Farmland Partners Inc. has announced the appointment of Susan Landi as its new Chief Financial Officer (CFO) and Treasurer. Ms. Landi, who has been with the company for over four years, assumed her new role on May 28, 2024, succeeding James Gilligan, who has stepped down as CFO.
The staffing change is part of the company’s ongoing efforts to reduce expenses and improve shareholder returns, according to Farmland Partners Inc. CEO, Luca Fabbri. Fabbri, who also served as the Company’s CFO from 2014 to 2021, expressed confidence in Landi's ability to build upon the work of her predecessor.
Ms. Landi, a seasoned accounting and audit professional with prior experience at Moss Adams and Hein & Associates, holds a B.S. in Accounting from Saint Vincent College, an M.B.A. from the University of Colorado, and is a Certified Public Accountant.
The company, which owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate, currently owns and/or manages approximately 177,400 acres in 17 states. Additionally, it owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand.
The company elected 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.
For further information, you can visit www.farmlandpartners.com or contact Phillip Hayes at [email protected]. Today the company's shares have moved -0.3% to a price of $10.9. If you want to know more, read the company's complete 8-K report here.
