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>>> Farmland Partners Inc. Appoints Luca Fabbri as President and James Gilligan as Chief Financial Officer


Yahoo Finance

October 11, 2021


https://finance.yahoo.com/news/farmland-partners-inc-appoints-luca-110000977.html


DENVER, Oct. 11, 2021 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) ("Farmland Partners" or the "Company") today announced the appointment of Luca Fabbri as President of the Company, effective immediately. Mr. Fabbri's responsibilities will include portfolio management, new growth initiatives, capital markets and investor relations, and he will continue to report directly to the Chairman and Chief Executive Officer. Prior to his appointment as President, Mr. Fabbri served as Chief Financial Officer and Treasurer of the Company since its inception. Prior to co-founding Farmland Partners, Mr. Fabbri spent over 20 years as an entrepreneur and executive in finance, technology and agriculture.

"Luca helped found Farmland Partners and has been instrumental in helping grow the Company in his role as Chief Financial Officer. As President he will focus on accelerating that growth," commented Chairman and Chief Executive Officer Paul Pittman.

In connection with Mr. Fabbri's appointment as President, the Company announced that it has appointed James Gilligan as Chief Financial Officer and Treasurer, effective immediately. Mr. Gilligan's responsibilities will include overseeing the Company's finance, accounting, treasury, financial planning, and SEC reporting functions. Mr. Gilligan will report directly to the Chairman and Chief Executive Officer. Mr. Gilligan joined Farmland Partners in 2021 as a Consultant, and later as a Vice President in the finance department, after eight years with Equity International, the private equity firm founded by Sam Zell. Mr. Gilligan served in various roles at Equity International, including Chief Financial Officer, Chief Compliance Officer, and Senior Vice President. Prior to Equity International, Mr. Gilligan was an investment professional for Equity Group Investments, the Chicago-based private investment firm founded and led by Sam Zell, and an investment banker for Merrill Lynch & Co.

"James brings a strong track record of driving results and accelerating growth, and we are thrilled to welcome him to our executive team. He complements our strong performance-oriented culture, and we believe his impressive reputation for execution and achieving results makes him the right choice to lead our finance function," said Paul Pittman. "With Luca's appointment as President, and James taking on the role of CFO, we have a strong management team in place to continue the execution of our strategy to drive revenue growth and the continued expansion of our portfolio."

About Farmland Partners Inc.

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland, makes loans to farmers secured by farm real estate, and manages farmland for third parties. As of the date of this release, the Company owns and/or manages approximately 166,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014. Additional information: www.farmlandpartners.com or [phone].

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