Capital Farm Credit Elects New Chairman and Vice Chairman

Strategic Insights -

The Board of Directors of Capital Farm Credit has announced the election of Kenton B. Kimball as its new chairman, replacing John Malazzo. Kimball, who has served as vice chairman, brings extensive experience in agriculture and rural development to the role. Dale Crenwelge was elected vice-chairman. Both Kimball and Crenwelge have deep roots in Texas agriculture and have served in various leadership positions, including local school boards and economic development organizations. Kimball owns and manages a 4,000-acre farm and stocker cattle operation in Sherman County, while Crenwelge operates agricultural and investment properties in Central and West Texas.

Key Takeaways:

  • Kenton B. Kimball, a 4,000-acre farm and stocker cattle operation owner, has been elected as the new chairman of Capital Farm Credit's Board of Directors, replacing John Malazzo.
  • Dale Crenwelge, an agricultural and investment properties owner in Central and West Texas, has been elected as the vice-chairman.
  • Kimball brings extensive experience in agriculture and rural development to the role, having served as president of the Stratford Independent School Board and Stratford Hospital Board.
  • Crenwelge has a solid background in real estate and business, with a Bachelor of Science degree in civil engineering from Texas A&M University and an MBA from the same institution.
  • The Board of Directors of Capital Farm Credit consists of experienced leaders in agriculture and rural industries throughout Texas.
  • John Malazzo, outgoing chairman, reflected on the cooperative's remarkable growth over the past five years, highlighting the hiring of CFC president and CEO Jeff Norte and the opening of a new headquarters in Bryan-College Station.

Statistics:

  • 4,000 acres: The size of Kimball's farm and stocker cattle operation.
  • 5 years: The timeframe mentioned by John Malazzo over which Capital Farm Credit has experienced remarkable growth.
  • 2: Number of degrees held by Dale Crenwelge, including a Bachelor of Science in civil engineering and an MBA, both from Texas A&M University.

Sources:

  • Globe News Wire, Aug. 04, 2025
  • Capital Farm Credit's Board of Directors