How much money does Michael tipsord make?

State Farm Chairman, President and CEO Michael Tipsord’s total compensation in 2020 was $20,266,505.62, according to documents filed with the Illinois Department of Insurance and obtained by The Pantagraph through the Freedom of Information Act.

How old is Michael tipsord?

62 years (June 20, 1959)Michael L. Tipsord / Age

Who is CEO of State Farm?

Michael L. Tipsord (Sep 2015–)State Farm / CEOMichael L. Tipsord 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. State Farm is the 36th largest company in the United States on the Fortune 500 and the country’s largest auto and home insurer. Wikipedia

How long has Michael tipsord been CEO of State Farm?

In all those 96 years, State Farm has only had six CEOs, and the latest one on the short list is Michael Tipsord, who only took on the reins since 2015. His predecessor, Edward B. Rust, Jr. was CEO for 29 years and his father was CEO for 14 years prior.

What is Jake from State Farm net worth?

Kevin Mimms joined the team and took over the role of Jake, including reshooting the famous “Jake from State Farm” scene. Mimms has earned between $10,000 and $15,000 for his ads. He’s also an influencer on social media and has a net worth of $2 million.

What is State Farm’s net worth?

The net worth for State Farm Mutual Automobile Insurance Company ended the year at $143.2 billion compared with $126.1 billion at year-end 2020. The change includes a significant increase in the value of the P-C companies’ unaffiliated stock portfolio, driven by increases in the U.S. equities market.

Who is the founder of State Farm?

George J. MecherleState Farm / Founder

Who is the CEO of Liberty Mutual?

David H. Long (Jun 29, 2011–)Liberty Mutual / CEO

Where is State Farm Insurance headquarters?

Bloomington, ILState Farm / Headquarters

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