Edward Rust Jr. is stepping down as CEO of State Farm Insurance after 30 years leading the nation's largest home and auto insurer. Another company veteran and alum of Illinois Wesleyan University, ...
BLOOMINGTON — Retired State Farm CEO and chairman of the board Ed Rust, Jr. earned $13.34 million in 2015, an increase of 3.7 percent from the $12.86 million he earned in 2014. Rust retired as CEO in ...
BLOOMINGTON — State Farm President and COO Michael Tipsord will become CEO in September, bringing the "end of an era" of having a Rust in charge of the Bloomington-based insurer.
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