Wikipedia

Talk:Thomas J. Wilson

Latest comment: 2 months ago by DdSlay in topic COI edit request
Learn more about this page

COI edit request edit

Latest comment: 2 months ago3 comments2 people in discussion
  • What I think should be changed (include citations):

Thomas J. Wilson II (born 1957) is an American business executive who serves as president, chief executive officer, (2007) and chairman (2008) of The Allstate Corporation[1] .

Allstate is a Fortune 50 U.S. property and casualty insurer[2] with $57 billion in annual revenue[3] and a $67 billion investment portfolio. The company insures more than one in 10 American families and has 193 million policies in force.

Wilson led Allstate through the global financial crisis, adaptation to climate change and post-pandemic inflation. In recent years, he has led strategic moves, including the purchase of National General[4] in 2020, the sale of Allstate’s life insurance and annuity businesses[5] in 2021 , the shift to most employees working remotely, and becoming a low-cost provider of consumer protection.

Wilson helped the U.S. Chamber of Commerce focus on defining a broader purpose, encouraged businesses to consider multiple stakeholders and urged legislators to address the impact of climate change and improve consumer data privacy.

Wilson’s is a public advocate for business playing a broad role in improving society by focusing on four objectives: serving customers, creating opportunity for employees, generating returns for investors and improving communities. These values are evident in his commentary in national media on such issues as financial regulation[6] , stakeholder capitalism[7] and the need to create higher-paying jobs[8] .

Wilson actively participates in leadership of both business and community organizations. He serves as chairman of the U.S. Chamber of Commerce Foundation[9] and is a past chairman of the U.S. Chamber of Commerce board of directors. He is involved with numerous civic organizations including P33[10] , an initiative focused on accelerating Chicago's leadership in the digital economy; OneTen[11] , a corporate initiative to upskill, hire and promote one million people into family-sustaining jobs; and he co-founded GetIN Chicago[12] to reduce youth violence. He is also a member of the Business Roundtable[13] , CEO Roundtable and the Aspen Economic Strategy Group[14] . He previously served as chair of the Financial Services Roundtable, Property-liability CEO Roundtable, deputy chair of the Federal Reserve Bank of Chicago[15] , and director of State Street Corporation[16] .


Early Life Wilson was born in 1957 and grew up in St. Clair Shores, Michigan, under the supportive parenting of Thomas J. Wilson (b. 1928, d. 2005) and Veronica M. Wilson (b. 1927, d. 2019). A student athlete and sporadic guitarist, he enjoyed a family-centered suburban childhood. A parental passion for travel provided windows on the wonders and diversity of the world.

He graduated from Lake Shore High School in 1975 and earned a bachelor’s degree in business administration from the University of Michigan in 1979. He earned an MBA from Northwestern University's Kellogg School of Management[17] in 1980.


Career Wilson started his career at Amoco Oil, where he held four roles from 1980 to 1986, including participating in the leadership of Amoco Australia before it was sold to BP. As a managing director at Dean Witter Reynolds, he focused on acquisitions and divestitures, including those of parent company Sears. In 1993 he was on the Sears leadership team that spun off what would become three financial services companies: Discover, Dean Witter and Allstate. He also had responsibilities for Prodigy, an early online platform, and Advantis, a telecommunications joint venture with IBM.

Wilson joined Allstate in January 1995 and was named chief financial officer when the company became fully independent from Sears[18] . Over the next decade, he led all the major operating units, became president and chief operating officer in 2005, chief executive officer in 2007, and board chair in 2008.

Allstate created Our Shared Purpose[19] in 2007 on its way to becoming a purpose-driven company powered by purpose-driven people. Execution has been guided by “strategic middleware” linking purpose to day-to-day activities. In 2019, Wilson launched Transformative Growth[20] , a multiyear strategy to increase market share in auto and home insurance while expanding protection offerings to customers, creating a low-cost digital insurance company with a largely remote workforce. To create a highly engaged workforce, Wilson helped develop the Energy for Life program[21] that has helped more than 40,000 employees and agents articulate and pursue their personal purpose. Allstate has also been a leader in addressing the impacts of climate change and severe weather for over 25 years through risk mitigation, disaster preparedness, and public/private partnerships.


Societal Engagement and Philanthropy Wilson is a longstanding advocate for business playing a broad role in improving society, believing that “the role of business is to create prosperity by serving customers, making a profit, creating jobs and improving communities.[22]” He works to bridge divides to make a positive difference in society because “we are stronger together than we are apart.”

In conjunction with the U.S. Chamber of Commerce senior leadership and board of directors, Wilson supported a successful leadership transition while serving as chair (2017-2019) by focusing on the Chamber’s purpose, developing talent, expanding bipartisan political relationships, increasing financial resources, and enhancing governance. He has also participated in the creation and execution of transformation for other industry associations and non-profits.

Wilson has increased the Allstate Foundation’s[23] annual giving by more than 500% to $42 million granted annually to thousands of organizations focused on building the next generation of leaders, disrupting the cycle of relationship abuse and advancing racial equity. Additionally, the Wilson-Garling Foundation[24] is focused on education and youth empowerment. Wilson also led the creation of a virtual photography exhibit, “Demanding Change, Bearing Witness[25],” in conjunction with DePaul University, that brings Langston Hughes’ 1935 poem “Let America Be America Again” to life using documentary photos in a video format.

