Farmer Mac, the Federal Agricultural Mortgage Corporation announced that the Board of Directors officially appointed Michael A. Gerber as the president and chief executive director. A member of the Farmer Mac Board since June 2007, Gerber took on responsibility as acting president and CEO in October while the board looked for a new CEO. His past experience includes serving as President and Chief Executive Officer at Farm Credit of Western New York.
Acting Chairman of the Board Lowell Junkins said, “Mike Gerber has provided tremendous leadership to Farmer Mac over the last five months — a critical time period for the company. During his tenure, the company has successfully raised net new capital of $115 million through private investors and implemented a new program to encourage guarantee and purchase transactions with commercial banks and Farm Credit System institutions. Mike has the vision and leadership skills to advance Farmer Mac’s mission and continue Farmer Mac’s invaluable service to rural America.”
If you are interested in purchasing agriculture land, Farm Plus works alongside programs such as Farmer Mac to help people get farm loans or ranch loans. Now is a great time to inquire about farm loans or ranch loans because of low rates. If you are interested in agriculture loans call or visit online for more information about ranch loans or farm loans.
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