Jim Farrell was appointed deputy chair of the Federal Reserve Bank of Kansas City’s Board of Directors on Jan. 1, 2019 and has served on the head office board since 2015. He previously served as chair of the Omaha Branch Board of Directors. He is president and chief executive officer of Farmers National Company in Omaha, Nebraska, the nation’s largest farm- and ranch-management company. The employee owned company manages 5,000 farms for more than 6,000 landowners and is responsible for 2 million acres of farmland in 25 states. The company is also one of the country’s largest agriculture-related real estate brokerages, selling more than 600 farms and ranches per year. Farmers National’s operations also include an oil- and gas-management division in Tulsa, Oklahoma, with more than 140,000 oil and gas interests under management. Other business lines include appraisal, insurance, consultation, management of hunting leases, forest resource management, and lake management services. The company today has over $8 billion of assets under management.
Mr. Farrell serves on the Board of Directors of the Nebraska LEAD Program, and he is a member of the American Society of Farm Managers and Rural Appraisers (ASFMRA), where he has earned the Accredited Farm Manager (AFM) designation, served as chairman of the organization’s National Meeting Committee and the National Public Relations Committee. He is also a past president of the Nebraska Chapter of the ASFMRA, and a current member of the Editorial Board of AgriMarketing Magazine. He is also a member of the Realtors Land Institute, the Iowa State University chapter, Gamma Sigma Delta Honor Society of Agriculture, the Greater Omaha Chamber of Commerce Agricultural Committee, and the National Agri-Marketing Association.
Mr. Farrell is a past president/chairman of the Downtown Omaha Kiwanis Club. He is also a member of the Leadership Omaha Alumni Association and is a past Boy Scout leader. He has received the Kiwanian of the Year Award and the clubs Tribute Award. Mr. Farrell was recognized by his professional society in 2017 (ASFMRA) with the Buck Stalcup Excellence in Education Award for his work on behalf of the organization.
Mr. Farrell holds a bachelor’s degree from Iowa State University and is an Accredited Farm Manager through the American Society of Farm Managers and Rural Appraisers.Learn more about Mr. Farrell in TEN Magazine.