AgriBank FCB CEO William Thone has stepped down after occupying the position for more than a year.
He had been CEO since December 2016 after serving as interim CEO from August 2016. Thone will remain with AgriBank for several months on a consulting basis to ensure a smooth leadership transition before retiring.
AgriBank appointed Jeffrey Swanhorst as his replacement, effective April 2. Swanhorst has served as chief credit officer of AgriBank since August 2011.