Edward B. Rust
June 9, 2011
BLOOMINGTON, Ill. – Illinois Wesleyan University Board of Trustees member and alumnus, Edward B. Rust Jr., was elected vice chairman of the U.S. Chamber of Commerce’s board of directors, which represents more than 3 million businesses across the nation.
Rust, who graduated from Illinois Wesleyan in 1972 with a degree in business administration, is the chairman of the board and chief executive officer of State Farm Mutual and its principal affiliates. Joining State Farm in 1975 at the company’s Dallas, Texas, regional office, Rust became president and chief executive in 1985. He was elected chairman of the board two years later. He has been a member of the IWU Board of Trustees since 1985.
Rust is active in the support of U.S. business. He is the vice chair of Business Roundtable and co-chairman of the Business Coalition for Student Achievement. He serves on the boards of America’s Promise Alliance; the James B. Hunt, Jr., Institute for Educational Leadership; and Achieve, Inc. In addition, he is a member of the boards of directors of Caterpillar Inc., Helmerich & Payne, Inc., and McGraw-Hill Companies. Currently, he also serves as a trustee of The Conference Board and the Committee for Economic Development.
A former chairman of the Business-Higher Education Forum and Business Roundtable’s Education Initiative, Rust also served on the National (Glenn) Commission on Mathematics and Science Teaching for the 21st Century and on the No Child Left Behind Commission. He was co-chair of Business Roundtable for more than seven years. He is also past chairman of the American Enterprise Institute, The Financial Services Roundtable, the National Alliance of Business and the Insurance Institute for Highway Safety.
Along with his bachelor’s degree from Illinois Wesleyan, Rust has a Juris Doctor degree and a master’s of business from Southern Methodist University. He also received an honorary doctorate from Illinois Wesleyan in 1994.
Contact: Rachel Hatch, (309) 556-3960