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Farmer Mac Announces Geraldine Hayhurst as New Chief Legal Officer

Federal Agricultural Mortgage Corporation (AGM) | August 18, 2025

By Olivia Collins

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The Federal Agricultural Mortgage Corporation (Farmer Mac) announced the appointment of Geraldine Hayhurst as Executive Vice President - Chief Legal Officer and Secretary.

Current Executive Vice President - General Counsel and Secretary, Stephen Mullery, will retire on April 3, 2026, after 25 years of service.

During his tenure, Stephen Mullery played a crucial role in strengthening Farmer Mac financially and operationally, focusing on ethical culture and effective corporate governance.

Leadership Transition

Geraldine Hayhurst appointed as new Chief Legal Officer, replacing Stephen Mullery who will retire after 25 years of service.

Experience and Expertise

Ms. Hayhurst brings over two decades of legal experience, having served in leadership roles in various corporations, including CoStar Group, Inc. and NewPoint Real Estate Capital.

Positive Outlook

Company executives express confidence in Hayhurst's leadership abilities and her alignment with Farmer Mac's mission and values.

  • The appointment of Geraldine Hayhurst signals a strategic move by Farmer Mac to bring in a seasoned legal professional to lead their legal affairs and continue driving growth and ethical practices within the company.
  • Stephen Mullery's retirement marks the end of an era at Farmer Mac, as he played a significant role in shaping the company's legal framework and corporate governance for over two decades.

The appointment of Geraldine Hayhurst as Chief Legal Officer marks a significant transition for Farmer Mac, emphasizing the importance of strong legal leadership in maintaining ethical standards and driving corporate governance. Stephen Mullery's retirement paves the way for a new chapter in the company's legal department.