Federal Agricultural Mortgage Corporation appointed Robert J. Maines as Executive Vice President – Chief Operations Officer effective August 17, 2026, with an annual salary of $440,000 and a target equity award value of at least $225,000 starting in 2027. The company also announced the appointment of Nader Pasdar as Executive Vice President – Chief Business Officer, effective August 17, 2026, who previously served as CEO of Rabo Securities and Managing Director for Rabobank North America. These executive changes support the leadership team under President and CEO Zachary N. Carpenter. Farmer Mac operates in the agricultural finance industry, providing secondary market liquidity for American agriculture and rural infrastructure.

Federal Agricultural Mortgage Corporation (Farmer Mac) Farmer Mac announced the earlier retirement of CEO Bradford T. Nordholm, effective July 1, 2026, and the appointment of Zachary N. Carpenter to the role of Chief Executive Officer, effective the same date. Mr. Nordholm will serve as a senior advisor and CEO Emeritus until September 30, 2026.