Farmer Mac Names R. Dale Lynch As New Chief Financial Officer
WASHINGTON, Feb. 11, 2013
WASHINGTON, Feb.11, 2013 /PRNewswire/ --The Federal Agricultural Mortgage
Corporation (Farmer Mac, NYSE: AGM and AGM.A) today announced the appointment
of R. Dale Lynch as Senior Vice President – Chief Financial Officer and
Treasurer of Farmer Mac, effective February15, 2013. Mr.Lynch succeeds
Timothy L. Buzby, who was appointed as Farmer Mac's President and Chief
Executive Officer in October 2012 and continued to serve in his prior role of
Chief Financial Officer and Treasurer during the interim period before Mr.
Mr. Buzby stated, "I am pleased to announce the appointment of Dale Lynch as
Farmer Mac's new Chief Financial Officer and a member of the senior executive
team. Dale brings a wealth of experience to his new role, having a strong
familiarity with capital markets, credit, and investor communications. He is
an experienced business professional with a broad set of financial and
operating skills to lead our finance team. All of us at Farmer Mac look
forward to working with Dale as we build Farmer Mac and fulfill our mission of
serving rural America."
Mr. Lynch stated, "I am proud and excited to serve as the CFO of Farmer Mac.
The company is uniquely positioned to offer solutions to rural lenders that
provide credit to farmers, ranchers, rural utilities, and other rural
businesses. I look forward to working with Tim, the rest of the management
team, and the entire Farmer Mac organization to further Farmer Mac's important
mission and to help ensure the continued growth and prosperity of rural
America while growing the value of Farmer Mac to all its constituencies."
Prior to his appointment at Farmer Mac, Mr. Lynch worked as Vice President of
Finance at U.S. Silica Holdings, Inc., where he helped lead the company's
public company readiness and IPO. Prior to that, he served as Executive Vice
President of Finance of Allied Capital Corporation from 2004 to 2010. From
1989 to 2004, Mr.Lynch held various investment banking and analyst positions
with Lehman Brothers, Deutsche Bank, and Merrill Lynch. Mr.Lynch earned a
B.S. in accounting from The Pennsylvania State University and an M.B.A. from
the University of Chicago, Booth School of Business.
About Farmer Mac
Farmer Mac is a stockholder-owned instrumentality of the United States
chartered by Congress to help increase the availability of credit in rural
America through the operation of a secondary market for eligible loans to
agricultural and rural borrowers. Additional information about Farmer Mac is
available on its website at www.farmermac.com.
SOURCE Farmer Mac
Contact: Richard Eisenberg (Investor Inquiries) or Christopher Bohanon (Media
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