Edward B. Rust, Jr.

Former President & Chief Executive Officer at State Farm Mutual Automobile Insurance Company

Edward B. Rust, Jr.

Edward B. Rust, Jr.

Former President & Chief Executive Officer at State Farm Mutual Automobile Insurance Company

Overview
Career Highlights

State Farm Mutual Fund Trust
State Farm Variable Product Trust
State Farm Investment Management Corp.

RelSci Relationships

6486

Primary Location

Illinois

Number of Boards

42

Birthday

1951 - Bloomington, IL, United States

Age

69

Number of Awards

1

Relationships
RelSci Relationships are individuals Edward B. Rust, Jr. likely has professional access to. A relationship does not necessarily indicate a personal connection.

President & Chief Executive Officer at State Farm Mutual Automobile Insurance Company

Relationship likelihood: Strong

President & Chief Executive Officer at The Conference Board, Inc.

Relationship likelihood: Strong

Former President & Chief Executive Officer at S&P Global, Inc.

Relationship likelihood: Strong

President & Chief Executive Officer at Teachers Insurance & Annuity Association of America

Relationship likelihood: Strong

President & Chief Executive Officer at S&P Global, Inc.

Relationship likelihood: Strong

Chairman & Chief Executive Officer at Caterpillar, Inc.

Relationship likelihood: Strong

Former Executive Vice President at State Farm Mutual Automobile Insurance Company

Relationship likelihood: Strong

Visiting Faculty, Economics & Public Policy at The Tikvah Fund

Relationship likelihood: Strong

Former Chief Executive Officer at Cardinal Health, Inc.

Relationship likelihood: Strong

Chairwoman at National Security Telecommunications Advisory Committee

Relationship likelihood: Strong

Paths to Edward B. Rust, Jr.
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You
Edward B. Rust, Jr.
Former President & Chief Executive Officer at State Farm Mutual Automobile Insurance Company
Education
Graduate
Class of 1972

Illinois Wesleyan is a highly selective liberal arts university Founded in 1850, Illinois Wesleyan has grown to become one of the nation's leading liberal arts institutions. The University enrolls just over 2,000 undergraduates from across the nation and around the globe and our graduates can be found in all 50 states and 52 countries.

JD

We are a global law school community of distinguished alumni residing throughout the United States and in more than 75 countries. Our faculty is well-recognized for its outstanding teaching and scholarly leadership in such areas as dispute resolution (including litigation), international and comparative law, intellectual property, corporate, commercial and tax law. We offer a rich curriculum of over 165 upper class courses in subjects such as oil and gas, health and environmental law. Over one-half of our upper class courses have fewer than 25 students; three-fourths have fewer than 50 students. The first year class is divided into three sections (two full-time and one part-time evening) of approximately 90 students each, with small legal writing sections of approximately 25 students each. We emphasize the vital skill of legal writing through our six-hour legal research, writing and advocacy course and an elective three-hour edited writing seminar. The law quadrangle provides an idyllic setting for learning. The Underwood Law Library houses the largest private law collection in the Southwest. The Godwin Gruber Lawyers Inn offers students an elegant backdrop for study breaks and meals. A secure wireless network is available in all law school buildings. Most importantly, our small size fosters a scholarly community that features interaction with faculty, attention to your personal needs, and lifelong friendships. We have an active student government, five respected law journals, six specialized legal clinics and two related projects, numerous moot court and mock trial competitions, and one of the finest Career Services Offices in the country. In addition, students participate in the thriving intellectual life of the school. We have been chosen as the national headquarters for the Appellate Judges Educational Institute. In 2006 the Institute brought over 225 appellate judges and attorneys from across the country to SMU, including Justice Sandra Day O'Connor, the Chief Justices of Texas and Indiana, and the Chief Judge of the Sixth Circuit. Recently, the 35 students in our SMU Oxford program assisted with our Supreme Court Summit in which Justices O’Connor, Ginsburg, and Breyer participated, as did Justices from Europe's highest court, the European Court of Justice. In spring 2007, we were honored to host a group of distinguished Justices from the ECJ on campus. A thriving community of scholars call Dedman Law home. Our distinguished faculty, coupled with our intelligent and inquisitive student body personify Robert Dedman's words, "Leadership starts with learning."

MBA

Since 1920, the SMU Cox School of Business has equipped students with the skills, knowledge and experience they need to succeed in business. Major publications—including BusinessWeek, The Economist, Financial Times, Forbes, U.S. News & World Report and The Wall Street Journal—rank SMU Cox among the top business schools in the nation and around the world. The Cox School offers a full range of undergraduate and graduate degree programs, as well as innovative executive education programs encompassing all aspects of business leadership and management.

