Company: AGM-PH
Filing Date: 2025-07-10
Form Type: 8-K
Source: 0000845877-25-000193
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Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-07-10
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) Resignation of Principal Financial Officer

On July 8, 2025, Aparna Ramesh, Farmer Mac’s Executive Vice President - Chief Financial Officer and Treasurer, advised the company that she is resigning effective July 31, 2025 to pursue another opportunity. Ms. Ramesh’s resignation was not related to any disagreement about Farmer Mac’s accounting practices, financial reporting, internal controls, or operations. Farmer Mac plans to retain an executive search firm to conduct a nationwide search for its next Chief Financial Officer.

(c) Appointment of Interim Principal Financial Officer

On July 9, 2025, Farmer Mac’s Board of Directors appointed Gregory N. Ramsey, Farmer Mac’s Vice President - Chief Accounting Officer, to assume the duties of Farmer Mac’s principal financial officer on an interim basis starting August 1, 2025.

Mr. Ramsey, age 61, has served as Farmer Mac’s principal accounting officer since October 2013. He was promoted to Vice President - Controller in May 2018 and to Vice President - Chief Accounting Officer in April 2023. Mr. Ramsey previously served as Farmer Mac’s interim principal financial officer from July 2019 through January 2020. Prior to Mr. Ramsey’s employment with Farmer Mac, he was a Senior Manager at PricewaterhouseCoopers from 2010 to 2013, the Vice President of Accounting Policy at Fannie Mae from 2004 to 2010, and a Professional Accounting Fellow in the Chief Accountant’s Office of the Office of the Comptroller of the Currency from 2002 to 2004. Mr. Ramsey is a Certified Public Accountant.

There is no agreement or understanding between Mr. Ramsey and any other person pursuant to which Mr. Ramsey was appointed as interim principal financial officer, nor is there any family relationship between Mr. Ramsey and any of Farmer Mac’s directors or executive officers. There are no transactions in which Mr. Ramsey has an interest requiring disclosure under Item 404(a) of Regulation S-K. No new compensatory arrangement has been entered into in connection with the appointment of Mr. Ramsey as interim principal financial officer.

Item 9.01 Financial Statements and Exhibits.