The Farm Credit of Maine Board consists of seven directors: six are voting members elected by the members; one is an outside director (not an eligible borrower) appointed by the Board. Directors select management and maintain a check on the progress of the business against a business plan. They bring valuable industry expertise to the Association. The Board challenges management, acts on policies and works with management to set strategic priorities and goals.

In addition to attending six to eight Board meetings a year, directors have the opportunity to participate in regional or national public policy discussions or training programs.
Our customer-elected directors are responsible for representing the best interest of the organization and its borrowers over the long term.

Our election process starts with a Nominating Committee nominating qualified director candidates for open positions. Today the Board is comprised of three southern region directors; two northern region directors; one at-large elected position; and one outside director position.

Meet Our Board:

Chair Hank McPherson
McPherson Timberlands, Inc.
Bangor
Chair (since 2007)
Year Service Began: 1998
Term Expires: 2010

Profile

Owner: McPherson Timberlands, Inc., conducts forest operations supervised by professional foresters and markets forest products with the ultimate goal of complete utilization of all products; pursues timberland acquisitions for its own purposes and for that of investor clients, Hermon, Maine
Education: Attended Husson College

Other Affiliations

Member: Association’s Board Executive Committee
Member: Association’s Board Loan Committee
Member: Association’s Board Executive Compensation Committee

Training and Related Activities

• Leadership Institute for Directors and Governance Retreat, sponsored by Farm Credit Council Services
• National Directors Conference, sponsored by Farm Credit Council
• Farm Credit Council Annual Meeting, sponsored by Farm Credit Council
• CoBank Customer Meetings, sponsored by CoBank
• CoBank/Northeast Association Washington, D.C. fly-in, sponsored by CoBank

Vice Chair Daniel Corey
Daniel Corey Farms and Nu-See Corporation
Monticello
Vice Chair (since 2007)
Chair – Audit Committee
Year Service Began: 1999
Term Expires: 2011

Profile

Owner/Operator: Daniel Corey Farms and Nu-Seed Corporation, producing 500 acres of early generation seed potatoes, 550 acres of barley, 200 acres of forage, and 150 acres of wheat, Monticello, Maine
President: Corey Equipment, Inc., Monticello, Maine
Member: New Brunswick Institute of Agrologists, Fredericton, New Brunswick
Member: Executive Seed Council, Maine Potato Board
Member: Research Committee of the Maine Potato Board, Presque Isle, Maine
Education: University of Maine, Bachelor’s degree in Environmental Studies

Other Affiliations

Chair: Association’s Board Audit Committee
Member: Association’s Board Executive Committee
Member: Association’s Board Loan Committee

Training and Related Activities

• National Directors Conference, sponsored by Farm Credit Councils
• Leadership Institute for Directors and Governance Retreat, sponsored by Farm Credit Council Services
• Farm Credit Council Annual Meetings, sponsored by Farm Credit Council
• CoBank Customer Meetings, sponsored by CoBank
• Audit Committee in a New Era of Governance, sponsored by Harvard University School of Business; Audit Committee training sponsored by PricewaterhouseCoopers
• Director Development Program: Investing in the Future, sponsored by Farm Credit Bank Texas and SW Graduate School of Banking Foundation

Bryan Bell
Bell Bros, Inc.
Mars Hills
Year Service Began: 2001
Term Expires: 2010

Profile

Owner/Operator: Fifth generation potato farming business, along with his father, growing 160 acres for processing, 160 acres for tablestock/seed, and producing 300 acres of barley and 150 acres of covercrop, Mars Hill, Maine
President: Shelby Transfer Trucking Co., Mars Hill, Maine
Director: WFST, local non-profit radio station, Caribou, Maine

Other Affiliations

Member: Association’s Board Audit Committee
Member: Association’s Board Loan Committee
Member: Association’s Board Loan Committee, alternate

Training and Related Activities

• Leadership Institute for Directors and Governance Retreat, sponsored by Farm Credit Council Services
• Farm Credit Council Annual Meetings, sponsored by Farm Credit
• Council CoBank Customer Meetings, sponsored by CoBank

Robert Kuhn
Husson College
Bangor
Board Appointed Director
Year Service Began: 2002
Term Expires: 2011

Profile

Dean of the School of Business and Dean of the School of Law, Husson College, Bangor, Maine
Previously held management positions: Director of Human Resources: Howard Hughes Medical Institute,
Washington, D.C.
Vice President/General Counsel: Purina Mills, Inc., St. Louis, Missouri
Vice President of Employee Relations: Hoover Universal, Ann Arbor, Michigan
Employee Relations Counsel: UOP, Inc., Arlington Heights, Illinois
Labor Counsel: Ralston Purina Company, St. Louis, Missouri
Education: Washington University, Masters of Law, Juris Doctor degree in Law, and Master’s degree in International Affairs
Southern Illinois University, Master’s degree in Finance
Ohio State University, Bachelor’s degree in History

