Suren  Gupta net worth and biography

Suren Gupta Biography and Net Worth

EVP of Allstate

Suren Gupta is Executive Vice President, Allstate Technology, Services & Ventures for Allstate Insurance Company. Gupta joined Allstate in 2011 and leads a global organization that includes technology, corporate venture capital, sourcing and procurement and administrative services.

In his role leading the global technology organization, Gupta is responsible for bringing the technological vision and capabilities needed to drive the company's Transformative Growth Plan, which leverages the Allstate brand, people and technology to accelerate growth in its personal property-liability business. Strategic Ventures is Allstate's corporate venture capital group, initiating investments and partnerships with innovative startups and emerging growth companies. The Sourcing and Procurement Solutions and Administration & Real Estate groups ensure that the company is leveraging its buying power and fostering great work environments.

Under Gupta's leadership, the technology organization has won numerous awards, including the United Kingdom's highest honor for business success, the Queen's Award for Enterprise; the Forbes CIO Innovation Award; and the InformationWeek Decade award, which named Allstate one of the top 10 business technology innovators of the past decade in the U.S.

Gupta is a graduate of the Advanced Management Program at Harvard Business School. He also received an MBA from George Mason University and a master's degree in computer engineering from West Virginia University. In 2019 he received an honorary degree of Doctor of Science from Ulster University in Northern Ireland for services to the economy of Northern Ireland, where Allstate is a major employer

In 2015, Gupta was named to the board of directors of Zions Bancorporation. He also serves on the Chicago Public Library Foundation Board and on the board of Pratham U.S.A., the American chapter for Pratham, which provides pre-school education to underprivileged children in India. It now is the country's largest nongovernmental organization, providing education to millions of children who might otherwise work instead of attending school.

What is Suren Gupta's net worth?

The estimated net worth of Suren Gupta is at least $23.34 million as of May 10th, 2021. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $23,339,552 as of April 23rd. This net worth estimate does not reflect any other assets that Mr. Gupta may own. Additionally, Mr. Gupta receives an annual salary of $1,130,000.00 as EVP at Allstate. Learn More about Suren Gupta's net worth.

How old is Suren Gupta?

Mr. Gupta is currently 63 years old. There are 5 older executives and no younger executives at Allstate. The oldest executive at Allstate is Mr. Thomas Joseph Wilson II, Chairman of the Board, President & CEO, who is 66 years old. Learn More on Suren Gupta's age.

What is Suren Gupta's salary?

As the EVP of The Allstate Co., Mr. Gupta earns $1,130,000.00 per year. There are 2 executives that earn more than Mr. Gupta. The highest earning executive at Allstate is Mr. Thomas Joseph Wilson II, Chairman of the Board, President & CEO, who commands a salary of $3,620,000.00 per year. Learn More on Suren Gupta's salary.

How do I contact Suren Gupta?

The corporate mailing address for Mr. Gupta and other Allstate executives is 2775 SANDERS ROAD, NORTHBROOK IL, 60062. Allstate can also be reached via phone at (847) 402-5000 and via email at [email protected]. Learn More on Suren Gupta's contact information.

Has Suren Gupta been buying or selling shares of Allstate?

Suren Gupta has not been actively trading shares of Allstate in the last ninety days. Most recently, Suren Gupta sold 62,657 shares of the business's stock in a transaction on Monday, May 10th. The shares were sold at an average price of $135.23, for a transaction totalling $8,473,106.11. Following the completion of the sale, the executive vice president now directly owns 132,183 shares of the company's stock, valued at $17,875,107.09. Learn More on Suren Gupta's trading history.

Who are Allstate's active insiders?

Allstate's insider roster includes John Dugenske (Insider), Suren Gupta (EVP), Harriet Harty (EVP), Susan Lees (EVP), Jesse Merten (Insider), Samuel Pilch (VP), John Pintozzi (CAO), Mark Prindiville (EVP), Mario Rizzo (CFO), Steven Shebik (Vice Chairman), Judith Sprieser (Director), Thomas Wilson (CEO), and Matthew Winter (President). Learn More on Allstate's active insiders.

Are insiders buying or selling shares of Allstate?

During the last year, insiders at the insurance provider sold shares 5 times. They sold a total of 51,516 shares worth more than $8,110,393.23. The most recent insider tranaction occured on March, 26th when insider John E Dugenske sold 31,000 shares worth more than $5,276,200.00. Insiders at Allstate own 1.8% of the company. Learn More about insider trades at Allstate.

Information on this page was last updated on 3/26/2024.

Suren Gupta Insider Trading History at Allstate

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/10/2021Sell62,657$135.23$8,473,106.11132,183View SEC Filing Icon  
11/10/2017Sell103,242$98.68$10,187,920.56View SEC Filing Icon  
12/13/2016Sell46,297$72.69$3,365,328.93View SEC Filing Icon  
2/17/2016Sell14,500$65.00$942,500.00View SEC Filing Icon  
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Suren Gupta Buying and Selling Activity at Allstate

This chart shows Suren Gupta's buying and selling at Allstate by year and by quarter.

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Allstate Company Overview

Allstate logo
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products through agents, contact centers, and online. The Protection Services segment provides consumer product protection; protection and insurance products, including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel, and paintless dent repair protection; and roadside assistance, device and mobile data collection services, and analytic solutions using automotive telematics information, as well as identity theft protection and remediation services. This segment also offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance coverage that primarily relates to policies written during the 1960s through the mid-1980s. The Corporate and Other segment provides debt services, as well as non-insurance operations. It sells its products through agents, independent agents, call and contact centers, retailers, direct to consumer, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.
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Today's Range

Now: $176.57
Low: $174.67
High: $176.76

50 Day Range

MA: $164.17
Low: $155.14
High: $175.41

2 Week Range

Now: $176.57
Low: $100.57
High: $176.76

Volume

422,013 shs

Average Volume

1,677,976 shs

Market Capitalization

$46.45 billion

P/E Ratio

N/A

Dividend Yield

2.13%

Beta

0.52