15 June 2020Insurance

Allstate adds Tech Data CEO to board of directors

US personal lines insurer Allstate Corporation has elected Rich Hume, chief executive officer of Tech Data Corporation, to its board of directors.

Hume has served as CEO of Tech Data Corporation since 2018. He joined the Clearwater, Florida-based company in 2016 as chief operating officer. Prior to joining Tech Data, a provider of next-generation technologies to global clients, he spent 30 years at IBM, where he served most recently as general manager and COO of global technologies services, leading operations for IBM’s $32 billion infrastructure and outsourcing services business.

“Rich is an accomplished leader with an extensive technology background who will help build on the strategic capabilities of Allstate’s board and support our Transformative Growth Plan,” said Tom Wilson, Chair, president and CEO. “He brings a passion for innovation and a deep knowledge of global business services that will be invaluable as Allstate grows by connecting consumers.”

Hume commented: “It’s an honor for me to be joining Allstate’s highly respected team of directors. I look forward to helping to further shape the future growth of this iconic brand.”

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