The Federal Agricultural Mortgage Corporation announced that Roy H. Tiarks of Council Bluffs, Iowa has been elected as the newest member of the company's board of directors. He replaces Daniel L. Shaw, who did not stand for re-election to Farmer Mac's board. Mr. Tiarks brings significant experience to his role, both from 47 years as an active self-employed farmer and with 36 years' experience serving on the boards of other organizations focused on agricultural finance. His considerable board experience includes serving on the board of directors of: Federal Farm Credit Banks Funding Corporation from 2001 to 2017; AgriBank, FCB from 2003 to 2017; AgAmerica, FCB from 1996 to 2003; PCA of the Midlands from 1986 to 1996; and Agriculture PCA from 1981 to 1985. He served as chairman of the board of all of those organizations. Mr. Tiarks graduated from Iowa State University with a degree in farm operations. Mr. Tiarks joins four other board members elected each year by holders of Class B voting common stock (not listed on any exchange). Five other members are elected each year by holders of Class A voting common stock, and five are appointed by the President of the United States with the advice and consent of the United States Senate.