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	Podcast:		Wintrust Business Lunch
	Episode:		Wintrust Business Minute: Allstate CEO gets big bonus despite difficult year
	Category:		Business
	Duration:		00:00:00
	Publish Date:		2023-04-11 18:07:18
	Description:		Steve Grzanich has the business news of the day with the Wintrust Business Minute. Allstate’s CEO got a big bonus despite it being one of the worst years in memory for the Northbrook-based insurance company. Crain’s reports Tom Wilson collected more than $15 million in total compensation in 2022. His bonus was $2.4 million, and he earned more than $11 million in stock and options. The overall compensation was about 21% less than 2021. For the year, Allstate posted a net loss of $1.4 billion and ever since Wilson took over as CEO, Allstate has steadily lost auto market share. Book value per share, which measures an insurance company’s value, dropped 29%. Also, you’ll soon be able to buy Greek inspired meals-to-go and wines from Avli Restaurant Group at Dom’s Kitchen and Market. Listen for more below:
	Total Play:		0