Farmland Partners Inc. Announces that Dr. Joseph Glauber, Former USDA Chief Economist, Joins Board of Directors
DENVER, Feb. 27, 2015 /PRNewswire/ -- The Board of Directors of Farmland Partners Inc. (NYSEMKT:FPI) (the "Company") appointed Dr. Joseph Glauber as an independent director on February 25, 2015.
Dr. Glauber served as the Chief Economist of the U.S. Department of Agriculture (the "USDA") from 2008 to 2014 and as Deputy Chief Economist of the USDA from 1992 to 2007. Dr. Glauber has been active in the agricultural industry since the early 1980s and began working for the USDA in 1984. In addition, Dr. Glauber chaired the Federal Crop Insurance Corporation Board of Directors from 2008 to 2014, served as the chief U.S. agricultural negotiator in the WTO Doha Round from 2007 to 2009 and served on the President's Council of Economic Advisors from 1991 to 1992. Dr. Glauber is currently a Visiting Senior Research Fellow at the International Food Policy Research Institute and, over the course of his career, has written numerous articles about the agricultural industry that have been published in academic and trade journals. Dr. Glauber received an A.B. in Anthropology from the University of Chicago and a Ph.D. in Agricultural Economics from the University of Wisconsin.
"We are pleased to welcome Joe to our Board of Directors," said Paul Pittman, the Company's CEO. "He brings years of experience at the highest levels of the agricultural industry along with demonstrated leadership ability that will further strengthen our Board of Directors and the management of the Company. His understanding of the effect of the global economy on the farming industry will be instrumental as we continue to expand our portfolio and work to further increase shareholder value."
About Farmland Partners Inc.
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality primary row crop farmland located in agricultural markets throughout North America. The Company's portfolio is comprised of 91 farms with an aggregate of 48,528 acres in Illinois, Nebraska, Colorado, Arkansas, Louisiana, Mississippi, and South Carolina, with two farms under contract in South Carolina and Arkansas totaling 1,436 acres. The Company intends to elect and qualify to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.
SOURCE Farmland Partners Inc.
Related Links
http://www.farmlandpartners.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article