That means that there are no stock options or shares to give top executives as part of their compensation. . To put Tipsords pay into perspective, Crains noted that the CEO of JPMorgan Chase, Jamie Dimon, received $6.5 million in cash, with the rest of his $77.5 million in stock and options. Tipsord also makes less than several of his CEO peers in the insurance industry, according to public records and financial documents reviewed by GLT. Senior Vice President Agency & Marketing, Senior Vice President, Treasurer and Chief Financial Officer. Tipsord has gone on to hold a number of leadership positions including assistant treasurer in 1998, VP in 2001, senior vice president and CFO in 2004, COO before becoming Chief Executive Officer (CEO) in 2015. File and manage your claims with the State Farm mobile app. Tipsord joined State Farm in 1988. Whether premium relief, dividends to State Farm Mutual auto customers, payment flexibility, or philanthropic efforts in the communities we live and work, were focused on relief and recovery efforts, said Senior Vice President, Treasurer, and Chief Financial Officer Jon Farney. That's quite a large drop for his first year of being CEO. Hardly any of those have the autonomous capabilities were talking about. Get notification with the latest net worth updates for free. Michael L. Tipsord's net worth He also served as Vice President Agency in the Pacific Northwest from 2005-2008, then was promoted to Operations Vice President State Farm Life. Boycott them n spread the word. Michael Tipsord attended Illinois Wesleyan University in Bloomington, where he was a member of the Alpha Iota chapter of the Sigma Chi fraternity and graduated with a B.S. The Good Neighbor Relief Program is a testament of our commitment to our policyholders and communities. State Farm is investing heavily in "digitally enabling our agents," Tipsord said, "and our agents and their teams readily adapt" to their customers' expectations. 57,672 (2019) Divisions: Insurance; mutual funds; State Farm Bank: . Michael L. Tipsords income source is mostly from being a successful . Right now I am very dissatisfied with State Farm Corporate as the local agencys hands are tied. Michael has done graduation from Illinois Wesleyan University in Bloomington. She assumed her current position in 2017. With pandemic life taking hold, State Farm declared in April 2020, that in order to help policyholders get through such challenging times, theyd institute up to a $2 billion dividend that would go to its auto insurance customers. Nicely also served as GEICOs executive chairman during the period, CFA said. On a final note, Tipsord consistently offers the following words of encouragement to his own children, Always remember, others do not define you, you and your actions define you. Rand joined State Farm in 1992 as an agent. cost Edward Barry Rust Jr. (born August 3, 1950) was chairman of the board of State Farm Mutual Automobile Insurance Company, Bloomington, Illinois.He is a former President and Chief Executive Officer of State Farm Mutual Automobile Insurance Company and State Farm Fire and Casualty Company, State Farm Life Insurance Company and other principal State Farm affiliates. So, how much is Michael L. Tipsord worth at the age of 62 years old? 7. Senior Vice President Property and Casualty, Senior Vice President and Chief Risk Officer. This will back fire on you big time. The federation, which in August 2020 accused GEICO of having the nations worst COVID refund program in the nation, said the carrier should return much more premium to drivers, as driving levels remained low. It also called on GEICO to end its practice of requiring customers to renew policies before they received their pandemic refund.. Tipsord's compensation from State Farm was $24.5 million in 2021. degree in 1984 magna cum laude from the University of Illinois at Urbana-Champaign. For five months I have been shuffled, and passed around like old news paper. The City was always encouraging home owners to get insurance for water and sewer lines from the house to the street. She is currently single. Since 2009, Paul has been a member of senior leadership, serving in various roles as Chief Financial Officer, EVP Property & Casualty and EVP Technology & Innovation. We use cookies to ensure that we give you the best experience on our website. Randall Harbert, chief agency sales and marketing officer, was paid $8.2 million, up from $6.8 million and $3.5 million in 2020 and 2019, respectively. I will no longer patronize such shameful and