Nov. 03--Chicago City Treasurer Stephanie Neely will join Allstate on Dec. 1 as vice president of treasury.
She'll be responsible for overseeing the Northbrook-based company's liquidity, capital and ratings.
On Oct. 20, the two-term city treasurer said she would resign at the end of November to return to the private sector.
Neely began her career as a financial analyst with Smith Barney and assistant vice president at Paine Webber. She later held municipal finance management jobs at First Chicago/Bank One Capital Markets and other firms, and was vice president of institutional sales for Northern Trust global investments from 2005 to 2006.
Republican candidate for governor Bruce Rauner last month said Illinois Gov. Pat Quinn "could have and should have" made Neely, who is black, his running mate. Rauner accused the governor of "taking the African-American vote for granted."
byerak@tribune.com
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