Awards and Honors Wilson has recently been recognized with: • Forbes Future of Work Top 50 (2023)[26] • Red Cross Heritage Award recipient (2023)[27] • Mikva Challenge Award for Advancing Equity (2022)[28]

Under Wilson’s leadership, Allstate has: • Ranked among the 250 best-managed companies[29] by The Wall Street Journal / Drucker Institute for seven consecutive years • Achieved “Most Ethical Company”[30] designation by Ethisphere for 10 years • Ranked among Fortune’s Most Innovative companies[31], including a top 10 innovative company in the world in 2020 and 2021

Personal life Wilson is married with three children.


  • Why it should be changed:

The information in current article is incomplete. Additionally the birth year listed (1958) is incorrect. Mr. Wilson was born in 1957.

  • References supporting the possible change (format using the "cite" button):

citations included in text above.


DdSlay (talk) 16:19, 9 February 2024 (UTC)Reply

References

  1. ^ "Executive Leadership: Tom Wilson". Allstate Corporation. Retrieved 9 February 2024.
  2. ^ "Fortune 500 Rankings". Fortune. Retrieved 9 February 2024.
  3. ^ "Profit improvement actions and mild weather benefit results". Business Wire. Retrieved 9 February 2024.
  4. ^ "Allstate Closes Acquisition of National General Holdings Corp". Business Wire. Retrieved 9 February 2024.
  5. ^ "Allstate Completes Exit of Life and Annuity Businesses". Business Wire. Retrieved 9 February 2024.
  6. ^ "Regulate Me, Please The New York Times Opinion". The New York Times. 15 April 2009. Retrieved 9 February 2024.
  7. ^ "How corporations can be a force for good". The Washington Post. 29 September 2016. Retrieved 9 February 2024.
  8. ^ "Save Capitalism by Paying People More". The New York Times. 20 August 2019. Retrieved 9 February 2024.
  9. ^ "People". U.S. Chamber of Commerce. Retrieved 9 February 2024.
  10. ^ "Who We Are". P33.
  11. ^ "Leadership Team". OneTen. Retrieved 9 February 2024.
  12. ^ "Get In Chicago: Progress Report: January 26, 2015". YouTube. Retrieved 9 February 2024.
  13. ^ "Members". Business Roundtable. Retrieved 9 February 2024.
  14. ^ "Members". Aspen Economy Strategy Group. Retrieved 9 February 2024.
  15. ^ "People". Federal Reserve Bank of Chicago. Retrieved 9 February 2024.
  16. ^ "State Street Corporation : State Street Elects Thomas J. Wilson, II to its Board of Directors". MarketScreener. 8 October 2012. Retrieved 9 February 2024.
  17. ^ "Lessons in Leadership". Northwestern University. Retrieved 9 February 2024.
  18. ^ "COMPANY NEWS; SPINOFF OF AN 80% STAKE IN ALLSTATE TAKES EFFECT". The New York Times. 1 July 1995. Retrieved 9 February 2024.
  19. ^ "Helping you live a life well protected". Allstate Corporation. Retrieved 9 February 2024.
  20. ^ "Allstate Announces Transformative Growth Plan". PR Newswire. Retrieved 9 February 2024.
  21. ^ "How Allstate Supports Employees' Well-being". Allstate Jobs.
  22. ^ "Allstate Prosperity Report 2018" (PDF). Allstate. Retrieved 9 February 2024.
  23. ^ "We believe in better for all". Allstate Foundation. Retrieved 9 February 2024.
  24. ^ "Wilson Garling NFP". Grant Makers. Retrieved 9 February 2024.
  25. ^ "Demanding Change, Bearing Witness: Photographs from the Wilson Garling RiseUP! Collection". YouTube. Retrieved 9 February 2024.
  26. ^ "The Future Of Work 50 2023". Forbes. No. 8 November 2023. Retrieved 9 February 2024.
  27. ^ "2023 Red Cross Heritage Award: Tom Wilson". You Tube. Retrieved 9 February 2024.
  28. ^ "Mikva Challenge: Meet our honorees". Facebook. Retrieved 9 February 2024.
  29. ^ "The 250 Best-Managed Companies of 2023". The Wall Street Journal. Retrieved 9 February 2024.
  30. ^ "The 2023 World's Most Ethical Companies® Honoree List". Most Ethical Companies. Retrieved 9 February 2024.
  31. ^ "America's Most Innovative Companies". Fortune. Retrieved 9 February 2024.
  Not done: The changes are not supported by neutral, independent, reliable sources. Please provide reliable sources that support the change you want to be made.  DdSlay, a large portion of the text is still unreferenced. For example, his early life. ARandomName123 (talk)Ping me! 16:39, 9 February 2024 (UTC)Reply
Thank you for the quick reply. The early life information is currently on his page without reference links for his birth place etc. so those particular sentences are not really changes.
I worked to provide neutral reliable sources throughout the content including press releases, news articles, and third-party organization web sites which are all noted as acceptable in wiki standard and used in other wiki articles, but I am happy to either remove something if a given reference is needed but unavailable or provide additional reference if requested.
Is there a way to publish that which is adequately referenced and share what you would like additional/different references for so I can work on that?
Thank you so much
DdSlay (talk) 17:47, 9 February 2024 (UTC)Reply
Add topic
Retrieved from "https://en.wikipedia.org/w/index.php?title=Talk:Thomas_J._Wilson&oldid=1210975977"