Allstate names Mario Rizzo COO and Dugenske interim CFO, effective October 1, 2025
Allstate announced senior leadership changes effective October 1, 2025, including Mario Rizzo as Chief Operating Officer and John Dugenske as interim Chief Financial Officer while an external search is underway. Jesse Merten, the current CFO, moves to President, Property-Liability, succeeding Rizzo. The CFO change is the most significant for shareholders because the permanent successor has not yet been named.
Key points
- Mario Rizzo becomes Chief Operating Officer, overseeing Property-Liability and Protection Services, with an annual base salary of $950,000
- Jesse Merten, currently Chief Financial Officer, becomes President, Property-Liability, with an annual base salary of $900,000
- John Dugenske serves as interim Chief Financial Officer while an external search is underway, alongside his role as President, Investments and Corporate Strategy
- Equity grants are scheduled for October 3, 2025: $60,000 for Rizzo, $57,000 for Merten and $1,000,000 for Dugenske
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 01, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.