Chief Executive Officer (onsite/hybrid)

Chief Executive Officer (onsite/hybrid)

Spencer Stuart is exclusively managing this search. Applications are not accepted through this site. To apply or refer a candidate, contact View email address on click.appcast.io.

About Farm Credit

Farm Credit is a nationwide network of customer-owned financial institutions that provides loans and related financial services to U.S. farmers and ranchers, farmer-owned cooperatives, rural homebuyers, agribusinesses and rural infrastructure providers. As customer-owned cooperatives, Farm Credit institutions are governed by the customers they serve and have a specific mission to support rural communities and agriculture - in good times and bad. Farm Credit loans help U.S. agricultural producers feed the world, rural businesses grow and the rural economy thrive. Farm Credit infrastructure lending helps bring clean water to rural families, modern telecommunications to help rural businesses compete and reliable energy to rural communities. Farm Credit's mission remains just as vital today as it was when we made our first loan more than 100 years ago.

AgriBank FINANCIAL HIGHLIGHTS (as of December 31, 2025)

• Net Income: $1.0 billion
• Total Assets: $205.7 billion
• Loan Volume: $177.9 billion
• Patronage (money returned to customers/owners): $675.0 million
• Credit Quality: 99.2% of loans classified as acceptable
• Liquidity: End-of-the-quarter liquidity was 147 days, well above the regulatory requirement.
• Total Capital: $10.5 billion, well above the regulatory requirement.

The Board of Directors of AgriBank has formed a Search Committee comprised of current directors to initiate a succession process and identify potential, high-quality experienced and CEO-ready talent. The next CEO will partner with the Board of Directors and leadership team to architect and execute the organization's strategy and vision for its next chapter of growth and development. The successful candidate will continue to strengthen and develop a best-in-class leadership team and organizational structure to support AgriBank's strategy and advance the Bank's mission.

The CEO will lead the overall strategic direction and business operations of AgriBank. This includes providing wholesale funding, optional business services, and strategic support to and supervisory oversight of the Bank's member Associations. The CEO will oversee all aspects of the Bank with a focus on accelerating innovation, improving the Bank's offerings and capabilities, driving digital transformation and operational excellence, executing the Bank's District supervisory responsibilities, engaging regulatory and legislative stakeholders in coordination with other Farm Credit System leaders and the Farm Credit Council in advocacy of Farm Credit System priorities. The CEO will foster a results oriented and highly collaborative culture to advance the Bank's mission as a wholesale funding bank and as a critical partner to its District Associations and to the Farm Credit System as a whole. The CEO will also maintain and strengthen AgriBank's reputation and partnership with District entities as well as other leaders and stakeholders across the Farm Credit System to further support the advancement of the Bank's mission and other System-wide initiatives. As CEO of AgriBank, this leader will hold elected director positions on Farm Credit System chartered entities as appropriate including service on the SunStream Business Services board of directors. The CEO will champion, both internally and externally, AgriBank's values and its mission to support economic growth and prosperity across rural America.

KEY RELATIONSHIPS

Reports to: AgriBank Board of Directors

Direct reports:

• Chief Financial Officer
• Chief Credit and Lending Officer
• Chief Risk and Information Officer
• Chief Operations and Strategy Officer
• Chief Human Resources Officer
• Chief Legal Officer and General Counsel
• SVP, Relationship Management
• Executive Business Partner

Other key relationships:

• Farm Credit Administration
• AgriBank District Member Associations
• Other Farm Credit Banks
• Other key stakeholders across the District and Farm Credit System

KEY RESPONSIBILITIES

Strategic Leadership

• Initiate, identify, analyze, and develop key strategic initiatives.
• Lead, coordinate, and contribute to AgriBank's strategic and business planning process.
• Facilitate strategic dialogue between AgriBank senior leadership, Board of Directors and Association senior leadership and boards of directors.
• Execute strategy in partnership with the leadership team and Board of Directors.
• Ensure AgriBank's sustainability as a value-added, multi-generational partner to its member Associations in the Farm Credit System.
• Provide leadership for the Farm Credit System and AgriBank District through participation in various Systemwide boards, committees, and workgroups.

Executive Leadership

• Allocate resources effectively across functions and departments.
• Set and monitor performance standards to achieve the Bank's business strategies, goals and objectives.
• Ensure the confidentiality, security and integrity of the Bank's systems and data.
• Perform additional responsibilities as needed to support the organization's goals and objectives.
• Recruit, develop, and retain best-in-class talent across all levels of AgriBank to driveorganizational performance while building a robust leadership pipeline toensure long-term succession readiness.

