ALL 8-K
Allstate Corp (ALL)
8-K
2026-07-14
For: 2026-07-14
View Original
Added on
July 14, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): July 14, 2026
THE ALLSTATE CORP ORATION
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (847 ) 402-2800
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbols | Name of each exchange on which registered | ||||||
| Common Stock, par value $0.01 per share | ALL | New York Stock Exchange NYSE Texas | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | |||||||||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 5 - Corporate Governance and Management
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The Allstate Corporation today announced that effective August 3, 2026, Christian M. Lown will join Allstate as Executive Vice President and Chief Financial Officer of The Allstate Corporation and Allstate Insurance Company.
Prior to joining Allstate, Mr. Lown, age 56, served as the chief financial officer of CoStar Group, Inc. from July 2024 to July 2026 and executive vice president and chief financial officer of the Federal Home Loan Mortgage Corporation (Freddie Mac) from June 2020 to June 2024. Mr. Lown holds a BA from the University of Lynchburg and an MBA from the University of Virginia.
Effective August 3, 2026, Mr. Lown will receive an annual base salary of $875,000. In addition, Mr. Lown will be eligible for discretionary cash incentive awards, with an annual target opportunity of 200% of salary and an equity incentive opportunity of 375% of salary delivered 60% in performance stock awards, 20% in restricted stock units (“RSUs”) and 20% in stock options. Mr. Lown’s 2026 cash incentive and equity opportunity will be pro-rated based on his hire date. Mr. Lown will receive a one-time cash sign-on bonus of $2,000,000 within 60 days of his start date and be eligible for a sign-on equity grant of $4,100,000 in RSUs, with ratable 3-year vesting, on the third business day of the month following his start date.
Section 7 - Regulation FD
Item 7.01. Regulation FD Disclosure
On July 14, 2026, the Registrant issued a press release announcing the appointment of Christian M. Lown as its Executive Vice President and Chief Financial Officer. A copy of the press release is attached as Exhibit 99.1 to this report. This exhibit is furnished and not filed, pursuant to Instruction B.2 of Form 8-K.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| Exhibit No. | Description | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (formatted as inline XBRL). | |||||||
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
THE ALLSTATE CORPORATION (Registrant) | ||||||||
| By: | /s/Julie Cho | |||||||
| Name: | Julie Cho | |||||||
| Title: | Vice President, Deputy General Counsel and Corporate Secretary | |||||||
Date: July 14, 2026 | ||||||||
3
Exhibit 99.1
FOR IMMEDIATE RELEASE
Contacts:
Nick Nottoli Media Relations | Allister Gobin Investor Relations | ||||
Allstate names Christian Lown Chief Financial Officer
NORTHBROOK, Ill., July 14, 2026 – The Allstate Corporation (NYSE: ALL) today announced Christian (Chris) Lown as Executive Vice President and Chief Financial Officer, effective Aug. 3. Lown will report to Tom Wilson, Chair, President and CEO of The Allstate Corporation.
“Chris’s leadership and capital markets expertise will enable us to continue increasing Property-Liability market share and expand protection provided to customers,” said Tom Wilson, who leads Allstate.
“Allstate’s purpose, strategy and execution have led it to be ranked among the world’s best-managed companies,” said Lown. “I am thrilled to be joining this team.”
With more than 25 years of senior leadership experience in finance and capital markets, Lown has led organizations through growth, transformation and complex market environments. He joins Allstate from CoStar Group, where he served as Chief Financial Officer and led finance, investor relations, business development and facilities. He previously served as Chief Financial Officer at Freddie Mac and Navient Corporation, following senior finance roles at Morgan Stanley and UBS.
Lown earned an MBA from the University of Virginia Darden School of Business and a bachelor’s degree in international relations from the University of Lynchburg.
Lown succeeds Jess Merten, who was named President of Property-Liability in October 2025 after serving as Allstate's Chief Financial Officer. John Dugenske, President, Investments and Corporate Strategy, has served as interim Chief Financial Officer and will continue in that role until Lown joins Allstate.
# # #
About Allstate
The Allstate Corporation (NYSE: ALL) protects people from life’s uncertainties with affordable, simple and connected protection for autos, homes, electronic devices and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate has more than 212 million policies in force and is widely known for the slogan “You’re in Good Hands with Allstate.” For more information, visit www.allstate.com.
The Allstate Corporation (NYSE: ALL) protects people from life’s uncertainties with affordable, simple and connected protection for autos, homes, electronic devices and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate has more than 212 million policies in force and is widely known for the slogan “You’re in Good Hands with Allstate.” For more information, visit www.allstate.com.