FRANKFORT, Ky. (WTVQ) – Robert “Mac” Stone, of Georgetown, representing horticulture, and David A. Rink, of Finchville, representing livestock farmers, have been named to the Kentucky Agricultural Finance Corporation , representing horticulture farmers across the commonwealth.
“Mr. Stone brings a wealth of knowledge and experience to the KAFC,” said Gov. Andy Beshear. “I believe he will build on the successes of the board to support our rural economy for Kentucky farmers.”
Stone and his wife, Ann, and her family own and operate Elmwood Stock Farm, a certified organic farming operation in Georgetown, which produces products ranging from vegetables and small fruits to grass-fed beef and lamb and pastured poultry and pork.
He brings experience in business, marketing, communications and research from a career dedicated to government, industry and on-farm interests.
“I am thankful to the Governor for the opportunity to work with and learn about a variety of projects and applicants to further enable diversification in Kentucky agriculture,” Stone said.
Stone has held numerous agricultural and community positions during the years, including previously serving as executive director for the Kentucky Horticulture Council, executive director of Kentucky Department of Agriculture’s Office of Agriculture Marketing and Product Promotion, director of Kentucky State University’s Center for Sustainability of Farms and Families and farm manager of Kentucky State University’s Harold R. Benson Research and Demonstration Farm.
Additionally, Stone held the position of ingredient supply consultant for Champion Petfoods and secured the supply of ingredients from Kentucky farms and regional processors for the recently built Champion Petfoods processing facility in Logan County.
Stone is a graduate of University of Kentucky with a B.S. in agronomy and M.S. in animal science.
Stone serves on the Kentucky Occupational Safety and Health Standards Board, Kentucky Organic Advisory Board, Kentucky Center for Agriculture and Rural Development, Organic Association of Kentucky, Lexington Farmers Market and Bluegrass Farm to Table boards.
“In supporting the mission of the KAFC, Mr. Rink’s background in corporate lending will be invaluable to the board,” said Beshear.
Originally from eastern North Carolina, Rink and his wife, Laura, have a small Angus cow-calf operation and hay-cutting business in Shelby County. Rink currently serves as vice president of corporate banking with Old National Bank.
“Agriculture is such a capital intensive business with a tremendous amount of risk,” Rink said. “I’m excited to serve on the KAFC, which supports and mitigates as much risk to farmers to enhance and grow a stronger agribusiness sector of Kentucky.”
Rink is a graduate of Lehigh University with a major in economics and international relations. He has previously held positions in institutional investment management and commercial construction and development.
Among other professional accomplishments, Rink was named in the 2019 Business First’s “20 People to Know in Banking.”
Reared in a military upbringing, Rink’s volunteer work and interests support veterans and first responder organizations. Additionally, Rink and his family are active in their church. He and his wife have two children, Sarah, 16, and Vincent, 13.
Both appointments are effective through June 26, 2024.
The KAFC addresses the unique financing needs of agriculture in the Commonwealth. The mission of the KAFC Board is to strengthen Kentucky agriculture by providing access to low-interest loan programs through partnerships with local lending institutions. KAFC assists beginning farmers, farm families and agribusinesses obtain the necessary capital to establish, maintain or explain their agricultural operations.
For information on the programs offered by the KAFC, contact Ali Hulett, loan programs manager, at 502-782-1760 or visit the KAFC webpage at kafc.ky.gov.