The association is managed by a 14-member Management Executive Committee (MEC) who provide strategic direction and leadership for the association, ensuring American AgCredit continues to fulfill its mission to be the best lender to agriculture.
President and Chief Executive Officer
Mr. Hudnutt joined American AgCredit as President and Chief Executive Officer in October of 2020. He previously led the Rural division for Rabobank, North America. Mr. Hudnutt has over 18 years of agricultural banking experience and has served in a variety of leadership roles including operations, business development, underwriting, and risk management.
Executive Vice President and Chief Operating Officer
Mr. Somerhalder was promoted to Chief Operating Officer on March 1, 2014. He previously served as Chief Corporate Strategist since 2013. He has over 35 years experience with Farm Credit in many areas of banking, including lending, credit, risk, and strategy. Mr. Somerhalder serves as a director of Farm Credit System Associations Captive Insurance Company.
Senior Vice President and General Counsel
Ms. Angress was promoted to General Counsel in September, 2013. She previously served as Deputy General Counsel from 2012. She has over 26 years of legal experience, including years of civil and bankruptcy litigation and general legal representation for many local financial institutions.
Senior Vice President and Chief Credit Officer
Mr. Banks has served as Chief Credit Officer since January 1, 2017. He most recently (since March 2013) served as Senior Vice President for American AgCredit, leading the Association’s Credit Management Department. He has over 23 years of service to the Farm Credit System, primarily focused in various lending and credit functions.
Executive Vice President and Chief Disruption Officer
Mr. Hafner currently serves as the Chief Disruption Officer for the Association. Since joining the Association in 2014 he has served as a strategic executive in the Chief Technology Officer role as well as a prior role of Senior Vice President of IT. Prior to joining American AgCredit in 2014, he served as a CIO in the education sector and has dedicated his career to driving strategic results and transformations to fuel business performance.
Chief People Experience Officer
Mr. Hollis joined American AgCredit as Chief People Experience Officer in March of 2021. He brings over 25 years of executive leadership in the agricultural industry. Most recently, Mr. Hollis served as a member of the Executive Team for The Maschhoffs, the fifth largest pork production company in the U.S., leading the people strategies, environmental and sustainability initiatives, and generational transfer programs. Prior to that, Mr. Hollis led Rabobank’s people strategies.
Chief Brand Officer
Ms. Kolell joined American AgCredit as Chief Brand Officer in March 2021. Prior to joining AAC, she led marketing, communications, and sustainability for Rabo AgriFinance. Ms. Kolell has more than 20 years of experience in journalism, public relations, integrated marketing, and corporate communications.
Executive Vice President and Chief Banking Officer
Mr. O’Day currently serves as the Chief Banking Officer for corporate banking. Agribusiness lending and Capital Markets operate under the Corporate Banking umbrella. Prior to assuming the position of Chief Banking Officer, Mr. O’Day served as Senior Vice President–Capital Markets. For the past 26 years, his focus has been in the areas of corporate finance and loan syndications, and he has a total of 37 years of Farm Credit service.
Executive Vice President and Chief Customer Officer
Ms. Olufs currently serves as the Chief Customer Officer where she leads the centers of excellence for customer experience, product development and product delivery, uniting the Association around a common vision and strategy for customer experience from the customer’s perspective. Prior to her current position she served as the Chief Innovation Officer since 2016. She has over 34 years of Farm Credit experience.
Senior Vice President and Chief Risk Officer
Mr. Person currently serves as the Chief Risk Officer and previously served as the Chief Audit Executive since 2017. He previously served as the Director of Operational Audit & Risk. Prior to joining the Association, Mr. Person served as Association’s Engagement Manager for its Risk Consulting Services and several other Farm Credit System Institutions through Crowe, a national Public Accounting firm. Mr. Person is a Certified Internal Auditor and Certified Information Systems Auditor with over 20 years of audit experience within the diversified financial services industry.
Executive Vice President and Chief Strategy Officer
Mr. Rose has served as Chief Strategy Officer since 2021 and previously served as Executive Vice President – Chief Risk Officer since 2013 and Senior Vice President–Risk Management since 2012. He has held risk and financial management roles for the past 29 years in the Farm Credit System.
Executive Vice President and Chief Lending Officer
Mr. Scherler joined American AgCredit as Chief Lending Officer in October 2017. He previously served as President – Strategic Relationship Division for CoBank; as Interim President & CEO of Farm Credit of Southwest Kansas from October 2015 – March 2016; and a number of other relationship and leadership roles at CoBank. Mr. Scherler has a total of 20 years of banking experience, 16 of which have been served in the Farm Credit System, with experience in the areas of relationship management, credit, and strategy.
Gary Van Schuyver
Senior Vice President - Corporate Banking
Mr. Van Schuyver currently serves as the Senior Vice President – Corporate Banking. Prior to assuming the position, Mr. Van Schuyver served as Senior Vice President–Western District. He has over 34 years of service to the Farm Credit System, primarily focused on corporate finance, loan syndications, and agribusiness lending.
Executive Vice President and Chief Financial Officer
Mr. Zander has served as Chief Financial Officer since 2012. He previously served as Vice President–Relationship Manager in the Association’s Capital Markets Group. He is a Certified Public Accountant and has been with American AgCredit for the last 15 years, with a total of 29 years of Farm Credit service.