Elder Rasband was born in Salt Lake City, Utah, in 1951. He married Melanie Twitchell in 1973. They are the parents of five children and have twenty-two grandchildren. Elder Rasband attended the University of Utah. In 1995, Utah Valley University awarded him an honorary Doctorate of Business and Commerce. In 1976 he joined Huntsman Container Company as a sales representative, and in 1987, he was appointed President and Chief Operating Officer of Huntsman Chemical Corporation. Elder Ronald A. Rasband was named an Apostle of The Church of Jesus Christ of Latter-day Saints on October 3, 2015.