ProPartners Financial (PPF) has announced Tom Levasseur has agreed to become its next President. Levasseur succeeds Chris Mueller who is retiring after a 40-year career with the Farm Credit System, including the last 13 as the leader of PPF.
Levasseur assumes his new role June 30 and will be assisted by Mueller during a transition period into the fall. He brings 27 years of banking experience; most recently as a senior level executive at Rabo AgriFinance. Levasseur held several roles at Rabobank where he worked closely with agribusiness firms including crop input companies. Levasseur holds B.S. and M.B.A. degrees in Finance from Wayne State University in Detroit, MI.
“We’re very excited about the depth and breadth of experience Tom brings to this role and look forward to continued success for PPF,” said PPF Board Chair Marnie Vandenberg, a Senior Vice President with Northwest Farm Credit Services.
ProPartners Financial was formed in 2001 in response to marketplace demand for a source of grower financing at the crop input vendor level. Today PPF serves hundreds of ag retailers by providing financing for their customers. PPF customers include several of the largest firms in the crop input sector. Headquartered in Lake Elmo, Minn. (suburb of St. Paul), ProPartners also has a processing center in Bloomington, IL, offices in Fargo, ND, and Spokane, WA as well as business development officers located nationwide.
The PPF ownership group is comprised of Northwest Farm Credit Services, GreenStone Farm Credit Services, AgStar Financial Services, AgCountry Farm Credit Services, Badgerland Financial, 1st Farm Credit Services, Farm Credit Illinois, Farm Credit Services of North Dakota, Farm Credit Services of Mandan, and United FCS.