Farm Credit SEMO Announces New CEO

Board Chairman Mark Yarbro has announced that Robert (Bob) Smith will be the next President and Chief Executive Officer of Farm Credit SEMO. Bob will assume the role of incoming CEO on September 1, 2015 with several months of transition before the retirement of current CEO Ron Milbach towards the end of the year.

Bob currently serves the Association as its Chief Credit Officer and member of the senior leadership team. He has been with the Association for 37 years, 33 of them in his current role and he has made a career of helping farmers fund their operations.

Bob’s vision for the future is bright. We will remain a strong, independent organization under his leadership. He values you as customers and feels our patronage program is a tangible demonstration of that commitment.

Chairman Yarbro thanked CEO Search Committee Chairperson Jennifer Hendrickson and the other directors on the committee for conducting a professional and thorough search to identify our next CEO.

Please join the Board of Directors and the entire staff of Farm Credit SEMO as we thank Ron for his 24 years of outstanding service and congratulate Bob on his new role. We are confident that Bob will continue the tradition of excellence that Ron has instilled in our organization.

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