Michael L. Tipsord

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

Michael L. Tipsord

Michael L. Tipsord

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

Overview
Career Highlights

State Farm Investment Management Corp.
State Farm Mutual Automobile Insurance Company
State Farm Insurance

RelSci Relationships

3395

Number of Boards

22

Birthday

1960 - Illinois

Age

60

Number of Awards

3

Relationships
RelSci Relationships are individuals Michael L. Tipsord likely has professional access to. A relationship does not necessarily indicate a personal connection.

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

Relationship likelihood: Strong

Professor of Strategy & Organizational Behavior at The University of North Carolina, Chapel Hill - Kenan-Flagler Business School

Relationship likelihood: Strong

Former General Counsel at Exelon Corporation

Relationship likelihood: Strong

President, Chief Executive Officer & Director at State Farm Florida Insurance Co.

Relationship likelihood: Strong

Lecturer in Law at University of Hawai - William S. Richardson School of Law

Relationship likelihood: Strong

Former Chief Financial Officer & Principal Accounting Officer at Capital One Financial Corporation

Relationship likelihood: Strong

Former Chief Executive Officer at Packaging Corporation of America

Relationship likelihood: Strong

Senior Vice President & Director, Nrel at MRIGlobal

Relationship likelihood: Strong

Member, CFTC-SEC Joint Advisory Committee at Commodity Futures Trading Commission

Relationship likelihood: Strong

Trustee & Vice President at Culver Academies

Relationship likelihood: Strong

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Michael L. Tipsord
President & Chief Executive Officer at State Farm Mutual Automobile Insurance Company
Memberships
Member
Current

American Bar Association provides legal services. It provides law school accreditation, continuing legal education, legal information and other services to assist legal professionals. The firm has members which include judges, court administrators, law professors, and non-practicing attorneys. The company was founded on August 21, 1878 and is headquartered in Chicago, IL.

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

Career History
Chairman, President & Chief Executive Officer
1988 - ?

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.

President & Chief Executive Officer
1988 - Current

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
2002 - 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

Boards & Committees
Chairman, Board of Directors
1988 - Current
Lead Independent Director
2009 - 2019
President & Director
2002 - Prior
Senior Member, Board of Trustees
Current
Member, Dean's Advisory Board
Current
Member, Board of Directors
Prior - 2018
Political Donations
$1,000
2013
$500
2012
$1,000
2012
Transactions
Details Hidden

State Farm Mutual Automobile Insurance Company raised money in a private placement transaction

Details Hidden

State Farm Mutual Automobile Insurance Company raised money in a private placement transaction

Awards & Honors
1995
Chartered Property Casualty Underwriter
1991
Chartered Life Underwriter
CPA (Certified Public Accountant)
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