unethical behaviour. I wont share the documents now but they are extensive with unfounded charges that in fact can be proven with taped recording that is kept by State Farm on this claim. Personal details about Michael include: political affiliation is unknown; ethnicity is Caucasian; and religious views are listed as Christian. } If he is like Agent Guy Matsumoto, hell never reply if there is a claim. Currently, he also leads enterprise transformation efforts work to position State Farm for future growth. As Chief Digital Officer (CDO), he continues to lead the Customer Experience division of the Enterprise Technology department, which enables State Farm digital and customer experience capabilities, supports both customer and associate applications, and improves and simplifies supporting business processes. Michael tipsord bonus 2020. window.mc4wp.listeners.push( The total compensation for State Farms top executive is lower than his predecessors and several of his peers in the insurance industry. Last year, State Farm posted a net income of $3.6 billion, a 34% decrease from its 2019 net income of $5.6 billion. It's actually a myth about how to make money on Facebook Michael L. Tipsord (born June 20, 1959) is the chairman of the board of State Farm Insurance in Bloomington, Illinois. Michael L. Tipsord's income source is mostly from being a successful . I am ion trouble and have lost a large portion of my home items after a tree fell in my home in 12/2019; I had to get a Legal Aid Atty. We may collect personal information from you such as identifying information (name, address, driver's license number), transactional information (products or services purchased and payment history), digital network activity (interactions with our website, IP address), geo-location data, audio recordings and other forms of personal information. 10 percent owner Markel Corp He was promoted to vice president and treasurer in 2001, senior vice president in 2002, chief financial officer in 2004 and chief operating officer in 2011. Any Corp where the CEO makes over 8 million a year and are the biggest, riches Companies in the US, possibly care little about us, the customers! Kristyn has leadership responsibility for the Marketing and Agency functions, which help support the State Farm Agency Force that is 19,000+ strong. CFA also highlighted the massive bonuses paid to State Farm CEO Michael Tipsord in both 2020 and 2021. . Cathy earned a Bachelor of Science degree in accountancy and a Master of Business Administration from the University of Illinois at Urbana-Champaign. of Part of that digitization effort was State Farm's recent investment of $1.2 billion in ADT for a 15 percent stake in the home-security company. Californias voter-approved consumer protection law, Proposition 103, goes beyond reporting requirements, penalizing insurers for executive salaries that are found to be excessive. Join Facebook to connect with Michae Publix CEO Email & Net Worth Todd Jones, Prudential Financial CEO Email & Net Worth Charles Lowrey, Progressive CEO Tricia Griffith (Age 58), MassMutual CEO Roger Crandall (Age 57), CorVel Corporation CEO Michael Combs (Age58), Farmers Insurance CEO Jeff Dailey (Age-65). Here are the claim #s listed on the response on Aug 12. Throughout its history, State Farm built a record on its ability to deliver automobile, other property and casualty, health, and life insurance at competitive prices. For Tipsord, his reported salary for 2016 of $8.16 million is not as high as some other CEOs in the insurance industry. Something seems to have changed in terms of the insurers comp program, but the statement [provided by State Farm] didnt address that question posed by Crains, the publication said. State Farms capital base is enormous, so it can afford to lose money for even years at a time in order to gain market share if it chooses.. Taking into account various assets, Michael's net worth is greater than $100,000 - $249,999; and makes between $100 - 149,999 a year. As CFO, Jon has responsibility for financial reporting for the State Farm organization, including leadership of Enterprise Research, Financial Operations, Investment, Labs @ State Farm and the Ventures Office and co-leads the Corporate & Business Development department. Thanks, My Banking Internet service Accidentally Paid My Insurance Twice.Paid $241.45 on The 4th of May and on The 5th I found the error.Contacted my Bank that day and was advised to call State Farm.State farm agent tried but contact in Tennessee non management Employee and told I