Allstate CMO LaNeve Resigns
Mark LaNeve, Allstate Corp. senior executive vice president, agency operations and chief marketing officer, resigned for personal reasons, the company announced
late Monday afternoon.
"I regret having to leave Allstate since our strategy and hard work are beginning to pay off," said LaNeve, the former General Motors Corp. sales executive who joined the Northbrook, Ill.-based home and auto insurer in 2009. "Allstate is a great company with an awesome brand, a winning strategy and strong leadership. Tom Wilson has set a bold course by focusing on differentiating products for unique customer segments. I will be cheering as they continue to build on a fabulous franchise."
LaNeve's resignation coincided with an announcement by the company that Matt Winter is named president, Allstate Auto, Home and Agencies, Don Civgin becomes president, Allstate Financial, and Steve Shebik is promoted to chief financial officer.
"Mark and Matt have made tremendous progress together over the last five months, working as a team to establish the priorities for the Allstate Auto, Home and Agencies organization," said Allstate Chairman, President and Chief Executive Officer Thomas J. Wilson in a statement. "We accept Mark's decision and are confident in the abilities of our strong leadership team to generate results that will have Allstate win in the marketplace."
Lisa Cochrane, a senior vice president of marketing, will report to Wilson until LaNeve's position can be filled, according to a memo obtained by the Chicago Tribune.
In his new role, Winter
will lead Allstate's personal lines businesses that provide auto and home insurance through Allstate agencies. Winter was previously senior executive vice president, Insurance Operations, and
president and chief executive officer, Allstate Financial.
Civgin assumes the leadership responsibilities for Allstate Financial. Civgin has been chief financial officer since 2009 and has significantly expanded risk management capabilities, proactively managed the company's capital and led the acquisition of Esurance and Answer Financial. Civgin will continue to oversee the Esurance and Answer Financial management teams.
With Civgin's change in roles, Shebik is being promoted to chief financial officer. Shebik will continue efforts to expand risk management functions and effectively manage the company's capital. He has held senior finance roles in property and casualty, Allstate Financial, investments and treasury areas over the last 16 years.