In 2023, Don Civgin earned $3.46M in total compensation at Allstate, including $1.39M salary and $2.08M bonus. Most recently acquired 31,928 shares in Feb 2022. Currently holds stock worth $24.16M. 5+ years at the helm of Allstate.
Compensation History
Annual executive compensation data for Don Civgin, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.46M
Salary
$1.39M
Bonus
$2.08M
Other
$0.00
Salary
$1.39MBoard Justification
The compensation philosophy emphasizes pay for performance, aligning executive compensation with the company's strategic goals and shareholder interests.
Bonus
$2.08MBoard Justification
The annual cash incentive award was approved at $2,077,500, which was 50% of the funding level due to negative net income.
Other Compensation
$0.00Board Justification
No other compensation was reported for 2023.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus was on cash compensation and performance metrics.
Performance Metrics
Performance metrics included Total Premiums, Performance Net Income, and Net Investment Income, with a focus on achieving positive net income.
Don Civgin
CEO of Allstate
Education
Bachelor's degree from the University of Michigan
Field of Expertise
Business & Management - Business Management
Sector of Economy
Financial Services
Born
February 5, 1969 - 56 years ago
CEO of Allstate for
5 years 11 months (Jan 2020 - Present)
Previous Experience
President of Service Businesses at Allstate
Other Allstate CEOs
Holdings
Track Don Civgin's stock holdings and portfolio value over time.
Total Stock Sold
$80.32M
$80.32M
1,030,546 ALL shares
What if they kept their stock?
If Don Civgin didn't sell their stock, today they would have:
Extra ALL1,030,546 shares worth $212.67M.
This is 164.8% and $132.36M more than what they got when they sold the stock.
Insider Trading
Don Civgin's recent stock transactions, purchases, and sales filed with the SEC.
31,928 shares
ALL
Feb 7, 2022
Received
31,034 shares
ALL
Feb 22, 2021
Received
$10.74M
ALL at $107.41/share
Feb 5, 2021
Sale
35,840 shares
ALL
Feb 9, 2020
Received
$27.26M
ALL at $104.31/share
Aug 2, 2019
Sale
37,318 shares
ALL
Feb 11, 2019
Received
13,948 shares
ALL
Feb 18, 2018
Received
17,527 shares
ALL
Feb 18, 2017
Received
$14.35M
ALL at $66.92/share
May 6, 2016
Sale
35,627 shares
ALL
Feb 11, 2016
Received
Rivals
Compare Don Civgin with competitor CEOs and industry peers.
Joseph M. Zubretsky
CEO of The Hanover Insurance Group
2023 Compensation
Stock
$1.15M
Salary
$1.10M
Bonus
$2.04M
Other
$87.75K
Total Holdings
$556.20M
Evan G. Greenberg
CEO of Chubb
2023 Compensation
Stock
$18.41M
Salary
$1.55M
Bonus
$9.00M
Other
$1.46M
Total Holdings
$327.07M
Christopher J. Swift
CEO of The Hartford Financial Services Group
2023 Compensation
Stock
$0.00
Salary
$1.20M
Bonus
$3.86M
Other
$312.77K
Total Holdings
$49.40M
Alan D. Schnitzer
CEO of The Travelers Companies
2023 Compensation
Stock
$22.60M
Salary
$1.45M
Bonus
$6.00M
Other
$327.79K
Total Holdings
$20.41K
Susan Patricia (Tricia) Griffith
CEO of Progressive
2024 Compensation
Stock
$43.11M
Salary
$1.04M
Bonus
$4.65M
Other
$186.33K
Total Holdings
$4.19M
Steven R. Johnston
CEO of Cincinnati Financial
2023 Compensation
Stock
$0.00
Salary
$1.20M
Bonus
$0.00
Other
$233.32K
Total Holdings
$26.91M