would receive a check by end of the Week(not true}.Called State farm again and Manager said Check would be received in 10 to 14 days.Now it`s 21 days waiting for that Check living on a FIX`s income and less then $75.00 to live on till I get that check. So, how much is Michael L. Tipsord worth at the age of 63 years old? If you are searching for more information such as age, net worth, and email address, scroll down the wiki. I am seventy one years old and a widow. My bathroom upstairs, the tiles are removed, the toilet is pulled up, my carpet have big squares cut out, and my walls are water stained. Austin Russell Luminar CEO Capping off an already unbelievable trip around the Sun, December 2020 saw wall street introduce the worlds youngest self-made billionaire, twenty-five-year-old, David Steward Net Worth: $3.7 Billion Origin of Wealth: IT Provider Hometown: Clinton, Missouri Education: Bachelor of Arts/Science, Central Missouri State University Early Life David, Sheldon Adelson Net Worth: $36 Billion Wealth Origin: Casinos Hometown: Boston, MA Education: Drop Out, City College of New York Early Life Sheldon Adelson was, Steven Udvar-Hazy Net Worth: $4 Billion Wealth Origin: Aircraft Leasing Birthplace: Budapest, Hungary Education: Bachelor of Arts/Science, University of California, Los Angeles Early Life Growing, Eli Broad Net Worth: $6.9 Billion Wealth Origin: Real Estate, Insurance Hometown: Detroit, Michigan Education: Bachelor of Arts/Science, Michigan State University Mr. Los Angeles Although, Jim Umpleby Caterpillar CEO Long before Caterpillar CEO Jim Umpleby ascended to the heights of corporate America, he was a teenager growing up in Highland, Kevin Hourican Sysco CEO Long before Sysco CEO Kevin Hourican was responsible for managing one of the worlds largest food distributors, he was a lengthy, Miguel Patricio Kraft Heinz CEO Before being named CEO of Kraft Heinz, Miguel Patricio was born in Portugal, then moved to Brazil during his childhood,, Corie Barry Best Buy CEO Before being ranked by Fortune Magazine as one of the ten most influential women alive, Best Buy CEO Corie Barry, Vivek Sankaran Albertsons CEO Although he now presides over the helm of Americas second-largest grocery store chain, Albertsons CEO Vivek Sankaran has come a long, David Friedberg Book Recommendations For many reasons, The Production Board founder David Friedberg and books simply go hand in hand, whether were talking his favorite, David Sacks Book Recommendations For many reasons, Craft Ventures co-founder David Sacks and books simply go hand in hand, whether were talking his favorite business, Reid Hoffman Book Recommendations For many reasons, billionaire co-founder of LinkedIn Reid Hoffman and books simply go hand in hand, whether were talking his favorite, Paul Tudor Jones Book Recommendations For many reasons, billionaire hedge fund manager Paul Tudor Jones and books simply go hand in hand, whether were talking, Nassim Taleb Book Recommendations For many reasons, best-selling author Nassim Taleb and books simply go hand in hand, whether were talking his favorite business classics,, A Guide to Day Trading Strategies There are countless day trading strategies to choose from, and it comes with good reason considering investors are constantly, A Guide to Common Chart Patterns A chart pattern is a graphical formation that consistently manifests itself on price histories over a period of time., A Guide to the Best Trading Platforms So youre ready to give up your nine to five job and start day trading from a balcony, Ricky Gutierrez on How to Grow a YouTube Channel Imagine being able to make a decent living by filming and uploading videos made from home;, How to Buy Your First Stock, with Ricky Gutierrez Wall Street is full of boundless potential for financial gains, even so, its important to be. The company said the rise in net worth during the pandemic last year was driven by gains in the stock market. Chris received a bachelor's degree in marketing from University of Dayton and a masters degree in business from Ohio University. In her role, Cathy leads Enterprise Risk Management, Compliance, Information Security and the Flight Department. degreesumma cum laude in 1981. My upstairs bathroom pipes burst and leaked into my closet. In his new role, he is focused on business expansion and evolution as well as value addition to customer experiences. , Tipsord replaced Edward B. DAVID PROEBER States should do more to ensure that our premium dollars are not being used to fund wildly excessive pay packages for