Allstate Elects Maria Morris to Board of Directors

Rhea-AI Summary

The Allstate Corporation (NYSE: ALL) has elected Maria Morris, former Executive Vice President of MetLife (NYSE: MET), to its board of directors. Morris brings extensive insurance experience and strategic leadership, which is expected to support Allstate's plans to improve profitability and increase market share. With over 33 years of senior leadership experience, her addition to the board is seen as a valuable asset to Allstate's future growth and success.

Positive

• Maria Morris brings over three decades of senior leadership experience in the insurance industry, providing valuable expertise to Allstate's board of directors.
• Her successful strategic, operational, and technology leadership is expected to aid in overseeing the strategy to increase market share and broaden protection provided to customers.

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• None.

NORTHBROOK, Ill.--(BUSINESS WIRE)-- The Allstate Corporation (NYSE: ALL) announced that Maria Morris, 61, former Executive Vice President, Global Employee Benefits, MetLife (NYSE: MET), has been elected to Allstate’s board of directors, effective January 2, 2024.

“Maria’s broad insurance experience at MetLife, from employee benefits to personal property liability, will provide support in executing our plans to improve profitability. In addition, her successful strategic, operational and technology leadership will provide expertise in overseeing the strategy to increase market share and broaden protection provided to customers,” said Tom Wilson, Allstate Chair, President and CEO. “Maria’s board experience in financial services and risk management adds yet another dimension to an exceptional board,” added Allstate Lead Director Gregg Sherrill.

“Allstate is a highly trusted brand in a critical industry and a company known for forward-thinking leaders and an experienced board,” said Morris. “I am excited to build on Allstate’s history of success.”

Morris served on MetLife’s Executive Group for almost a decade and held numerous senior leadership positions in her 33-year career, culminating with leadership of the Global Employee Benefits business. Morris serves on the Boards of Wells Fargo & Co., S&P Global and Resolution Life. She is the National Board chair of All Stars Project, and on the boards of Catholic Charities of New York and Helen Keller International.

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/20231121270450/en/

Al Scott

(847) 402-5600

Source: The Allstate Corporation

FAQ

Who has been elected to Allstate's board of directors?

Maria Morris, former Executive Vice President of MetLife (NYSE: MET).

When will Maria Morris be joining Allstate's board of directors?

Maria Morris will be joining Allstate's board of directors effective January 2, 2024.

What is Maria Morris's background in the insurance industry?

Maria Morris has extensive insurance experience, having served on MetLife's Executive Group for almost a decade and held numerous senior leadership positions in her 33-year career, culminating with leadership of the Global Employee Benefits business.

What is the significance of Maria Morris's election to Allstate's board of directors?

Maria Morris's election is expected to bring valuable expertise to support Allstate's plans to improve profitability and increase market share.

What other boards has Maria Morris served on?

Maria Morris serves on the Boards of Wells Fargo & Co., S&P Global, and Resolution Life. She is also the National Board chair of All Stars Project and serves on the boards of Catholic Charities of New York and Helen Keller International.