AGM/EGMMay 18, 2026, 04:32 PM
Farmer Mac Stockholders Elect Directors, Ratify Auditor, Approve Exec Comp
AI Summary
Farmer Mac held its Annual Meeting of Stockholders on May 14, 2026. During the meeting, stockholders elected all ten nominated directors, ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, and approved an advisory proposal regarding the compensation of named executive officers. The preliminary voting results for each matter were disclosed.
Key Highlights
- All ten director nominees were elected by Class A and Class B stockholders.
- PricewaterhouseCoopers LLP was ratified as the independent auditor for 2026 with 1,132,859 votes For.
- Advisory proposal for named executive officer compensation was approved with 918,463 votes For.
- Class A directors elected include James R. Engebretsen (606,312 votes), Lyle Logan (503,092 votes), Eric T. McKissack (503,092 votes), Jeffrey L. Plagge (503,592 votes), and Todd P. Ware (502,985 votes).
- Class B directors elected include Dale E. Crawford (627,479.50 votes), Amy H. Gales (435,302 votes), Kevin G. Riel (627,817 votes), Robert G. Sexton (123,427 votes), and Daniel L. Shaw (627,479.50 votes).
- Farmer Mac intends to hold future advisory Say-on-Pay votes annually.
Price Impact
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