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Wilson to succeed Liddy at Allstate

Posted On: Sep. 18, 2006 12:00 AM CST

NORTHBROOK, Ill.--Thomas J. Wilson will succeed Edward M. Liddy as Allstate Corp.'s chief executive officer on Jan. 1, 2007, the insurer's board announced Monday.

Mr. Wilson is currently the Northbrook, Ill.-based personal lines insurer's president and chief operating officer. He will remain Allstate's president in addition to becoming chief executive officer, but the role of chief operating officer "will not be filled," Allstate said in a statement announcing the succession plan.

The statement also said that Mr. Liddy will retain his position as Allstate's chairman until the spring of 2008.