Five members of the 1st Farm Credit Services Board of Directors have been reelected or reappointed to their posts.
Kevin Aves of Kirkland, David Keller of Mt. Carroll, David Peters of Manteno and John Schmitt of Quincy were all reelected to their posts after elections took place in December. Also, Kathleen Hainline of Stanford was reappointed by the board to an outside director position.
The Board of Directors is comprised of 15 members, 12 of which are elected by the Association's voting stockholders. The board meets regularly to set policy and business direction and to monitor and evaluate operations of the farmer-owned cooperative.
Aves farms with family members in their corn, soybean and wheat operation. He serves as a trustee and treasurer of the Kirkland Community Fire District. Aves previously served as Chairperson on both the Governance and Compensation committees. He also served on the Executive Committee. He has served on the Board since 1992.
Keller farms with a family member in their corn, soybean and hay operation. He served as Chairperson of the Business Operations and Risk Committee. Keller also served on the Executive Committee. He has served on the Board since 1987.
Peters farms with family members, and custom farms in a grain operation, producing wheat, soybeans and corn. He serves as president on the Manteno Township Fire Protection District Fire Commission and director for the Manteno Farmer's Elevator, both in Manteno. He also serves as treasurer of the Kankakee County Soil and Water Conservation District in Bourbonnais. Peters served as Vice Chairperson on both the Governance and Compensation committees. He has served on the Board since 2009.
Schmitt has a corn, soybean, hay and other forages operation. He also has a beef cattle operation. He serves as a director for AgriBank, FCB in St. Paul, MN and Adams County Farm Bureau in Quincy. Schmitt served on the Audit Committee. He has served on the Board since 1995.
Hainline is affiliated with an agriculture risk management consulting/brokerage firm. She has 17 years of auditing experience in financial institutions and agribusiness. She served on the Audit Committee and served as Chairperson of the Governance and Compensation Committees. Hainline has served on the Board since 2009.
Source: 1st Farm Credit Services
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