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Governance

As a customer-owned financial cooperative, CoBank is governed by a board of directors drawn from the rural industries we serve.

You can find director election information lower down on this page.

Board structure

CoBank’s board uses a committee system to assist in fulfilling its oversight responsibilities. The board has established five standing committees: Executive, Compensation and Human Resources, Audit, Risk and Governance. The board reviews each committee charter annually.

To help ensure that the bank continues to attract a highly qualified and diverse board, CoBank’s board also has independent nominating committee charged with identifying qualified candidates for board membership and reviewing director nominations. No current board member may serve as a member on the nominating committee.

Executive committee

  • Brandon J. Wittman (Chair)
  • Matthew W. Beaton
  • Michael W. Marley

Audit committee

  • Michael S. Brown (Chair)
  • Duane R. Anderson
  • John S. Forlines
  • Michael W. Marley
  • Gary A. Miller

Compensation and Human Resources committee

  • Catherine Moyer (Chair)
  • Russell G. Brown
  • Robert N. McLennan
  • Kevin A. Still

Governance committee

  • Jon E. Marthedal (Chair)
  • William M. Farrow, III
  • Jason T. Lay
  • Brandon J. Wittman

Risk committee

  • Edgar A. Terry (Chair)
  • Matthew W. Beaton
  • Scott R. Hendrix
  • Nathan D. Riggers
  • Sureena S. Bains Thiara

Board elections

2026 Director Special Election

Please complete the Director Candidate Disclosure and Certification Form electronically, sign and date the form by typing your name on the signature page and save as a PDF to your computer. You may also print the Director Candidate Disclosure and Certification Form and complete, sign and date it manually. Prior to completing and submitting the Director Candidate Disclosure and Certification Form, please email Jessica Tindall at jtindall@cobank.com to request copies of Board Policy 2-3, Ethics and Standards of Conduct Program and Board Policy 2-4, Director Responsibilities and Conduct.

Return your completed Director Candidate Disclosure and Certification Form to Jessica Tindall, at jtindall@cobank.com, or by regular mail at CoBank, 6340 S. Fiddlers Green Circle, Greenwood Village, CO 80111, to be received no later than October 28, 2026, by 5:00 p.m. Mountain Time.

Policy, regulations and guidance

Download from cobank.com

CoBank policy 2-5: Director qualifications and elections

This policy establishes the qualifications needed by CoBank directors, the director election procedures, and the nominating committee process.

FCA regulations: Director standards of conduct

This provides an overview of the regulation regarding director standards of conduct.

FCA regulations: Director elections

This provides an overview of the regulation regarding director elections.

Download from fca.gov

The Director's Role

The Director's Role, published by the Farm Credit Administration, is a guide to leading your institution effectively.

The Role of Farm Credit System Nominating Committees

The Role of Farm Credit System Nominating Committees is designed to help directors fulfill one of the most important contributions they can make to their institution — serving on the nominating committee. By serving on this committee, directors contribute to their institution’s leadership and commit ment to good governance.