Allstate Elects Monica Turner to Board of Directors

Rhea-AI Summary

The Allstate Corporation (NYSE: ALL) has elected Monica Turner, President of North America at Procter & Gamble (NYSE: PG), to its board of directors, effective February 1. This appointment increases Allstate's board to 12 directors. Turner brings extensive experience in consumer-focused branding and operational leadership, which is expected to enhance Allstate's strategic direction. Tom Wilson, Allstate's Chair and CEO, emphasized Turner's role in adding valuable insights as Allstate aims to innovate its product offerings.

Positive

• Monica Turner's appointment brings strategic expertise in consumer-focused branding.
• Her leadership at Procter & Gamble indicates strong operational capabilities.

Negative

• None.

NORTHBROOK, Ill.--(BUSINESS WIRE)-- The Allstate Corporation (NYSE: ALL) announced that Monica Turner, 57, President, North America, at Procter & Gamble (NYSE: PG), has been elected to Allstate’s board of directors, effective Feb. 1. As of that date, Allstate’s board will have 12 directors.

“Monica’s extensive strategic expertise with consumer-focused brands and outstanding operational leadership capabilities will enhance the value added by our board,” said Tom Wilson, Allstate Chair, President and CEO. “She will add invaluable perspective as we build the future of protection with a wide range of products that are simple, affordable and connected.”

“Allstate is one of America’s iconic and trusted brands, with forward-thinking leaders and a terrific board,” said Turner. “I look forward to being part of the success of building on Allstate’s legacy of operational excellence and innovation.”

Procter & Gamble is one of the world’s largest consumer goods companies with one of the strongest portfolios of trusted, quality, leadership brands. As President of North America, Turner is responsible for P&G’s largest and most profitable region, serving 370 million customers in the U.S., Canada and Puerto Rico. She is also a member of P&G’s Global Leadership Council. She joined the Cincinnati-based company in 1987, and has served in a wide range of roles with increasing responsibility across nearly all of P&G’s business units.

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/20230201005233/en/

Al Scott

(847) 402-5600

Source: The Allstate Corporation

FAQ

What is the significance of Monica Turner's election to Allstate's board?

Monica Turner's election is significant as it brings her extensive experience in consumer branding and operational leadership to Allstate, which could enhance the company's strategic direction.

When will Monica Turner officially join Allstate's board of directors?

Monica Turner will officially join Allstate's board of directors on February 1.

How many directors will Allstate have after Monica Turner joins?

After Monica Turner joins, Allstate will have a total of 12 directors.

What role does Monica Turner currently hold at Procter & Gamble?

Monica Turner is currently the President of North America at Procter & Gamble, responsible for the company's largest and most profitable region.

What impact might Monica Turner's experience have on Allstate's future?

Monica Turner's experience is expected to contribute to Allstate's innovation and operational excellence, potentially leading to enhanced product offerings.