10 Things You Didn’t Know about Allstate CEO Thomas Wilson
If you watch any television at all, you have undoubtedly seen the countless Allstate commercials that run at virtually all the times of the day. In reality, some of the commercials for this particular insurance company are routinely rated to be among the better ones in existence. People seem to be especially fond of the Mayhem commercials, although they haven’t been running lately. You might even have Allstate as your own insurance company. Whether or not you’re familiar with the company, you might want to know a thing or two about Thomas J Wilson, the company’s Chief Executive Officer. Below are 10 of the most intriguing things about this particular individual.
1. You might say he pulls double duty at Allstate
As a matter of fact, he serves not only as the Chief Executive Officer, but also as the President of the company. While this isn’t entirely unheard of, it is interesting to note that he still serves on the company’s Board of Directors, effectively giving him not one, but three different positions with the same corporation.
2. He is a University of Michigan graduate
After he graduated from high school in 1975, he attended the university and received a Bachelor of Science degree in Business Administration. This effectively set him on the path for his future business endeavors. As a matter of fact, he’s never been one to drag his feet, so to speak. Instead, he’s always been excited about the world of business and wanted to get out there and get involved as quickly as possible. Therefore, he’s put himself out there when it comes to taking calculated risks when others might refrain, which is probably largely responsible for his current success.
3. He also has an MBA
By 1980, he had graduated from Northwestern University with an MBA in Business, something that’s almost unheard of. It took him only five years to go from high school graduate to receiving his Master’s degree, something that many people never achieve throughout their entire lives.
4. He has plenty of business experience
He didn’t start out working for Allstate. As a matter of fact, one of his first positions was with Amoco and later with Dean Witter. It wasn’t until later that he landed a position at Allstate, and then started moving up the ladder to his current position.
5. He’s used to holding high-profile titles
Before he became the CEO of Allstate, he was the company’s Chief Financial Officer. As a matter of fact, he’s worked in some form of finance or management his entire adult life, so moving up to CEO was something of a natural progression for him.
6. He’s a big supporter of business
There are plenty of people that serve on local Chambers of Commerce, but not many people serve on the US Chamber of Commerce. Wilson does exactly that, and has for some time.
7. He loves the city of Chicago
He’s not just based in the windy city, he really loves it. As a matter of fact, he works with several local organizations to support individuals that grow up in the city in various ways, all in hopes of providing young people with more opportunities for a better life.
8. He supports education
When it comes to philanthropy, he’s not the least bit shy about putting his money where he thinks it will count the most. As such, he routinely donates money to various organizations that are designed to create more sustainable education systems for young people.
9. It’s not always about business
He also serves on the Board of Directors for Rush University Medical Center. Granted, it does come down to making certain business decisions, but his reason for being on the board is to ensure that the people who are treated at this medical center get the best care they possibly can. For him, it’s really about protecting the rights of individuals to have access to good healthcare, even when they’re struggling financially.
10. He believes the best way to create a stable economy is to focus on young people
He routinely contributes, through either monetary donations or by serving in an active position, to organizations that focus on youth. Not only does he want to ensure that everyone has a fair shot at success, he also believes that this is the best way to ensure that the United States economy remains strong well into the future.