Operational and Organizational Leadership

• Provide executive leadership and direction for all business activities, operating within Board policies, Farm Credit Administration regulations and federal, state and local laws.
• Ensure an effective audit function is in place, with strong internal controls maintained.
• Maintain financial strength and stability through a rigorous focus on capital management and return to owners.
• Ensure AgriBank's products and services are competitive and responsive to its clients' needs and ensure District Associations have daily access to funds in all market conditions.
• Institute organizational changes as necessary to maintain effective and efficient operations based on the current and future business plans.
• Balance credit risk management and regulatory oversight through strategies in the areas of compliance, risk scoring, credit underwriting guidance and System/District hold limits.
• Leverage economies of scale and expertise in diligent management of interest rate risk, liquidity, capital, loan participation, and enterprise risk.
• Create an organizational culture that is respectful of people and at the same time challenges and supports employees to engage in achieving AgriBank's mission, purpose and goals.
• Determine the overall organizational structure and staffing.
• Establish, in conjunction with the Board of Directors, the annual performance expectations and goals for AgriBank and its major operating units.

District and System Leadership

• Provide executive leadership and foster collaboration with District and Farm Credit System entities.
• Serve as the principal spokesperson for AgriBank, ensuring that the Bank's values and objectives are effectively communicated to all internal and external stakeholders.
• Represent AgriBank and, when appropriate, District Associations, on a System-wide basis.
• Hold elected director positions in System entities as appropriate, including serving on the SunStream Business Services Board of Directors.
• Persuasively advocate for the value of the System and AgriBank's role within it.
• Maintain effective and collaborative working relationships with Farm Credit entities.

Board of Directors Partnership

• Work closely with the Board Chair to ensure that the Board has regular, open and appropriate levels of communication on the status of plans, projects, financial stability and compliance with the regulatory framework and internal policy framework.
• Present proposed operational budgets to the Board of Directors for approval.

DESIRED OUTCOMES

• Shape and execute a strategy for AgriBank that drives innovation to enable process efficiency, business growth, and increase customer satisfaction to meet and stay ahead of changing market dynamics and maximize the bank's ability to fulfill its mission.
• Continue to enhance AgriBank's reputation, relationships, and partnerships across key stakeholder groups in the District and across the Farm Credit System to support further collaboration and amplify the Bank's impact.
• Nurture and evolve the culture of AgriBank with a focus on decisive execution, collaboration, and mission-orientation.

The AgriBank Advantage

You are the key differentiator in the marketplace and ultimately the most important factor in helping us fulfill our mission to support those who feed the world. We are committed to providing you with a competitive compensation and benefits package - your total rewards for making significant contributions to our business and making a difference on behalf of those we serve.

The typical base range for this role is between $613,000 - $1,012,000. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. The position is eligible for a discretionary annual incentive program driven by organization and individual performance.

Benefits

AgriBank benefits provide safety, security, and peace of mind for you and your family. Through comprehensive Total Rewards, access to financial tools and support, and personal services, our benefits demonstrate that employees' health and financial well-being are of primary importance. Wherever you are on life's continuum or what life transition you experience, our benefits support your health care needs and guide you along the path to retirement.

Collaboration and Staying Connected

• Beautiful office with exceptional space to collaborate with your colleagues and friends
• Monthly employee activities to keep groups connected and have fun!
• Annual Employee Appreciation activities
• Multiple recognition programs to celebrate each other's success

Work and Life

• Paid time off
• Company holidays
• Floating holidays
• Sick time
• Right Work/Right Place hybrid work program
• Dress for Your Day flexible wardrobe policy
• Generous company match on employee donations

Growth and Development

• Employee and leader career development toolkits
• Tuition reimbursement
• Internal and external resources and opportunities to grow personally and professionally

Health, Wellness and Investment/Retirement

• Health care plan alternatives to fit your lifestyle, including:
  • Health Savings Account (HSA) and Flexible Spending Account (FSA)
  • Dental
  • Vision
  • Wellness reimbursement

• Investment and retirement planning
  • Saving today for tomorrow is one of the smartest moves you can make. That's why AgriBank offers you a generous, competitive and flexible 401(k) plan for your financial well-being:
    • Fixed Employer Contribution = 3 percent
    • PLUS, Employer Matching Contribution = $1 for $1 match (vested fully after 4 years) on the first 6 percent of eligible compensation you save
  • Life and disability insurance plans for eligible team members and their families
  • Free exercise facility onsite for all employees
  • Parking and transportation discounts
  • Generous employee referral incentive

Join the dedicated professionals at AgriBank and put your skills to work ensuring farmers and rural communities have the innovative financial solutions they need to feed our neighbors and the world.

AgriBank will not sponsor a work visa (e.g., H1B, etc.) to fill this position.

Applicants requiring a reasonable accommodation for any part of the application process may contact us through the following methods: Phone: View phone number on click.appcast.io or Mail: AgriBank, Attn: Talent Recruiting, 30 E 7th Street, Suite 1600, St. Paul, MN 55101.

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.

AgriBank FCB is an Equal Opportunity Employer (M/W/D/V) dedicated to diversity in the workplace and offers a great work environment. All qualified applicants will receive consideration for employment without regard to race, color, gender, age, religion, national origin, handicapped status, veteran status, public assistance status or other condition or status prohibited by law.

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