Allstate Elects Herbert L. Henkel to Board
NORTHBROOK, Ill., Feb. 18, 2013
NORTHBROOK, Ill., Feb. 18, 2013 /PRNewswire/ -- The Allstate Corporation
(NYSE: ALL) announced that Herbert L. Henkel, 64, retired chairman of
Ingersoll-Rand Company, has been elected to its board of directors, effective
March 1, 2013. Henkel will stand for election with all other board members at
Allstate's shareholder meeting in May.
"We are thrilled to have Herb join the board, as his experience in leading a
complex global company and in corporate governance will enable us to continue
providing the expertise and oversight necessary to create shareholder value,"
said Thomas J. Wilson, chairman, president and chief executive officer. "He
will further expand our board's strong capabilities in strategic oversight,
corporate governance and shareholder advocacy."
"Allstate is a highly regarded company with its strategy to serve distinct
consumer segments," Henkel said. "I look forward to contributing to Allstate's
Henkel was Ingersoll-Rand's chief executive officer from 1999 until his
retirement in February 2010, and served as the company's chairman from 2000
until June 2010. He joined Ingersoll-Rand, a manufacturer of commercial and
industrial products, as president and chief operating officer in 1999. Earlier
in his career, Henkel held senior leadership roles at Textron, Inc., Southern
Fastening Systems and Unifast Industries. Henkel currently serves on the
boards of 3M Company and C.R. Bard, Inc.
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held
personal lines insurer, serving approximately 16 million households through
its Allstate, Encompass, Esurance and Answer Financial brand names and
Allstate Financial business segment. Allstate branded insurance products
(auto, home, life and retirement) and services are offered through Allstate
agencies, independent agencies, and Allstate exclusive financial
representatives, as well as via www.allstate.com, www.allstate.com/financial
and 1-800 Allstate^®, and are widely known through the slogan "You're In Good
Hands With Allstate^®."
SOURCE The Allstate Corporation
Contact: Maryellen Thielen, +1-847-402-5600
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