DENVER, Feb. 18, 2021 /PRNewswire/ -- Farmland
Partners Inc. (NYSE: FPI) (the "Company" or "FPI") announced
today the appointment of Toby O'Rourke to the FPI's
Board of Directors, effective February 11, 2021.
Following the appointment of Ms. O'Rourke as an independent Board
member, the Board will be comprised of six directors, five of whom
are independent.
Ms. O'Rourke has served as the President and Chief Executive
Officer of KOA, Inc. ("KOA"), a franchisor campground operator,
since March 2019. Ms. O'Rourke served
as the President of KOA from March
2018 to March 2019 and the
Chief Operations Officer of KOA from January
2016 to March 2018. Ms.
O'Rourke holds an undergraduate degree from the University of Notre Dame and a Master of Business
Administration from Northwestern
University's Kellogg School of Management.
"Toby's deep marketing and technology experience and her
leadership role in scaling a growing business will be a valuable
addition to our Board of Directors," said Paul Pittman, Chairman and CEO of the Company.
"We've now added extensive experience to our Board with two new
members in the past few months, and we're excited by the collective
expertise the Board will bring to Farmland Partners as we position
the company for long-term growth."
"FPI's position in the market as a relatively new asset class
and its strong focus on growth makes it an exciting time to join
the company," said Toby O'Rourke. "I
look forward to joining this seasoned team on the Board."
About Farmland Partners Inc.
Farmland Partners Inc. is an internally managed real estate
company that owns and seeks to acquire high-quality North American
farmland and makes loans to farmers secured by farm real estate. As
of the date of this release, the Company owns approximately 155,000
acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North
Carolina, South Carolina,
South Dakota and Virginia. We have approximately 26 crop types
and over 100 tenants. 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. Additional information:
www.farmlandpartners.com.
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SOURCE Farmland Partners Inc.