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Junior Achievement USA Announces New Chairman

 

STATE FARM'S RUTROUGH NAMED CHAIRMAN OF JUNIOR ACHIEVEMENT USA

Colorado Springs, Colo. – James E. Rutrough, vice chairman and chief administrative officer of State Farm® Mutual Automobile Insurance Company, based in Bloomington, Ill., has been named the chairman of Junior Achievement USA, the organization's U.S. region. Rutrough has been on Junior Achievement's U.S. board since September 2003.

As chairman, Rutrough will be responsible for providing strategic direction to Junior Achievement USA. In addition, he will promote support of Junior Achievement within the State Farm network, and will leverage State Farm expertise to support Junior Achievement initiatives.

Rutrough noted, "I am thrilled to expand my role with Junior Achievement—State Farm strongly believes in the impact of JA's work readiness, entrepreneurship, and financial literacy curricula and the value they provide to students."

Jack E. Kosakowski, president of Junior Achievement USA, added, "I look forward to working closely with Jim in the next two years to drive growth and sustainable results for the organization."

Rutrough joined State Farm as a trainee in the Charlottesville, Va., office. After a series of promotions, he was named assistant division manager in the Costa Mesa, Calif., office in 1981. He was promoted to positions of increasing responsibility and was named executive vice president and chief administrative officer in 1998 and senior executive vice president in 2001. He assumed his current position in 2004.

A photo of Mr. Rutrough is available upon request.

About Junior Achievement®
Junior Achievement is the world's largest organization dedicated to inspiring and preparing young people to succeed in a global economy. Through a dedicated volunteer network, Junior Achievement provides in-school and after-school programs for students which focus on three key content areas: work readiness, entrepreneurship, and financial literacy. Today, 139 individual area operations reach more than four million students in the United States, with an additional 4.3 million students served by operations in 118 other countries worldwide. For more information, visit www.ja.org.

About State Farm
State Farm® insures more cars and homes than any other insurer in the U.S., is the leading insurer of watercraft and is also a leading insurer in Canada. State Farm's 17,000 agents and 68,000 employees serve more than 78 million auto, fire, life and health policies in the United States and Canada, and more than 1.9 million bank accounts. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. Being a mutual company that is not publicly traded allows State Farm Mutual to focus on its policyholders and employ a long-term view in serving its customers' needs. State Farm is ranked No. 32 on the Fortune 500 list of largest companies. For more information, please visit statefarm.com® or in Canada statefarm.ca®.

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