Edward B. Rust Jr., is chairman of the board of State Farm Mutual® Automobile Insurance Company. Previously he served 30 years as chief executive officer of State Farm Mutual and its principal affiliates.
Rust was a member of the Business Roundtable and The Financial Services Roundtable and served on the boards of the US Chamber and Advance Illinois. He is former chairman of the Business-Higher Education Forum and Business Roundtable's Education Initiative. He served on the National (Glenn) Commission on Mathematics and Science Teaching for the 21st Century and on the No Child Left Behind Commission.
Rust was co-chair of The Business Roundtable for more than seven years. He is also past chairman of the U.S. Chamber of Commerce Board of Directors, the American Enterprise Institute, The Financial Services Roundtable, the National Alliance of Business, and the Insurance Institute for Highway Safety. He currently serves as a trustee of The Conference Board, and Illinois Wesleyan University.
Rust is also a member of the boards of directors of Caterpillar, Inc., Helmerich and Payne, Inc., and McGraw Hill Financial.
A graduate of Illinois Wesleyan, Rust holds both juris doctor and master of business degrees from Southern Methodist University. He joined State Farm in 1975 at the company's Dallas, Texas, regional office. He and his wife Sally have one son.