New President and CEO Announced; Long-time CEO Ron Carli to Retire in 2014 

SANTA ROSA, CA (December 2013) – On Tuesday, December 3, 2013, Byron E. Enix was named President and CEO of American AgCredit, ACA, effective January 1, 2014. He will replace retiring President and CEO Ron Carli. Mr. Carli retires on January 31, 2014, after 35 years of service to the Farm Credit System.  

Mr. Enix has more than 29 years experience in the Farm Credit System and has served as Executive Vice President and Chief Operating Officer for American AgCredit since February 2012. Currently, Mr. Enix is leading the company through cultural and technology changes as a result of several mergers. He serves as Vice Chairman of American AgCredit’s Management Executive Committee and is a member of both the Asset/Liability Management Committee and the Enterprise Risk Committee. 

“I’m grateful to have the vote of confidence of the Board of Directors to take on this role and plan to do my very best to take this Association into the future for the benefit of our customers,” he said. 

Mr. Enix was raised in Wichita, Kansas, and his family has been involved in agriculture for several generations. After graduating in 1984 from Oklahoma State University with a BS in Agricultural Economics, he began his career as a loan officer in the Vinita, Oklahoma, Federal Land Bank Association and later moved into branch manager positions in Oklahoma and Colorado. He held several management positions, including Senior Vice President‐Lending and Chief Financial Officer at Farm Credit Services of Mountain Plains in Greeley, Colorado, where he served on the Executive Committee and Executive Loan Committee. He became Senior Vice President of Credit at American AgCredit in 2010 and was instrumental in leading a large region through a successful merger integration.  

When he takes the helm of American AgCredit, Mr. Enix will be in charge of all operations of the company which has assets in excess of $6 billion and more than 400 employees.