Allstate Announces Bob Toohey to Join as CHRO

Rhea-AI Summary

The Allstate Corporation (NYSE: ALL) announced Bob Toohey as the new Executive Vice President and Chief Human Resources Officer, effective March 28. With over 30 years of experience, including leadership roles in telecom and startups, Toohey aims to enhance Allstate's workforce diversity and support digital transformation. CEO Tom Wilson emphasized Toohey's collaborative leadership and data-driven approach as pivotal for Allstate's long-term growth. Toohey previously held key roles at AOL, Verizon, and has board experience with Atlantic Health and DocuSign.

Positive

• Bob Toohey's extensive experience in human resources and digital transformation can aid Allstate's growth.
• The appointment signifies a commitment to diversity and innovation in workforce development.

Negative

• None.

NORTHBROOK, Ill.--(BUSINESS WIRE)-- The Allstate Corporation (NYSE: ALL) today announced that Bob Toohey will join the company as Executive Vice President and Chief Human Resources Officer, effective March 28. Toohey will help ensure that Allstate attracts, retains and cultivates a diverse workforce.

Toohey brings more than 30 years of business and human resources experience, from leading large organizations through the telecom industry evolution to building startups. Most recently, Toohey was president at pymetrics, a company that uses ethical artificial intelligence to match people to jobs where they are most likely to succeed.

“We are excited to add Bob to Allstate’s leadership team,” said Tom Wilson, Chair, President and CEO of The Allstate Corporation. “He is a collaborative and data-driven leader with deep expertise in supporting businesses through digital transformation. His proven results in navigating complex corporate environments and driving business growth will help ensure Allstate’s long-term success as we transform our workforce, pursue our Transformative Growth initiative and build the digital insurer of the future.”

“It’s an honor to help guide such an iconic and trusted brand,” Toohey said. “Allstate has a tremendous history of innovation, and I’m excited to ensure that we are ready to meet the needs of our businesses, customers and employees as we chart the future of work.”

Toohey was Chief People Officer through the launch of the newly combined AOL/Yahoo business unit for Verizon, following his role as Chief People Officer at AOL. Before that, he was President of Verizon Digital Media Services and President of Verizon Business. Toohey has served as Chairman of the board of directors for Atlantic Health, and as a member of the board of advisers for DocuSign and Northeastern University’s College of Business Administration. He earned a bachelor’s degree in finance from Northeastern University.

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220324005896/en/

Al Scott

Corporate Relations

(847) 402-5600

Source: The Allstate Corporation

FAQ

Who is Bob Toohey and what is his role at Allstate?

Bob Toohey is the newly appointed Executive Vice President and Chief Human Resources Officer at Allstate, effective March 28.

What experience does Bob Toohey bring to Allstate?

Toohey has over 30 years of business and HR experience, having previously worked at AOL, Verizon, and led startups.

How does Allstate plan to enhance its workforce?

Allstate aims to attract and retain a diverse workforce under Toohey's leadership, focusing on digital transformation.

What is the significance of Toohey's appointment for Allstate's future?

Toohey's appointment is expected to support Allstate's Transformative Growth initiative and strengthen its position as a digital insurer.