Allstate said its board on May 13, 2024 appointed Eric K. Ferren as Senior Vice President, Controller and Chief Accounting Officer, effective May 20, 2024.

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   Allstate said its board on May 13, 2024 appointed Eric K. Ferren as Senior Vice President, Controller and Chief Accounting Officer, effective May 20, 2024.

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   The company said Ferren will succeed John C. Pintozzi as controller and principal accounting officer, and Pintozzi will take on the role of Senior Vice President, Accounting Special Projects starting May 20, 2024.

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   Ferren, age 51, is rejoining the company after serving as chief financial officer of Revantage, a real estate services provider, the company said. He previously served as Senior Vice President, Controller, and Chief Accounting Officer of Allstate from May 2017 to September 2019.

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   Allstate said Ferren will receive an annual base salary of $445,000, with a discretionary cash incentive target of 50% of salary and a 2024 target equity incentive opportunity of 90% of salary. It also said Ferren will receive a sign-on equity award of RSUs with a grant date fair value of $625,000, vesting 100% on the 3rd anniversary of the grant date.

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