Tom is President and CEO of Wagner Forest Management, Ltd. of Lyme, NH, a position he had held since 1994. He previously worked for Scott Paper Company in Maine. Tom holds forestry degrees from Duke University.
As noted in this post, Charlie is stepping down from the board. The Board of Directors started a process about a year ago to replace Charlie. While Yankee's second largest industry concentration is the timber industry, Yankee has never had a director from this industry. The board amended the bylaws so that the position held by Charlie could be held by either a non-member (i.e., an outside director such as Charlie) or a member who was appointed by the other directors. The Farm Credit Administration has encouraged institutions to use appointed directors to achieve desired diversity on the board. Tom is Yankee's first appointed director.
Tom's appointment is effective with the close of annual meetings in April. He plans to attend all four annual meetings to meet members. Tom, welcome aboard!