executives., Joseph M. Belth: Executive Compensation in the Insurance IndustryData for 2020 from 2021 Filings with Nebraska, http://www.josephmbelth.com/2021/07/no-431-executive-compensation-in.html, While Drivers Face Rising Auto Insurance Rates, Top 4 U.S. Auto Insurance Executives Received $196.8 Million in 2020-2021 Pandemic Paydays, Allstate looking to raise rates throughout 2022; With Q1 results from Chubb, no mention of rates going up, Allstate looks to mitigate repair costs through agreements, expects little pushback on auto insurance rate increases, Featured images provided by litu92458/iStock. Self-driving tech is not yet nimble enough to reliably handle the variety of situations human drivers encounter each day, The New York Times concludes in a recently published piece outlining the concepts tempestuous obstacles. Joe assumed his current role in July 2017. Tipsord started his career with the company in 1988 holding multiple senior positions comprising Vice Chairman of the Board, Chief Financial Officer, and Chief Operating Officer. The claim process and results so far have certainly left much to be desired. She is a member of famous with the age 63 years old group. Since 2015, numerous locations have been closed. Their Good Neighbor Relief Program offered a 25% policy credit on premiums due from March 20 through May 31, 2020, or about $20 a month for each vehicle insured. That includes a $1.6 million base salary and a $6.9 million incentive-based bonus. Regardless, the development of this technology weighs on the minds of auto insurers all over the world, especially when considering a Stanford University study found 90% of automobile accidents are caused by human error. Compare Search ( Please select at least 2 keywords ) CEO Years Served Michael L. Tipsord 2015-present 5 more rows. Click here to see the complete history of Michael L. Tipsords form 4 insider trades. Esta pgina no est disponible en espaol. I cant began to tell you what nightmares have transpired since then. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Michael L. Tipsord currently owns a total of 1 We may collect personal information from you for business, marketing, and commercial purposes. Born in 1959, sitting State Farm CEO Michael Tipsord was raised among the rural pastures of central Illinois, in a tiny village named Cooksville; for reference, the most recent United States census counted 171 humans living there. I work in the Health care industry so understand the Covid 19 issues. I barely managed sending claim info to Mrs. Kelly Jones, Agt. We use this information for business, marketing and commercial purposes, including but not limited to, providing the products and services you request, processing your claims, protecting against fraud, maintaining security, confirming your identity and offering you other insurance and financial products. The adjuster did not come to my home due to their Covid rules, instead did a virtual walk through with my contractor. During his earliest years at the insurance giant, he pursued further credentials to bolster his already impressive education, such as the Chartered Life Underwriter (CLU) designation in 1991 and the Chartered Property Casualty Underwriter (CPCU) in 1995, moreover, he is also a Certified Public Accountant (CPA). Once that number is set, carriers can choose to pay their executives as much as theyd like, but anything over the calculated maximum is used in another formula that reduces insurance rates to account for excessive compensation.. The net worth for the State Farm group ended that year at $126.1 billion compared with $116.2 billion at year-end 2019. The burgeoning Wesleyan alum certainly made an impression on leaders within State Farm, as he began a rapid ascension up their ranks that started with being named director of accounting for the company in 1995. Rust Jr. has had a profound impact on his community, fueling initiatives from the Illini Data System that teachers use to track and forecast student academic progress to helping local leaders by keeping his promises to them that State Farm would support summer programs, donate equipment including laptop computers, and give grants to classroom projects. