
Since this former accountant was named CEO in 2015, he has tried to instill a numbers and metrics-heavy work environment designed to reward results. He has failed miserably. State Farm’s results since he became CEO have been utterly miserable. He has no people skills, no pulse of the organization and his personal ethics are highly questionable. His senior leadership team are like-minded bean counters whose efforts to reorganize have been a monumental disaster. The behemoth of State Farm in the US insurance industry has fallen and may be going the way of other large corporations such as Sears due to the lack of vision, creativity and an over-dependence on employee metrics. State Farm thrived when it stuck to the culture of being a relationship company. Today, the accountants in charge have the culture only they appreciate, but is not conducive to a growing and energetic work environment that knows that happy employees make for happy customers. The CEO needs to be fired.
I cannot find anyone who approves of the job the current CEO is doing. Instead of referring to the workforce as employees or associates, we are now "resources". The workforce has been dehumanized to make it easier to get rid of. The approval rating of the CEO continues to drop across all company standards. As far as improvement? He needs to leave and the company needs to reassert the family-culture originally built in and return to humanizing the workforce, value their contributions, and trust them to complete the work.
He’s a navel staring beancounter with no clue what makes the 80 million customers really tick. During his tenure the company has lost billions as a result of re-organizational schemes that outside consultants talked him into. The man has no clue...other than his desire to be way overpaid for abysmal performance. If State Farm weren’t a mutual company it would have been acquired by now at a rock bottom price.
Burning bridges with reputable contractors that are there to help is not in the best interest of anyone. Sending out a property adjuster for an estimate that lacks construction or reconstruction experience is ludicrous. Anyone can put numbers into Xactimate. Show more respect for the contractors doing repairs for the benefit of all parties. Vendor network program is a scam.
While I worked there under Jr. it was a great company. As soon as Tipsord took over as CEO the company started falling apart. Coworkers being fired for taking maternity leave. Now this deal with him getting his secretary pregnant is just going to make State Farm look like a bigger joke.
Tipsords initiatives like “policycenter” and “sales force” have all been disastrous. Under his terrible leadership the company hasn’t met its goals in almost 3 years. His only focus seems to be making money and as a result State Farm is no longer competitive. Hopefully the board fires him sooner rather than later.
In his efforts to keep the company moving forward he has destroyed any level of treating the employees with respect. It is clear that he does not understand that when you value the people inn the front line they will fight for you.
This man is a tyrant, treating his most vital agents and execs like pawns in a game, but of course that doesn’t matter when he’s flying in the private jet to a reservation the high roller suite in Vegas. If only policy holders knew...
Changes he is making are terrible and the company is loosing its experienced employees day by day. Those long term employees that are left go to work in shock every day! He needs to be removed.
CEO has no clue about what is going on in the field.....at least from the perspective of people in the field. The feedback he gets is way too filtered. Emperor without clothes, but doesn't want to be told.
Seems like CEO has no clue what he is doing to achieve results. Metrics aren’t working, that has been proven. Losing experienced employees left and right, replacing with people who have no clue what they are doing.
I left SF. Michael Tipsord's running of the company into the ground is one of the major reasons. I can't say what I really think.
If the CEO can't be faithful to his own spouse, how can he be faithful and lead State Farm? Don't think he can, sure miss Mr. Rust.
He has run the best insurance company in the ground. Purposely changing everything for monetary gain and no thought for the policyholders or agents
He is a snake! Glad to know he has not cared about employees or policy holders, but hearing him having an affair....wow....
Trash. He is losing good people due to his terrible leadership and he is losing money. Not a good combination.
He's overpaid and has run the company to the ground. He should be fired.
Met him a few times. A horrible person. Horrible.
He has no clue what he is doing
Listen to those on the front lines.
CEO may be on his way out.
The board should terminate him.
CEO on his way out
Mr. Slate from the Flintstones.
CEO may be out
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