Allstate Names Sanjay Gupta Chief Marketing Officer

Allstate Reveals April Catastrophe Loss Estimate Of $216 Mln.

Allstate Q1 13 Earnings Conference Call At 9:00 AM ET

Allstate Q1 Profit Down - Quick Facts

Allstate Provides March Catastrophe Loss Estimate - Quick Facts

Trade ALL now with

8/22/2012 2:23 PM ET

Insurer Allstate Corp. (ALL: Quote) said Wednesday that Sanjay Gupta will join its senior leadership team as executive vice president and chief marketing officer.

Gupta will be responsible for Allstate's marketing and consumer-focused initiatives to implement the strategy of offering unique products to different customer segments.

Gupta will join Allstate, effective September 1, and will report to Thomas Wilson,the company's chairman, president and chief executive officer.

Gupta joins Allstate from Ally Financial, where he served as chief marketing officer.

Before Ally,he spent seven years at Bank of America in a variety of marketing roles.

Allstate Corp. shares are currently trading at $38.40, up 15 cents or 0.39%, on the Nasdaq

Click here to receive FREE breaking news email alerts for Allstate Corp and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

More Breaking News

<<Previous 70 Articles

Editors Pick

Adobe Profit Tops Estimate

Publishing and design software maker Adobe Systems Inc. said Tuesday after the markets closed that its second quarter profit fell 66% from last year, hurt by lower revenue as well as higher costs and expenses. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations and its quarterly revenue was in line with analysts' forecast.

Stocks Show Strong Upward Move Ahead Of Fed Announcement - U.S. Commentary

Stocks showed a strong upward move over the course of the trading day on Tuesday, adding to the gains posted in the previous session. The rally came even as traders expressed some uncertainty ahead of tomorrow's Federal Reserve announcement. The major averages gave back some ground going into the close but remained firmly in positive territory.

Boehner Indicates Immigration Bill Must Have Majority GOP Support

In a potential roadblock to comprehensive immigration reform legislation, House Speaker John Boehner, R-Ohio, indicated Tuesday that he would not bring a bill to the floor unless it is supported by a majority of House Republicans.