Trump Can't Take Office Soon Enough
One thing I'm hoping for is that the national mood will stop tolerating the ostentatious display of luxury beliefs. As of 2023,NEW: Allstate CEO Tom Wilson says Americans need to overcome their "addiction of divisiveness" and "accept people's differences" following the terror attack in New Orleans.
— Collin Rugg (@CollinRugg) January 2, 2025
If only Shamsud Din Jabbar had heard this message two days ago!
The comment was made at the start of the… pic.twitter.com/WDPWZhPrru
Allstate CEO Tom Wilson collected $15 million in total compensation in 2022, down from $19.1 million in 2021.
Citing the company’s proxy statement filed with the SEC, Crain’s Chicago Business reported that the decrease in compensation was largely due to the annual cash bonus paid for a single year’s operating performance, which came in at 58% of Wilson's target bonus.
Since that target is three times his salary, which sat at nearly $1.4 million last year, the bonus amounted to $2.4 million.
Additionally, Wilson’s stock and options awards were at $11.2 million, increasing 6% from $10.6 million in 2021 and remaining at the board’s target level of 775% of salary.
So heck, we can be pretty sure he's got a bunch of expensive cars, a private jet, a vacation home in Aspen or Hawaii or wherever -- that's just routine, why flaunt those? Insead, flaunt your expensive beliefs!
Fans tuning into the Sugar Bowl were incensed by a statement made by Tom Wilson, the chairman, president and CEO of The Allstate Corporation, where he talked about Wednesday's terrorist attack moments before kickoff.
. . . 'Welcome to the Allstate Sugar Bowl,' Wilson's speech began. 'Wednesday, tragedy struck the New Orleans community. Our prayers are with the victims and their families.'
'We also need to be stronger together by overcoming an addiction to divisiveness and negativity. Join Allstate working in local communities all across America to amplify the positive, increase trust, and accept peoples imperfections and differences. Together we win.'
The reaction to that message was not well received in any medium, including on social media.
According to Zero Hedge:
Some questioned who exactly the comments were supposed to be aimed at given that the only ‘divisiveness’ and ‘negativity’ on display was that which motivated Jabbar to carry out his heinous attack.
. . . Allstate previously triumphed their advocacy for DEI policies in a year end report, boasting about how the company employed a declining number of white men.
I did some other searchi9ng on Tom Wilson, especially to see if anyone noticed his toupee. Yup. In 2020:
Tom Wilson wouldn't know a roof rating if it slapped his toupee off his head.
(A roof rating classifies roof construction for fire resistance, an insurance-related concept.) Or this:
Tom Wilson is old & very outdated. His thought process & ideas are antiques! Its not just TW it’s all the Sr leaders, VPs, directors. . . . Tom Wilson is an over paid, bad toupee having dinosaur!! Time for a change with new younger fresh minds!!!
The feeling seems to have been for some time that Wison is out of touch, and in areas outside his utterly conventional views on diversity. In any case, Allstate apparently felt the need to clarify, not a good sign:
To be clear, Allstate CEO Tom Wilson unequivocally condemns this heinous act of terrorism and violence in all forms. We stand with the families of the victims, their loved ones and the community of New Orleans. The reference to overcoming divisiveness and negativity reflects a broader commitment to fostering trust and positivity in communities across the nation.
It sounds, at least for now, as though his poaition at Allstate is secure -- but nobody at that level wants controversy. Allstate shouldn't have had to issue a non-clarifying clarification. This is starting to look like a corporate crisis approaching Bud Light's partnership with Dylan Mulvaney.We'll have to see how Allstate manages it, if it does at all. The problem is that Allstate is already unpopular, and Wilson isn't an attractive figure.