Or at least not in an inexpensive bed. Bloomington based State Farm CEO Ed Rust Jr….
…earned $11.66 million in 2006, including a base salary of $1.77 million and results-based bonus of $9.89 million, spokesman Dick Luedke said Friday. Rust made $6.4 million in 2005 and $5.5 million in 2004.I’m glad he fought those greedy Katrina victims tooth and nail. I mean, who the fuck do those Gulf state pansies think they are, needing a home in which to live. Dammit, Ed Rust does not even get stock options! You can “live” in a cardboard box, but depriving a man of his stock options is just cruel. Bravo State Farm for standing up to the tyranny of natural disaster victims.
“Our goal has been to adjust his compensation to compare more competitively with other organizations like us,” Luedke said, noting that Rust doesn’t receive millions in stock options like other similarly sized, publicly traded Fortune 500 companies.