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State Farm CEO Gets 82% Pay Raise

State Farm Insurance's chairman and CEO Ed Rust Jr. just got a $5.26 million raise. He earned $11.66 million in 2006 with a base salary...
March 13, 2007

State Farm Insurance's chairman and CEO Ed Rust Jr. just got a $5.26 million raise. He earned $11.66 million in 2006 with a base salary of $1.77 million and results-based bonus of $9.89 million, a company statement said. That works out to an 82 percent raise. Rust made $6.4 million in 2005 and $5.5 million in 2004.

State Farm CEO Gets 82% Pay Raise (Insurance Journal 3/7/07)

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