other_material
confidence high
sentiment neutral
materiality 0.25
Farmer Mac annual meeting elects 10 directors, ratifies PwC, approves say-on-pay
FEDERAL AGRICULTURAL MORTGAGE CORP
- All 10 board nominees elected: 5 by Class A stockholders (Engebretsen, Logan, McKissack, Plagge, Ware) and 5 by Class B (Crawford, Gales, Riel, Sexton, Shaw).
- PricewaterhouseCoopers LLP ratified as independent auditor for 2026 with 1,132,859 votes for, 108,540 against, 63,680 abstain.
- Advisory say-on-pay passed: 918,463 for, 101,861 against, 75,960 abstain, 108,522 broker non-votes.
- Four presidential appointees continue as directors: Junkins (Chair), Wilcher (Vice Chair), Faivre, Stones, serving at pleasure of the President.
- Directors elected serve one-year terms until next annual meeting.
item 5.07item 9.01