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Michael Tipsord took over the reins of one of America’s largest insurance and financial services companies, State Farm, in 2015 after the departure of Edward Barry Rust Jr. from the position of CEO and President. In 2016, he also became the Chairman of the core business of the company – State Farm Mutual Automobile Insurance Company. State Farm CEO Michael is an industry veteran, who has held several leadership positions in the company right from CFO to COO. In his new role, he is focused on business expansion and evolution as well as value addition to customer experiences. If you are searching for more information such as State Farm CEO email address, Michael Tipsord net worth in 2023, wife & family details, and State Farm CEO salary, scroll down the wiki.
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State Farm Competitors
Some of the leading competitors in the field of auto insurance include:
As of 2023, the net worth of State Farm CEO was estimated to range between 100-125 million USD. In 2021, he reportedly earned a compensation of around 24.5 million USD.
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As of 2023, the market cap of State Farm was estimated to lie between 140-160 billion USD. Yes, the company is profitable.
Career & Education – Company, University, & College
Founder George J. Mecherle set up State Farm in 1922. Tipsord started his career with the company in 1988 holding multiple senior positions comprising Vice Chairman of the Board, Chief Financial Officer, and Chief Operating Officer. In 2011, he became COO and prior to that in 2004, he became Vice Chairman and CFO. Before he came to State Farm, he was a law practitioner.
Michael has done graduation from Illinois Wesleyan University in Bloomington. He went to the University of Illinois, Urbana-Champaign to earn a degree in Law. He also holds a CPCU (Chartered Property Casualty Underwriter) designation and a CLU (Chartered Life Underwriter) designation along with having a Public Accounting certificate.
State Farm CEO Email Address | Contact Michael Tipsord
To reach the CEO on email try writing to [email protected].
State Farm Customer Care Number | Help & Support
To get in touch with company’s customer service team, visit their Contact Us page.
Michael Tipsord Wiki – Age, Wife, Family, & More
State Farm CEO Michael, age 64, was born in Illinois in 1959. His wife’s name is Conni Tipsord. The couple has three sons. Michael is a sports lover.
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