Edward M. Liddy will step down at year's end as chief executive officer of Allstate Corp., to be succeeded by Thomas J. Wilson, who is currently the company's president and chief operating officer.
Mr. Liddy--who has led the fight to establish a national catastrophe fund to back up state disaster facilities via ProtectingAmerica.org--will remain as chairman of the Northbrook, Ill.-based carrier until he retires in the spring of 2008, the company added. He has been chairman and CEO since January 1999.
Mr. Wilson, 48, who joined the company in 1995, will retain the role and title of president. The role of chief operating officer will not be filled, Allstate said.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
