---
schema_version: "secwatch.filing_event.v1"
accession: "0000845877-26-000129"
form_type: "8-K"
ticker: "AGM"
cik: "0000845877"
company_name: "FEDERAL AGRICULTURAL MORTGAGE CORP"
filed_at: "2026-08-14T13:19:07+00:00"
generated_at: "2026-08-14T13:20:04.872995+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Farmer Mac names Maines COO and Pasdar Chief Business Officer, both effective Aug 17

## Summary
- Robert J. Maines appointed EVP – Chief Operations Officer effective Aug 17, 2026; annual salary raised to $440,000.
- Nader Pasdar appointed EVP – Chief Business Officer effective Aug 17, 2026; previously CEO of Rabo Securities.
- Pasdar will report to CEO Zachary Carpenter, who held the role before becoming CEO on July 1, 2026.
- Maines eligible for 2027 long-term incentive grant with target value not less than $225,000.

## SEC filing metadata
- accession: 0000845877-26-000129
- form_type: 8-K
- ticker: AGM
- cik: 0000845877
- company_name: FEDERAL AGRICULTURAL MORTGAGE CORP
- filed_at: 2026-08-14T13:19:07+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845877/000084587726000129/0000845877-26-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845877/000084587726000129/agm-20260812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000845877-26-000129
- JSON: https://secwatch.observer/filing/0000845877-26-000129.json
- Plain text: https://secwatch.observer/filing/0000845877-26-000129.txt

## Key facts
- Executive change
  Robert J. Maines was appointed as Executive Vice President – Chief Operations Officer at FEDERAL AGRICULTURAL MORTGAGE CORP.
  - Action: appointed
  - Role: Executive Vice President – Chief Operations Officer
  source text: On August 12, 2026, the Board of Directors (“Board”) of the Federal Agricultural Mortgage Corporation (“Farmer Mac”) appointed Robert J. Maines (“Mr. Maines”) to serve as Farmer Mac’s Executive Vice President – Chief Operations Officer, effective August 17, 2026 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/845877/000084587726000129/0000845877-26-000129-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.