Search results
Results from the WOW.Com Content Network
Michael L. Tipsord (born June 20, 1959) is the chairman of the board of State Farm Insurance in Bloomington, Illinois. Tipsord replaced Edward B. Rust Jr. as chairman on September 1, 2015. [ 1 ] State Farm is the 42nd largest company in the United States on the Fortune 500 [ 2 ] and the country’s largest auto and home insurer .
Under CEO Michael L. Tipsord, State Farm has announced a Green Mission to "lead by example" in environmental philanthropy. [106] [107] Ceres has found that State Farm invests millions of US dollars to finance energy companies. [108] Others place State Farm's fossil fuel investments at US$22.4 million. [109]
Edward Barry Rust Jr. (born August 3, 1950) [1] was chairman of the board of State Farm Mutual Automobile Insurance Company, Bloomington, Illinois.He is a former President and Chief Executive Officer of State Farm Mutual Automobile Insurance Company and State Farm Fire and Casualty Company, State Farm Life Insurance Company and other principal State Farm affiliates.
In 2016, which was Schiller's last full year as president and CEO, he earned a base salary of $910,000, a $568,750 bonus, $1.5 million in nonequity incentive plan compensation, $1.2 million in ...
Chief Operating Officer Michael Tipsord will become its next chief executive, succeeding Ed Rust Jr., who has led the private company since the mid-1980s.
If the highest-paid CEO in a state according to the AFL-CIO report has since parted with the company, the next highest-paid CEO was identified. No data was available for Wyoming. All data was ...
On August 4, 2020, Ford announced that COO Jim Farley would succeed Hackett as the CEO of Ford on October 1, 2020. Hackett retired and became a special adviser until March 2021. [13] [14] [15] Hackett holds a position on the Board of Directors for State Farm Mutual Automobile Insurance Company. [16]
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.