Farmland Partners Inc. Appoints Danny Moore to Its Board of Directors
December 06, 2021 at 07:00 am EST
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Farmland Partners Inc. announced the addition of Danny Moore, a decorated U.S. Navy veteran and business executive, to its Board of Directors, effective November 30. During his 24-year Naval career, Mr. Moore held numerous leadership positions and had the distinction of being the first black male to achieve the rank of Cryptologic Technician Technical Master Chief. He has worked in the aerospace and defense industry since retiring from the military in 2005, including a stint as director of global operations for BAE Systems Inc.Mr. Moore currently owns and operates DeNOVO Solutions, LLC and Thornberry Consulting, LLC, which provide scientific, engineering, technical, and operational support services to the U.S. Department of Defense.
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire North American farmland and makes loans to farmers secured by farm real estate. The Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. Its portfolio is used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and produce specialty crops, such as almonds, citrus, blueberries and vegetables. In addition, under the FPI Loan Program, it provides loans to third-party farmers (both tenant and non-tenant) to provide financing for property acquisitions, working capital requirements and others. It has over 26 crop types and over 100 tenants.