Farmland Partners Inc. Announces Resignation of Toby L. O'rourke as Member of the Board
January 28, 2023 at 02:36 am IST
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On January 24, 2023, Toby L. O'Rourke informed the board of directors of Farmland Partners Inc. of her resignation as a member of the Board, effective immediately. Ms. O'Rourke's resignation was due to her desire to devote more time to her current commitments and priorities associated with her role as Chief Executive Officer of Kampgrounds of America Inc., and was not the result of any disagreements with the Company on any matter relating to the Company's operations, policies or practices.
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire North American farmland and makes loans to farmers secured by farm real estate. The Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. Its portfolio is used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and produce specialty crops, such as almonds, citrus, blueberries and vegetables. In addition, under the FPI Loan Program, it provides loans to third-party farmers (both tenant and non-tenant) to provide financing for property acquisitions, working capital requirements and others. It has over 26 crop types and over 100 tenants.
FARMLAND PARTNERS INC. 