Memberships
Member
Current

Founded in 1877, the Illinois State Bar Association is the premier legal association in the state. As a voluntary organization of more than 30,000 members, the Association's primary focus is to assist Illinois lawyers in the practice of law and to promote improvements in the administration of justice. The Association engages in many important activities on behalf of the profession — among them proposing and shaping legislation, educating the public, and supporting the courts and the rule of law

Graduate Member
Current

The Business Council is a voluntary association of business leaders whose members meet several times a year for the free exchange of ideas both among themselves and with thought leaders from many sectors. In its most fundamental form, the Council seeks to foster understanding through discussion. It promotes learning, best practice sharing and networking by its members with a view to making a contribution to our society, the global economy and to business generally. Since its founding more than 75 years ago, The Business Council membership has consisted of a group of current or former chief executive officers from a broad range of companies. All major industries are represented among the members of The Business Council. Because schedule demands on senior business executives are extensive, the Council provides an especially valuable opportunity to discuss major subjects in a broader ranging forum than is normally available in the course of business activities. As part of its process, the Council invites leaders in government, politics, academia, science, medicine, technology and other sectors to address the Council and to participate in its discussions. Council members hope that these discussions result in better understanding by their invited guests as well as by the members themselves. Today, the Council meets three times a year in a collegial atmosphere to share and explore ideas.As a gathering of peers from many fields, the Council is entirely an educational and deliberative forum. It never takes positions as an organization and does not advocate any policy or course of action. Individual members sometimes do present their own views in public discussions. But they do so as individuals, rather than as representatives of the Council.

Member
Current

The State Bar of Texas (the Texas Bar) is an agency of the judiciary under the administrative control of the Texas Supreme Court. The Texas Bar is responsible for assisting the Texas Supreme Court in overseeing all attorneys licensed to practice law in Texas. It is the fifth largest organization of lawyers in the United States. The State Bar is headquartered in the Texas Law Center at 1414 Colorado Street in Austin.

Career History
President & Chief Executive Officer
1975 - ?

State Farm Mutual Automobile Insurance Co. provides automobile insurance. It offers different types of insurance including car insurance, life insurance, health insurance, disability insurance, and business insurance. The company was founded by George Jacob Mecherle in 1922 and is headquartered in Bloomington, IL.

President & Director
2001 - 2014

State Farm Mutual Fund Trust is a company that helps its clients invest and reach financial goals through mutual funds.

President & Director
2001 - 2014
Boards & Committees
Chairman, Board of Directors
1987 - Prior

State Farm Insurance Cos. provides personal property and casualty insurance services. It also offers auto insurance quotes, auto, home, life and health policies. The firm also provides commercial auto insurance coverage for renters, business owners, boats and motorcycles. The company was founded by George Jacob Mecherle in 1922 and is headquartered in Bloomington, IL.

Chairman & Chief Executive Officer
Prior
Director & President
Prior

State Farm® has been in the mutual funds business since 1968, managing funds then only available to employees and Agents. In 2001, State Farm Mutual Funds products and services became available to the public for the first time. Our main objective is to make each of our 15 State Farm Mutual Funds® a highly competitive and rewarding long-term investment for our shareholders. To help achieve this objective, we use an investment management structure that capitalizes on the unique strengths, focused attention, and knowledge of seasoned investment professionals in State Farm’s internal investment department. Because we offer a wide variety of funds, some outside the core knowledge of our internal investment department, we also have seven other highly-respected asset management organizations working for you. Each of our investment advisors provides well-known, long-established experts in their respective investment strategies and has beliefs and investment philosophies that are consistent with our own. State Farm Mutual Funds shareholders can feel confident that their investments are being managed in a responsible, conservative, and cost-effective manner consistent with a long-term perspective

Member, Trustee Committee
Prior - 2015

Neighborhood Housing Services of Chicago, Inc. advocates for working families and revitalizes communities through community building, real estate development, mortgage lending, homeownership education and housing policy. The company was founded in 1975 and is headquartered in Chicago, IL.

Member, Board of Trustees
Prior

American Institute for Chartered Property Casualty Underwriters is a nonprofit organization, which offers educational, research, networking, and career resource solutions. It provides introductory and foundational courses and programs; functional-area courses and designation programs; management and business courses and programs; CPCU designation program; executive education; online courses and programs; and management education. The company was founded in 1942 and is headquartered in Malvern, PA.

Non-Profit Donations & Grants

Learn how non-profit organizations benefit from RelSci
$2,500 - $4,999
2018

The Prostate Cancer Foundation (PCF), formerly known as CaP CURE, is the world’s largest philanthropic source of support for prostate cancer research. PCF was founded in 1993 in order to discover better treatments and a cure for prostate cancer. As of 2012, PCF has raised more than $500 million for research and funded more than 1,600 research projects at nearly 200 institutions in 17 countries. In the past 2 years, 5 new drugs that extend the lives of men with metastatic prostate cancer have been approved by the FDA. PCF initiated and supported academic treatment science that fast-forwarded every one of these approvals.

$1,000 - $2,499
2018

Prairie State Legal Services, Inc. provides free legal services to senior citizens and low-income persons. The company was founded on October 1, 1997 and is headquartered in Rockford, IL.

$1,000 - $2,499
2017

Prairie State Legal Services, Inc. provides free legal services to senior citizens and low-income persons. The company was founded on October 1, 1997 and is headquartered in Rockford, IL.

Political Donations
$5,000
2015

Founder at Young Guns Program

$1,000
2015

Senator from Ohio

$1,700
2015

Senator from Ohio

Public Holdings
Restricted data only for RelSci Professional users.
Awards & Honors
2011
NACD Directorship 100 Hall of Fame
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