Allstate names Eric K. Ferren chief accounting officer, effective May 20, 2024
Allstate appointed Eric K. Ferren as Senior Vice President, Controller and Chief Accounting Officer, succeeding John C. Pintozzi, who moves to a special projects role. The change affects who signs the company's accounting, and the filing sets out Ferren's base salary and equity terms, which is a routine executive transition for shareholders.
- Ferren takes over as controller and principal accounting officer effective May 20, 2024, succeeding John C. Pintozzi
- Ferren's annual base salary is $445,000, with a 50% target for discretionary cash incentives
- Ferren receives a sign-on equity award with a grant date fair value of $625,000 in RSUs, vesting 100% on the third anniversary of grant, to offset equity forfeited from his April 2024 departure