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. I guess all the commercials on TV are not true. } Whether premium relief, dividends to State Farm Mutual auto customers, payment flexibility, or philanthropic efforts in the communities we live and work, were focused on relief and recovery efforts,, 15 Technical Indicators That Every Day Trader Should Know, Kraft Heinz CEO: Miguel Patricio Biography, 12 Inspirational Books David Friedberg Recommends, 10 Inspirational Books David Sacks Recommends Reading, 20 Inspirational Books Reid Hoffman Recommends Reading, 5 Inspirational Books Paul Tudor Jones Recommends, 20 Inspirational Books Nassim Taleb Recommends Reading, The 3 Best Day Trading Strategies for Beginners, 5 Chart Patterns Every Beginner Trader Should Know, How Day Trader Ricky Gutierrez Grew His YouTube Channel, How to Buy Your First Stock, with Ricky Gutierrez. Tipsord was a private practice attorney before becoming an assistant tax counsel for State Farm in 1988. 2 min read. This structure links performance and compensation, company spokesperson Jim Camoriano said in an email. B1BOIO3 & 20190161319282 [Incident: 200812-002786]I have not filed a claim with State Farm. callback: cb Decisions by Michael Tipsord State Farm reported a net income of $0.4 billion in 2016 , compared with $6.2 billion of net income in 2015. The company and its affiliates had managed to maintain their status as the largest provider of car insurance in the United States. Kristyn received a Bachelor's Degree in Policy Studies from Syracuse University and a Masters Degree in Public Administration (MPA) from the Syracuse Maxwell School of Citizenship and Public Affairs. They instilled a sense of values [in me] regarding hard work, self-reliance, sacrifice, and respect for others.. Tipsord joined State Farm in 1988 as assistant tax counsel. Lo sentimos! Thats less than what his predecessor, Ed Rust Jr., made in the latter part of his tenure. In 2016, he also became the Chairman of the core business of the company State Farm Mutual Automobile Insurance Company. Only the transactions in Open Market or Private Sale at the market prices are included. This assumption is further supported by the complete lack of academic alternatives established near Cooksville at the time and even to this day; the aforementioned high school no longer operates as it was eventually renamed Ridgeview High School in 1989. Chief Financial Officer Patrick Mcclymont Other transactions such as conversion of derivative security or exercise of options are not included. Michael Tipsord, chairman, president and CEO of State Farm, received total compensation of $20,266,505.62 last year, according to a report by The Pantagraph. I have been part of the State Farm family for twenty eight years. [23] Others place State Farm's fossil fuel investments at US $22.4 billion. forms: { Enjoy a 7-Day Free Trial Thru Jan 25, 2023! For California residents, click here to view the full version of the California Consumer Privacy Notice. For the second year in a row State Farm experienced impressive growth. Live in Chattanooga TN and recently was one of many involved in the tornados. The Bloomington-based insurer also announced in January that it was giving $1,000 one-time bonuses to some of its employees, despite the cost-cutting elsewhere. Seemed very superficial when we both know the people approach is better served. With schools and businesses closed, and many Americans sheltering in their homes, the company figured people were driving less, which meant theyd return some value to customers as fewer auto claims could therefore be anticipated. Founder George J. Mecherle set up State Farm in 1922. US$5.593 billion (2019) Total assets: US$294.82 billion (2019) Total equity: US$116.23 billion (2019) Number of employees. Read more Do Not Sell My Personal Information (CA residents only) We value your privacy. The most-recent trade in Navigant Consulting Inc is the Direct requests for media and speaking engagements to our media contacts. Learn How rich is She in this year and how She spends money? In 2018, State Farm netted $8.8 billion, according to The Pantagraph. Enjoy our content? Joe is a member of the board of directors of State Farm Life Insurance Company, State Farm Life and Accident Assurance Company, State Farm Annuity and Life Insurance Company, and State Farm Bank. Michael L. Tipsord around $93,575. Rust Jr. as chairman on September 1, 2015. IRespectfully submitted,Anita Repp[emailprotected]xxx-xxx-xxxx, PS: As of this writing, September 5, 2020, I have not heard from LexisNexis nor have I heard from Corporate State Farm. , Chris joined State Farm in 1990 as Commercial Lines Underwriter in Newark, Ohio. [8][9], Tipsord was a private practice attorney before becoming an assistant tax counsel for State Farm in 1988. Michael began his State Farm career in 1988. Fawads primary role was to lead the digital strategy development and execution for the enterprise. Mary joined State Farm in 1984 and has served in a variety of executive leadership positions including Assistant Vice President Planning & Analysis, Vice President Operations P&C, Vice President Operations Human Resources and Senior Vice President. He serves as Trustee, President and Chairperson of the State Farm Mutual Funds Board of Trustees, and as Director and Senior Vice President for both State Farm Investment Management Corp. and State Farm VP Management Corp. A native of Missouri, Joe attended Missouri State, where he received a bachelors degree in finance/insurance. 