State Farm CEO Reports Retirement, Updates on Leadership Transition
Rust, in speaking during a companywide telecast on
"Michael has a deep understanding of the opportunities and challenges emerging in our rapidly changing marketplace. During his 27-year career with our company, he has been a key leader in driving our continued growth and success," Rust said. "In a strategic partnership, Michael has helped me chart
"It has been a privilege to work with Ed, who has dedicated himself to making sure
"I am honored to have this opportunity to lead
Rust was named CEO in 1985 and is the company's longest serving CEO. During this 30-year span of leadership,
He has led business community efforts to improve the quality of education in
Rust began his
Tipsord joined
Tipsord is a member of the board of directors of
A native of
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