Jesse E.  Merten net worth and biography

Jesse Merten Biography and Net Worth

Insider of Allstate
Jess Merten is Executive Vice President of Allstate Insurance Company, President of Financial Products and a member of Allstate's Operating Committee. Merten leads the go-to-market strategy and execution for the life and retirement business. He also oversees Allstate Benefits, a leading provider of voluntary benefits solutions.

Mostly recently, Merten was Allstate's Chief Risk Officer. In that role, he strengthened the company's risk organization and oversaw all corporate risk and return activities. Merten joined Allstate Financial as a Senior Vice President in 2012 and later became its Chief Financial Officer, helping reposition the business and improve its performance. In 2015, Merten was elected Senior Vice President and Treasurer of Allstate, responsible for liquidity management, capital sourcing and deployment, bank and rating agency relationships, strategy, and corporate financial planning and analysis. Before joining Allstate, Merten was a partner at PwC.

He received a bachelor's degree in finance and accounting from the University of Wisconsin-Oshkosh. He serves on the boards of the Joffrey Ballet and the Chicago Shakespeare Theater.

What is Jesse E. Merten's net worth?

The estimated net worth of Jesse E. Merten is at least $3.29 million as of February 22nd, 2023. Mr. Merten owns 16,668 shares of Allstate stock worth more than $3,288,430 as of November 21st. This net worth evaluation does not reflect any other investments that Mr. Merten may own. Additionally, Mr. Merten receives an annual salary of $1,270,000.00 as Insider at Allstate. Learn More about Jesse E. Merten's net worth.

How old is Jesse E. Merten?

Mr. Merten is currently 49 years old. There are 6 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 Jesse E. Merten's age.

What is Jesse E. Merten's salary?

As the Insider of The Allstate Co., Mr. Merten earns $1,270,000.00 per year. 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 Jesse E. Merten's salary.

How do I contact Jesse E. Merten?

The corporate mailing address for Mr. Merten 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 Jesse E. Merten's contact information.

Has Jesse E. Merten been buying or selling shares of Allstate?

Jesse E. Merten has not been actively trading shares of Allstate within the last three months. Most recently, Jesse E. Merten sold 29,451 shares of the business's stock in a transaction on Wednesday, February 22nd. The shares were sold at an average price of $134.18, for a transaction totalling $3,951,735.18. Following the completion of the sale, the chief financial officer now directly owns 16,668 shares of the company's stock, valued at $2,236,512.24. Learn More on Jesse E. Merten's trading history.

Who are Allstate's active insiders?

Allstate's insider roster includes Elizabeth Brady (EVP), 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), Robert Toohey (EVP), 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 8 times. They sold a total of 284,256 shares worth more than $50,479,830.62. The most recent insider tranaction occured on September, 20th when insider John E Dugenske sold 36,367 shares worth more than $6,959,916.46. Insiders at Allstate own 1.8% of the company. Learn More about insider trades at Allstate.

Information on this page was last updated on 9/20/2024.

Jesse E. Merten Insider Trading History at Allstate

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/22/2023Sell29,451$134.18$3,951,735.1816,668View SEC Filing Icon  
6/21/2021Sell15,000$127.84$1,917,600.0024,378View SEC Filing Icon  
8/6/2019Sell900$102.27$92,043.004,869View SEC Filing Icon  
11/7/2018Sell696$92.12$64,115.522,102View SEC Filing Icon  
See Full Table

Jesse E. Merten Buying and Selling Activity at Allstate

This chart shows Jesse E Merten'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: $197.29
Low: $196.14
High: $198.63

50 Day Range

MA: $190.76
Low: $181.18
High: $199.97

2 Week Range

Now: $197.29
Low: $134.17
High: $201.00

Volume

982,843 shs

Average Volume

1,496,588 shs

Market Capitalization

$52.24 billion

P/E Ratio

12.78

Dividend Yield

1.87%

Beta

0.48