Farmer Mac names Geraldine Hayhurst as Chief Legal Officer; Stephen Mullery to retire in April 2026

FEDERAL AGRICULTURAL MORTGAGE CORP

Stephen Mullery, EVP-General Counsel & Secretary, to retire on April 3, 2026 after 25 years.
Geraldine Hayhurst appointed EVP-Chief Legal Officer & Secretary effective Sept 8, 2025; previously at CoStar Group and Freddie Mac.
Transition agreement grants Mullery $500k lump sum and $200k in RSUs, contingent on signing a release.
Mullery will serve as senior advisor to Hayhurst until retirement to ensure smooth transition.

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