INDIANAPOLIS — The National FFA Organization board of
directors and National FFA Foundation board of trustees approved a new
consolidated management structure that unifies both organizations’ executive
management through a joint governance committee of the two boards, a common
chief executive officer and a common chief financial officer.
The plan, approved unanimously by both boards and the
2013-2014 National FFA officer team, includes implementation of an integrated
management team to increase collaboration and communication across both boards.
“We believe these steps will strengthen FFA and agricultural
education,” said National FFA adviser Steve Brown, who serves as chairman of the
National FFA Organization’s board. “By consolidating our executive and financial
management, we expect better resource alignment, greater performance
accountability, improved financial stability and transparency and speedy
resolution of conflicts of interest.”
The joint governance committee will consist of members of
both boards and work with the common CEO.
The boards approved immediate appointment of W. Dwight
Armstrong as the common CEO. Armstrong currently serves as CEO for the National
FFA Organization and is former chairman of the National FFA Foundation Sponsors’
Board, which supports fundraising campaigns for the foundation.
The common CFO will be responsible for each organization’s
financial standing and performance and will present information and
recommendations directly to the boards.
Coordinated financial reporting will enhance transparency
and help each board execute its fiduciary responsibilities. The committee will
work with Armstrong to fill the CFO position.
“We received considerable input from the field regarding the
proposed actions, and we found broad and deep support,” said Russ Green,
chairman of the National FFA Foundation board of trustees and national accounts
sales manager for AGCO Corp.
“I believe these actions will help FFA be more efficient and
better prepared to address opportunities and issues under the leadership of a
common executive responsible to both boards for achieving results and
The National FFA Organization provides leadership, personal
growth and career success training through agricultural education to more than
579,600 student members in grades seven through 12 who belong to one of
7,500-plus local FFA chapters throughout the U.S., Puerto Rico and the Virgin
Islands. The National FFA Foundation is the fundraising arm of the National FFA