State Farm CEO Will Emphasize Education and Workforce Readiness
WASHINGTON, D.C.—The U.S. Chamber of Commerce today named Edward B. Rust Jr. chairman of the board. Rust, chairman and CEO of State Farm®, will serve a one-year term, focusing his attention on education and workforce readiness, among other issues.
“Ed understands the challenges facing American business today and will be a powerful advocate for us here in Washington,” said U.S. Chamber President and CEO Thomas J. Donohue. “He has that unique ability to operate at the intersection of policy and business. He understands how each impacts the other, and he has earned the respect of both government and business leaders.”
Rust serves on a number of nonprofit and corporate boards, including Caterpillar Inc., Helmerich & Payne, Inc., and McGraw-Hill Companies. He is a member of the Business Roundtable, having previously served as co-chair for seven years, and is a past chairman of the American Enterprise Institute, the Financial Services Roundtable, the National Alliance of Business, and the Insurance Institute for Highway Safety.
Rust has a strong background in business-education partnerships. He is former chairman of the Business-Higher Education Forum and the Business Roundtable’s Education Initiative. He chairs the Business Coalition for Student Achievement and is on the board for the America’s Promise Alliance. He also served on the National (Glenn) Commission on Mathematics and Science Teaching for the 21st Century and on the No Child Left Behind Commission. He serves as a trustee of Illinois Wesleyan University.
A graduate of Illinois Wesleyan, Rust received his Juris Doctor degree and a master’s of business from Southern Methodist University. He joined State Farm in 1975 at the company’s Dallas, Texas, regional office. He became president and CEO in 1985 and was elected chairman of the board two years later. He and his wife, Sally, have one son.
A high resolution photo of Rust is available at:
Rust’s interview with the U.S. Chamber’s Free Enterprise Magazine is available at: