THE ALLSTATE CORPORATION (NYSE:ALL-D) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December20, 2017, the Board of Directors of the Registrant elected Margaret M. Keane as a director effective January1, 2018, and correspondingly increased the size of the Board to 12 directors. The Board has not yet determined Ms.Keane’s committee assignments. Ms.Keane’s compensation will be consistent with the Registrant’s previously disclosed standard compensatory arrangements for non-employee directors, which are described in the Registrant’s most recent proxy statement filed with the Securities and Exchange Commission on April12, 2017, under the heading “Director Compensation,” except that Ms.Keane’s equity award will be granted under the Registrant’s 2017 Equity Compensation Plan for Non-Employee Directors approved by shareholders on May25, 2017, and included in Appendix D of Registrant’s proxy statement. Ms.Keane’s compensation will be prorated to reflect the commencement date of her Board service. In addition, the Registrant expects to enter into an indemnification agreement with Ms.Keane in substantially the form filed as Exhibit10.2 to its quarterly report on Form10-Q for the quarter ended June30, 2007. A copy of the press release announcing Ms.Keane’s election is attached as Exhibit99 to this report.
Section9 — Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
