![Michael Tipsord and Jon Farney.jpg](https://assets.euromoneydigital.com/dims4/default/541d634/2147483647/strip/true/crop/840x492+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Ff5%2Ffa%2Fb7d9b507429bb0623676b4fdc998%2Fmichael-tipsord-and-jon-farney.jpg)
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...