Compeer Financial Names Wagner as Chief Executive Officer

Wagner, who will officially assume the role on January 1, 2023, will replace longtime leader Rod Hebrink, who plans to retire early next year.

"Wagner has extensive experience, a proven track record and a strong resolve to continue moving the cooperative forward," said Compeer Board Chairman David Peters. "The Board made a commitment to appoint a leader who aligns closely with the mission of Compeer and who will continue to deliver on the strategic direction and positive trajectory we've realized over the past several years. We are confident and excited about Wagner's ability to lead this organization into the future."

Wagner has more than 20 years of experience in the financial services industry, including 13 years within the Farm Credit System. Within Compeer, he previously served as the vice president of capital management and managing director of the organization's Agri-Access division. Prior to joining Compeer Financial, he served as vice president of Allied Capital.

"The opportunity to serve our member-owners in agriculture and rural America in this capacity is the gift of a lifetime," said Wagner. "As the agriculture industry continues to evolve, I believe Compeer Financial is well positioned to serve our clients and rural communities in even more innovative and impactful ways."

Compeer Financial is a member-owned Farm Credit cooperative serving and supporting agriculture and rural communities throughout Illinois, Minnesota and Wisconsin.