Farmland Partners Inc. (FPI)

10.84 +0.08 (+0.74%) At close: 04:00PM EDT

Farmland Partners Inc.

4600 South Syracuse Street
Suite 1450
Denver, CO 80237-2766
United States
720 452 3100
https://www.farmlandpartners.com

Sector(s): Real Estate
Industry: REIT - Specialty
Full Time Employees: 25

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Paul A. Pittman	Executive Chairman	1.18M	N/A	1962
Mr. Luca Fabbri	CEO, President & Non-Independent Director	667.83k	N/A	1969
Mr. James Gilligan	CFO & Treasurer	487.86k	N/A	N/A
Mr. Richard Keck	Vice President of Operations	N/A	N/A	N/A
Ms. Christine M. Garrison	General Counsel & Secretary	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of December 31, 2023, 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. The Company has 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.

Corporate Governance

Farmland Partners Inc.’s ISS Governance QualityScore as of April 1, 2024 is 7. The pillar scores are Audit: 7; Board: 9; Shareholder Rights: 9; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.