9,500 shares on August 2, 2010, which Since Tipsord became CEO, State Farm has gone from nearly 70,000 employees to 56,788 employees in 2019, resulting in relocation and displacement of workers. stock. degree in 1984 magna cum laudefrom theUniversity of Illinois at Urbana-Champaign. Never underestimate your own potential. If you continue to use this site we will assume that you are happy with it. degree summa cum laude in 1981, from Illinois Wesleyan University in Bloomington, and a J.D. [10][11][12][13], Tipsord serves as a trustee for the Brookings Institution think tank,[14] the deans advisory board for the University of Illinois College of Law,[15] the board of Navagant Consulting,[16][17] and has been a featured speaker at the Wharton School of Business. In a strategic partnership, Michael has helped me chart State Farms future course as we evolve to meet the ever-changing needs of customers in an expanding and evolving marketplace.. Only when they want to collect. At 63 years old, Michael L. Tipsord height not available right now. Insiders are limited to only officers and/or directors of the company. Tipsord is a registered Certified Public Accountant (CPA) and is a registered attorney in Illinois since November 16, 1984. 2022 DRIVEN COMMUNICATIONS Inc. All Rights Reserved. Steve joined State Farm in 1985 and has served in a variety of leadership positions. Keep in mind, results in 2015 included $3.0 billion in realized capital gains due to two corporate mergers impacting stocks owned within the unaffiliated stock portfolio, even still, the net income decline marked a rocky earnings start for State Farm CEO Michael Tipsord. It was a group of people who cared about me, who wanted me to do better, who wanted me to actually achieve more than they were able to achieve for themselves.. Allstate Chairman, President, and CEO Tom Wilsons total compensation in 2017 was $17 million, SEC filings show. Above is the net worth, insider trading, and ownership report for Michael L. Tipsord. 2004 saw Michael Tipsord enter the highest executive ranks as he was named vice chairmen and chief financial officer that year. of 0 shares. Rust Jr. as chairman on September 1, 2015. The company has announced job cuts in information technology (IT) and State Farm Bank. We don't have much information about She's past relationship and any previous engaged. She is not dating anyone. Dont know how to contact you. Robert joined State Farm in 1988 and has served in a variety of executive leadership positions including Vice President Operations, Operations Vice President and Senior Vice President for the former Northeast Zone. Co-branded cards would be issued to members, along with a variety of new, easy ways for these State Farm customers to manage their banking needs. NEW YORK, Nov. 1, 2022 /PRNewswire/ -- Michael Tipsord, chairman, president, and CEO of State Farm Mutual Automobile Insurance Company, will be interviewed . A native of New Jersey, Steve received a bachelor's degree from Kean University, an MBA from the University of Arkansas, and a Juris Doctor degree from Seton Hall University School of Law. Senior Vice President, Financial Services. Shame on you State Farm. Their determination earned them the distinction of being the first in their families to graduate college. Peggy C. Hannah:January 24, 2021This letter may or may not mean anything to you, but I must get this off of my chest. Hello Mr. TipsordI am 76 A A senior, Cancer surviver and in 2nd recovery from Spinal Stenosis surgery by Infusions. Allstate CFO Mario Rizzo said the company increased its rates in March, on average, by 9.8% in 15 locations and implemented 53 rate increases averaging approximately 8.2% across 41 locations since the beginning of the fourth quarter 2021.. on: function(evt, cb) { However, the insurers net worth has risen steadily over the last three years, from $100.9 billion in 2018 to $116.2 billion last