State Farm names Farney as Tipsord’s successor for CEO
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State Farm names Farney as Tipsord’s successor for CEO

Farney will take over as CEO on June 1.

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Michael Tipsord and Jon Farney.jpg
Michael Tipsord (L) and Jon Farney (R)

State Farm president Jon Farney will succeed Michael Tipsord as CEO, effective June 1, the carrier announced Thursday.

Farney joined State Farm in 1993 and has served in a variety of executive leadership roles, including assistant VP, securities products; assistant...

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