Other Affiliations

Member: Association’s Board Compensation Committee
Member: Association’s Board Executive Committee, alternate
Member: Association’s Board Loan Committee, alternate
Member: Missouri and Illinois Bar Associations
Director: International Assembly of Collegiate Business Education

Training and Related Activities

• Audit Committee Program, sponsored by Farm Credit Council Services
• Leadership Institute for Directors and Governance Retreat, sponsored by Farm Credit Council Services
• Farm Credit Council Annual Meetings, sponsored by Farm Credit Council
• CoBank Customer Meetings, sponsored by CoBank

Allaire Palmer
Highland Farms, Inc.
Cornish
Year Service Began:
1992-95; 1997
Term Expires: 2009

Profile

Associated with: Highland Farms, Inc., a family-owned diversified dairy farm, milking 260 registered Jerseys, the oldest registered Jersey herd in the United States; logging; and a maple syrup operation, Cornish, Maine
Director: Maine Jersey Cattle Club
Member: American Jersey Cattle Association
Member: Cornish Comprehensive Planning Commission
President/Trustee: Cornish Library Association, Cornish, Maine
Education: University of Maine, Bachelor’s degree in Animal Husbandry

Other Affiliations

Director and Vice Chair: In the predecessor association to Farm Credit of Maine
Member: Association’s Board Executive Committee, alternate
Member: Association’s Board Loan Committee
Member: Northeast Agriculture/CoBank AgEnhancement Program Committee, awards financial assistance to regional agricultural trade and educational organizations, Springfield, Massachusetts

Training and Related Activities

• National Directors Conference, sponsored by Farm Credit Council
• Leadership Institute for Directors, sponsored by Farm Credit Council Services
• Farm Credit Council Annual Meeting, sponsored by Farm Credit Council
• CoBank Customer Meetings, sponsored by CoBank

Robert Tetrault
T/R Fish, Inc.
Portland
Year Service Began: 1988
Term Expires: 2009

Profile

Owner: T/R Fish, Inc., a fish brokerage and vessel management company, Portland, Maine
Owner: Two stern trawlers for harvesting groundfish and shrimp, Portland, Maine
Director/Owner: Vessel Services, Inc., Portland, Maine
Partner: Portland Fish Pier Associates
Education: Maine Maritime Academy, Bachelor’s degree in Nautical Science;Numerous training modules: “Audit Committees in a New Era of Governance,” Harvard School of Business

Other Affiliations

Member: Association’s Board Executive Committee
Member: Association’s Board Loan Committee
Association Legislative Officer
Member: Farm Credit System Audit Committee, Jersey City, New Jersey
Director: Farm Credit Council, a service and trade organization, Washington, D.C.
Member: Farm Credit Council Trust Committee, Washington, D.C.
Director: Farm Credit Council Services, a service organization, Denver, Colorado
Director: CoBank, ACB, Denver, Colorado
Member: CoBank Executive Committee, Denver, Colorado
CoBank Representative: Northeast Regional Council, a non-profit trade association for cooperative farm credit organizations, Denver, Colorado
CoBank Representative: Public Policy Committee, coordinating public policy interests of CoBank and the local associations in the Northeast, Springfield, Massachusetts
Member: Lands for Maine’s Future, Waterfront Review Panel

Training and Related Activities

• National Directors Conference, sponsored by Farm Credit Council
• Leadership Institute for Directors, sponsored by Farm Credit Council Services
• Farm Credit Council Annual Meeting, sponsored by Farm Credit Council
• CoBank Customer Meetings, sponsored by CoBank
• CoBank/Northeast Association Washington, D.C. fly-in, sponsored by CoBank
• Audit Committee in a New Era of Governance, sponsored by Harvard University School of Business; Audit Committee training sponsored by PricewaterhouseCoopers
• Director Development Program: Investing in the Future, sponsored by Farm Credit Bank Texas and SW Graduate School of Banking Foundation

Donald White
Prentiss & Carlisle Management Company, Inc.
Bangor
Year Service Began: 2005
Term Expires: 2011

Profile

President/Board Member: Prentiss & Carlisle, a full-service forest products company providing services in timberland and woodlot management, consulting, and contract logging, Bangor, Maine
Education: Husson College, Bachelor’s degree in Accounting

Other Affiliations

Chair: Association’s Board Compensation Committee
Member: Association’s Board Audit Committee
Member: Association’s Executive Committee, alternate
Member: Association’s Board Loan Committee, alternate
Treasurer/Executive Committee Member: Maine Forest Products Council, Augusta, Maine
Board Member: Alliance for Maine’s Future, Augusta, Maine
Treasurer: Maine Forest Legacy PAC, Augusta, Maine
Board Member: North Maine Woods, Ashland, Maine
Member: Friends of the Allagash

Training and Related Activities

• Leadership Institute for Directors, sponsored by Farm Credit Council
• Farm Credit Council Annual Meeting, sponsored by Farm Credit Council
• Audit Committee Training, sponsored by PricewaterhouseCoopers

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