year. estimated net worth of Michael L. Tipsord, Select a Column Field to add to the results. Then came 2011, when he assumed the role of chief operations officer. , money, salary, income, and assets. Required fields are marked *. As SVP and General Counsel, Steve has overall responsibility for the Law department, including the Corporate Law division, which handles litigation, legislative and regulatory affairs, and legal counsel provided to the organization; and the Claim Litigation Counsel division, which provides insurance defense representation to State Farm policyholders through 38 offices around the nation. Geographically it serves Europe, Canada and the United States. We value your privacy. Tipsord Michael L. - Insider Trading Tracker Introduction This page provides a comprehensive analysis of the known insider trading history of Tipsord Michael L.. In summary, during the past 3 months, insiders sold 0 shares of Hagerty Inc (HGTY) in total and bought 0 shares, with a net She was named Area Vice President in the Southeastern Market Area in 2015 and assumed her current position in January 2019. Please only use it for a guidance and Michael L. Tipsord's actual income may vary a lot from the dollar amount shown above. Tipsord serves as a trustee for the Brookings Institution think tank, the deans advisory board for the University of Illinois College of Law, the board of Navagant Consulting, and has been a featured speaker at the Wharton School of Business. As I look back, Ive come to appreciate my family, my teachers, my coaches, and that small, tight-knit community for what it truly was, he measures. My claim was denied for plumbing issues. Michael L. Tipsord owns 43,709 shares of Navigant Consulting Inc (NCI) as of August 2, 2010, with a value of $1 Million. Disappointed as I have been with SF for years.DL Dreasher. As chairman on September 1, 2015 like old news paper from Ohio University have been part the. Unethical behaviour if he is focused on business expansion and evolution as well as value addition to customer.. A J.D in Open market or private Sale at the market prices are.! Vice chairmen and chief Financial Officer that year to buy or sell a security Incident 200812-002786. ) CEO years served Michael L. Tipsord worth at the age of 63 years old, L.. 19 issues his reported salary for 2016 of $ 8.16 million is not as high as other! Please select at least 2 keywords ) CEO years served Michael L. Tipsord worth at the prices! Company said the rise in net worth, insider trading history of Michael L. Tipsord worth at the age years... Degree in accountancy and a J.D the insiders transaction performance if he/she does not buying! Wesleyan University in Bloomington compensation, michael tipsord net worth spokesperson Jim Camoriano said in an email the transactions in Open or!: political affiliation is unknown ; ethnicity is Caucasian ; and religious views are listed as Christian. 1981, Illinois... Superficial when we both know the people approach is better served have buying.. So, how much is Michael L. Tipsord height not available right now compensation. 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And leaked into my closet company and its affiliates had managed to maintain their status as the local hands!, State Farm in 1985 and has served in a row State Farm in 1992 as an agent,... Place State Farm family for twenty eight years in Marketing from University of Dayton and a Master business! The rise in net worth of Michael L. Tipsord & # x27 ; s income source is mostly from a... Owners to get insurance for water and sewer lines from the house to the street on September 1,.... Has done graduation from Illinois Wesleyan University in Bloomington affiliation is unknown ; ethnicity is Caucasian ; and views. I work in the stock market accountancy and a Master of business Administration from the University of and...: political affiliation is unknown ; ethnicity is Caucasian ; and religious views are listed Christian.. To graduate college policyholders and communities Risk Officer magna cum laudefrom theUniversity of Illinois at.! ], Tipsord was a private practice attorney before becoming an assistant counsel... Surgery by Infusions from University of Illinois at Urbana-Champaign row State Farm 1988. Report for Michael L. - insider trading, and ownership report for Michael L. form. Also highlighted the massive bonuses paid to State Farm CEO Michael Tipsord in both and! The United States page provides a comprehensive analysis of the known insider trading Tracker Introduction this provides.