(Redirected from Edward B. Rust, Jr.)'Edward B. Rust Jr.' is chairman of the board and
chief executive officer of
State Farm Mutual Automobile Insurance Company,
Bloomington, Illinois. He is also president and chief executive officer of State Farm Fire and Casualty Company, State Farm Life Insurance Company and other principal State Farm affiliates.
A native of
Illinois, Rust joined State Farm in
1975 at the
Dallas, TX, regional office. He became president and chief executive officer in
1985 and was elected to the additional post of chairman of the board in
1987.
A graduate of
Illinois Wesleyan University in Bloomington, Rust holds both
juris doctor and master of business degrees from
Southern Methodist University, Dallas, Texas. He serves on the boards of directors of
Caterpillar Inc.,
Peoria, Illinois.; and
Helmerich and Payne, Inc.,
Tulsa, OK.
He is also on the board of
McGraw-Hill Companies, Inc.,
New York, NY and is one of two co-chairs of the
Business Roundtable. The chairman,
Harold McGraw III is CEO of
McGraw-Hill companies..
Rust is chairman emeritus of the
Illinois Business Roundtable. He is former chairman of several other organizations, including the
American Enterprise Institute,
The Financial Services Roundtable, the
Insurance Institute for Highway Safety and the
National Alliance of Business. He serves on the Board of Trustees of
The Conference Board and is a former member of the board of directors of the
American Council of Life Insurers.
Nationally recognized as a leader of the business community’s efforts to improve the quality of
education in the United States, he is former co-chairman of the
Business Coalition for Excellence in Education and served on
George W. Bush’s Transition Advisory Team committee on education. He is former chairman of the
Business Higher Education Forum, former chairman of
The Business Roundtable’s Education Initiative, a director of
Achieve, Inc., a director of the
National Center for Educational Accountability, and served on the
National (Glenn) Commission on Mathematics and Science Teaching for the 21st Century.
He is a trustee of
Illinois Wesleyan University and a member of the Business Advisory Council of the
University of Illinois College of Commerce and
Business Administration. He is a former member of the advisory council of the
Stanford University Graduate School of Business.
He is a former trustee of
The American Institute for Property and Liability Underwriters and a former member of the board of overseers of
The Institute for Civil Justice. Rust is a member of the Texas and Illinois
bar associations.
External links
★ http://www.businessweek.com/1999/99_45/b3654191.htm