David Burlage to Retire as CoBank’s Chief Financial Officer in 2024
DENVER (February 28, 2024) — CoBank, a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, today announced that Chief Financial Officer David Burlage will retire in 2024.
Burlage was appointed as CFO in 2009 and has responsibility for the bank’s treasury, financial planning and analysis, capital planning, accounting, tax and reporting functions. Before that he served for more than seven years in various finance roles at CoBank. Burlage is a member of the bank’s Management Executive Committee and chairs its Asset/Liability and Disclosure Committees.
“It is hard to overstate the contributions Dave has made over more than two decades with our organization,” said Tom Halverson, CoBank’s president and chief executive officer. “Dave’s extensive command of all aspects of corporate finance, his work ethic, and his sincere commitment to the mission of the Farm Credit System have been hallmarks throughout his entire career here, and immensely valuable to our team. We are deeply grateful for his service and wish him the best in his retirement.”
The bank will be launching a formal search process for Burlage’s successor in the near future, and Burlage will assist the bank in ensuring a smooth transition. Burlage’s retirement date has been preliminarily scheduled for June 2024, subject to the appointment of his successor.
About CoBank
CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 77,000 farmers, ranchers and other rural borrowers in 23 states around the country.
CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.