People: Federal Agricultural Mortgage Corp (AGM.N)

AGM.N on New York Stock Exchange

18 Oct 2019
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Covington, John 

Mr. John Curtis Covington is Executive Vice President – Chief Credit Officer of Federal Agricultural Mortgage Corp. Mr. Covington was promoted to Executive Vice President – Agricultural Finance from Senior Vice President – Agricultural Finance effective April 11, 2018, and his title was changed to Executive Vice President – Chief Credit Officer effective September 27, 2018. Prior to April 2018, Mr. Covington served as Senior Vice President – Agricultural Finance since January 26, 2015. Prior to joining Farmer Mac in 2015, Mr. Covington served as the Managing Director for the Ag and Rural Banking division at Bank of the West. Prior to joining Bank of the West in 2006, Mr. Covington worked in various loan production and management roles in the Farm Credit System and as a credit administrator at Rabobank, N.A. From 1984 until 2015, Mr. Covington served as an adjunct faculty member in the Department of Agricultural Economics and Craig School of Business at California State University. Mr. Covington also serves as a director and part-owner of the Agricultural Lending Institute in California. Mr. Covington served as the past Chairman of the Agricultural & Rural Bankers Committee of the American Bankers Association and serves as the current Chairman of the Risk Management Association's Agriculture & Agribusiness Credit & Risk Management Round Table. Mr. Covington received a Bachelor of Science degree in Finance from the University of Southern California and a Master's degree in Agribusiness from Santa Clara University.

Basic Compensation

Total Annual Compensation, USD 370,000
Restricted Stock Award, USD --
Long-Term Incentive Plans, USD --
All Other, USD 520,236
Fiscal Year Total, USD 890,236

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --