COMPANY OVERVIEW
Chairman, President and Chief Executive Officer
Michael L. Tipsord is Chairman, President and Chief
Executive Officer of State Farm Mutual Automobile Insurance Company.
State Farm® and its affiliates are the largest providers of auto,
home and individual life insurance in the United States.
More than 19,000 agents and 70,000 employees live the State Farm
mission to help people manage the risks of everyday life, recover from
the unexpected, and realize their dreams.
Alongside the State Farm senior executive leadership team, Michael is
driving State Farm to demonstrate unsurpassed value to customers and
grow the business in an expanding, evolving and increasingly complex
marketplace.
Michael was named chief executive officer in Sept. 2015 and president
earlier the same year. He was elected chairman of the board of State
Farm Mutual Automobile Insurance Company in June 2016.
Michael began his State Farm career in 1988 and served in a number of
leadership roles including vice chairman of the board, chief operating
officer and chief financial officer.
A native of Illinois, Michael received a bachelor's degree from
Illinois Wesleyan University in Bloomington, Ill., and a law degree
from the University of Illinois at Urbana-Champaign. He earned the
Chartered Property Casualty Underwriter® (CPCU) designation in 1995, the Chartered Life Underwriter® (CLU) designation in 1991, and is a Certified Public Accountant
(CPA).
He also serves on the board of directors for Navigant Consulting, Inc.
He is a trustee of the Brookings Institution and is a member of the
dean's advisory board for the University of Illinois College of Law.
Michael is also a member of the American Bar Association and Illinois
State Bar Association.
