Who is state farms CFO?

Who is state farms CFO?

Jon Farney is senior vice president, treasurer and chief financial officer for State Farm Mutual Automobile Insurance Co. As CFO, Jon has responsibility for financial reporting for the State Farm organization, including leadership of the financial operations and strategic resources departments.

What does the CEO of State Farm make?

State Farm Chairman, President and CEO Michael Tipsord’s total compensation in 2017 was $8.5 million, according to documents filed with the Illinois Department of Insurance. That includes a $1.6 million base salary and a $6.9 million incentive-based bonus. May 7, 2018

What movies sponsor State Farm?

the Cars 2State Farm Insurance is the lead sponsor of the Cars 2 “”Agents on a Mission”” tour. In 2006, to promote the release of Cars, Pixar created a commercial for State Farm featuring Lightning McQueen and Mater arriving at the world premiere of Cars.

What is State Farm organizational structure?

The State Farm Insurance Company is actually a family of property, casualty and life insurance companies doing business throughout the United States and Canada. State Farm is a mutual company, which means that the company is owned collectively by State Farm policyholders, and not by shareholders.

Why did State Farm cancel my policy?

If the state suspends or revokes your license, your insurer typically has the right to cancel your policy. Your health status changed. If you were diagnosed with a medical condition that makes it unsafe for you to drive, the insurer may be able to cancel your policy. Jul 15, 2021

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