Skip to main content

Market Overview

Allstate Elects Rich Hume to Board of Directors

Share:

The Allstate Corporation (NYSE:ALL) announced that Rich Hume, 60, Chief Executive Officer of Tech Data Corporation (NASDAQ:TECD), has been elected to Allstate's board of directors effective June 12. As of that date, the Allstate board will stand at 11 directors.

"Rich is an accomplished leader with an extensive technology background who will help build on the strategic capabilities of Allstate's board and support our Transformative Growth Plan," said Tom Wilson, Chair, President and CEO. "He brings a passion for innovation and a deep knowledge of global business services that will be invaluable as Allstate grows by connecting consumers."

"It's an honor for me to be joining Allstate's highly respected team of directors," said Hume. "I look forward to helping to further shape the future growth of this iconic brand."

Hume has served as CEO of Tech Data Corporation since 2018. He joined the Clearwater, Florida-based company in 2016 as chief operating officer. Prior to joining Tech Data, a provider of next-generation technologies to global clients, Hume spent 30 years at IBM, where he served most recently as general manager and COO of global technologies services, leading operations for IBM's $32 billion infrastructure and outsourcing services business.

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com