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Wednesday, April 7, 2010 as of 11:14 AM ET

Thomas J. Wilson

Thomas J. Wilson

Thomas J. Wilson (born c. 1958) is chairman, president and chief executive officer of The Allstate Corporation and Allstate Insurance Company.

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Unions, Pension Funds Oppose Pay Hike For Allstate CEO

Unions and pension funds that hold about 2.

6 million shares of Allstate Corp. (ALL) will vote against the company's "say-on-pay" provision for the second straight year after Chief Executive Tom Wilson's compensation rose 20% in 2011, according to the investment advisory firm that will vote their shares.Last year's say-on-pay proposal got 57% support, a relatively low figure for a company of Allstate's prominence. After the vote, the board of directors met with investors and said it made changes to its compensation program to reflect their concerns, but many of those changes hadn't yet gone into effect when the company was putting together its 2011 pay package.The stock held by the group of unions and pensions funds, including the AFL-CIO and the International Brotherhood of Electrical Workers, represents less than 1% of the Allstate shares outstanding.But their opposition to Wilson's pay package shows some shareholders aren't ready to look past Wilson's 2011 compensation to the 2012 re...

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  1. Allstate Expands Presence With Esurance Buy

    Esurance customers can now find themselves “in good hands” with Allstate.Top U.S. publicly held personal lines insurer Allstate (NYSE:ALL) has scooped up Esurance an...

  2. Allstate CEO on Insurance Industry

    Allstate CEO Thomas Wilson takes on the big issues facing the insurance industry.

  3. Allstate CEO on Economy, Debt

    Allstate CEO Tom Wilson discusses the future of the U.S. economy

  4. Allstate 2Q Beats the Street

    Allstate Corp. (NYSE:ALL) said Wednesday that its net income fell, but operating profit beat expectations, sending shares higher in after-hours trading.The insurance...

  5. Allstate CEO on Consumer Spending

    Allstate CEO Thomas Wilson on the shifts in consumer behavior due to the economy.

  1. Allstate 1Q Profit Jumps 46% On Home-Insurance Results

    Allstate Corp.'s (ALL) first-quarter profit jumped 46% to $766 million as improved results in its home-insurance business and lower catastrophe costs gave a boost to...

  2. Confidential Slides Reveal Allstate's Rapid Decline In 2011

    The number of new customers buying car insurance from Allstate Corp. (ALL) began "rapidly declining" in the second quarter of last year, prompting the company to spe...

  3. EARNINGS PREVIEW: Mild Winter To Boost Returns For Insurers

    TAKING THE PULSE: The mild winter was kind to U.S. property-casualty insurers in the first quarter, giving the sector a respite after a long string of natural catast...

  4. Allstate 4Q Profit Doubles As Weather Cooperates

    Allstate Corp. (ALL), the largest publicly traded home and auto insurer in the U.S., more than doubled its fourth-quarter profit as the company won a rare reprieve f...

  5. Allstate 3Q Beats Street, Profit Falls on Disaster Losses

    Allstate Corp. (NYSE:ALL) delivered better-than-expected third-quarter results on Monday, even as profit fell precipitously on quarterly catastrophe losses that clim...

  6. Allstate CEO on the Challenges Facing the Insurance Industry

    Allstate CEO Tom Wilson on how insurance companies are adjusting to the difficult economy and financial challenges facing their customers.

  7. Disasters Sink Allstate's 2Q; Non-GAAP EPS Beats View

    Slammed by a flurry of calamitous tornadoes and other disasters in the U.S., insurance giant Allstate (NYSE:ALL) posted a steep second quarter loss on Monday amid $2...

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