The Board of Directors of GreenStone Farm Credit Services has named Dave Armstrong as the next President and CEO of the East Lansing, Michigan-based association.

Armstrong, who currently serves as the Executive Vice President of Customer Delivery for GreenStone, will assume full responsibilities for the position on January 1, 2009.  He will succeed Jim Schiller, who is retiring as President and CEO of GreenStone at the end of this year.

Armstrong has nearly 27 years of experience with Farm Credit Services in Michigan.  After his graduation from Michigan State University with a bachelor’s degree in Animal Science, he started his career as a loan officer with the Production Credit Association of Southeastern Michigan in 1981.

In 1985 he transferred to Farm Credit Services of East Central Michigan and assumed the role of branch manager.  He later was promoted to Vice President of Sales and Marketing, and in 1996 he became the Chief Executive Officer of FCS of East Central Michigan.  He served in that role until 1999, when the four Farm Credit associations in Michigan merged to form GreenStone Farm Credit Services, at which time he assumed his current role.

Armstrong has held many community leadership roles over the years, and currently serves as Treasurer for the Michigan FFA Foundation and Board Vice-Chair for Rural Partners of Michigan.

According to GreenStone FCS Board Chairman Lyn Uphaus, the appointment will help provide continuity of direction for the organization and allow it to maintain the momentum it has been building in serving the marketplace.

“The Board of Directors is very pleased with the performance our association has demonstrated over the past several years and we are extremely confident that Dave will be a tremendous leader for our organization going forward,” said Uphaus.

Armstrong looks forward to taking on his new duties within the organization.

“I welcome the opportunity to assume the role of President and CEO of such a great organization,” said Armstrong.  “I look forward to continuing to work closely with our management and staff to help assure that we strive every day to deliver on our mission…to promote the success of our customers and the rural community by being the best at providing credit and financial services.”