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State Farm was founded in Bloomington in 1922 with a special interest in serving the state’s farmers. Give an overview of State Farm in Bloomington – its origin, growth, and history of the company, etc. My wife, Sally, and I have one adult son who’s in the publishing business out East. I graduated from Illinois Wesleyan University, later earning a law degree and MBA from Southern Methodist University. I’m a Bloomington native and a product of local public schools. Tell us about your background, schools attended, family, etc. and McGraw-Hill Companies, Inc., New York.Ī leader of the business community’s efforts to improve the quality of education in the United States, he’s the former co-chairman of the Business Coalition for Excellence in Education and served on President Bush’s Transition Advisory Team committee on education. Rust serves on the boards of directors of BITA, the Technology Group for the Financial Services Roundtable Helmerich and Payne, Inc., Tulsa, Okla.
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He was elected vice president in 1981 elected executive vice president, chief operating officer, and a director in 1983 became president and CEO in 1985 and was elected to the additional post of chairman of the board in 1987. He joined State Farm in 1975 at the Dallas regional office, moved to the corporate law department in 1976, became senior attorney-general later that year, and was named assistant vice president in 1978. Rust graduated from Illinois Wesleyan University in Bloomington and received both juris doctor and master of business degrees from Southern Methodist University in Dallas, Texas. Edward Rust, Jr., is chairman of the board and CEO of Bloomington-based State Farm Insurance Companies, including State Farm Mutual Automobile Insurance Company, State Farm Fire and Casualty Company, State Farm Life Insurance Company, and other principal State Farm affiliates.