. Last updated: 21 February 2023 at 5:03pm EST. Suren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses. 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. WebSuren Guptas Post Suren Gupta 3y Report this post where Allstate employs more than 2,500 people. 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 first is made up of all of the work that needs to be done to simplify our environment and continuously improve the current environment that we are in. ALLSTATE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Ameritrade, Marsh & McLennan, and Schneider National among others, please visit this link. 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. Gupta earned a master's degree in computer engineering from West Virginia University and a Master of Business Administration from George Mason University. WebExecutive Compensation. What is the salary of Suren Gupta? This net worth estimate does not reflect any other assets that Mr. Gupta may own. That comes under the bucket too, where we are building new platforms and technologies to enable the business to move forward. The average Allstate hourly pay ranges from approximately $18 per hour for a Call Center Representative to $89 per hour for a Corporate Relations . Allstate Executive Vice President of Technology & Operations Suren Gupta has a remarkably diverse background. excuses voor het ongemak. Prior to that, he was a founding member and head of technology, operations and international business for the mobile data company Airclic. 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. Wir entschuldigen uns fr die Umstnde. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de This segment offers its products under various brands including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside Services, Arity, and Allstate Identity Protection. 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. He is also the author ofWorld Class IT: Why Businesses Succeed When IT Triumphs. Previously, he was executive vice president and group chief information officer for consumer lending at Wells Fargo. 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? The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois. 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. Hewas an entrepreneur, having co-founded astart upwireless Internet venture called Airclic. It was a great learning ground for me that has helped a great deal in what I do today at Allstate. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. Total compensation: $3.7 million, Before SunTrust, Cheriyan oversaw business-systems transformation for IBMs global financial-services clients. As at ALLSTATE CORP, made $0in total compensation. He is responsible for the company's information technology strategy, 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. Former chief technology officer of CVS Health, Zulfi Jeevanjee, is the new executive vice president and chief information officer at Allstate . 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. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. an. 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. questo messaggio, invia un'email all'indirizzo This net worth estimate does not reflect any other assets that Mr. Gupta may own. Learn More on Allstate's active insiders.