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Brandon S. Peters Insurance Bad Faith Law Blog on Lawyers.com

State Farm CEO Gets 2008 Pay Raise, Earns $13.66 Million

Monday, March 16, 2009 by Brandon S. Peters

State Farm's Chairman and Chief Executive Officer Ed Rust earned $13.66 million in 2008, up from $11.71 million in 2007. His salary last year included a bonus based on the company’s performance during strong years of 2005 to 2007. He will earn $9.35 million this year, with his bonus based on the company’s performances in 2006 to 2008.

Source: www.pantagraph.com/articles

Posted at 07:05 AM

Topic: Insurance Bad Faith

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