Danny Moore
About Danny D. Moore
Danny D. Moore, age 62, has served as an independent director of Farmland Partners Inc. since November 2021. He is President of DeNOVO Solutions, LLC and Thornberry Consulting, LLC (since 2012), following a 24‑year career in the U.S. Navy (retired 2005); he holds an undergraduate degree from Colorado Christian University and an MBA from the University of Phoenix. He serves on the Boards of the Leadership Program of the Rockies (since 2019) and the Colorado Business Roundtable (since 2020), and previously on the University of Denver Graduate School of Professional Psychology Board of Advisors (2018–2020). The Board cites his operational expertise and leadership credentials as qualifications for his directorship.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| DeNOVO Solutions, LLC | President | 2012–present | Provides scientific/engineering/operational support services to U.S. DoD |
| Thornberry Consulting, LLC | President | 2012–present | Provides scientific/engineering/operational support services to U.S. DoD |
| United States Navy | Service member (retired) | 24 years; retired 2005 | Military leadership experience |
| University of Denver Graduate School of Professional Psychology | Board of Advisors | 2018–2020 | Advisory role |
External Roles
| Organization | Role | Tenure |
|---|---|---|
| Leadership Program of the Rockies | Board of Directors | 2019–present |
| Colorado Business Roundtable | Board of Directors | 2020–present |
Board Governance
- Committee assignments: Audit Committee (member), Compensation Committee (member), Nominating & Corporate Governance Committee (chair); all standing committees are composed solely of independent directors.
- Independence: The Board affirmatively determined Moore is independent under NYSE and SEC standards.
- Attendance and engagement: In FY2024, the Board met 4 times; each director then serving attended at least 75% of applicable Board and committee meetings and attended the 2024 annual meeting.
- Lead Independent Director: Role held by Jennifer S. Grafton.
| Committee | Role | Chair? | Meetings (FY2024) |
|---|---|---|---|
| Audit Committee | Member | No | 6 meetings |
| Compensation Committee | Member | No | 3 meetings |
| Nominating & Corporate Governance Committee | Chair | Yes | 3 meetings |
Additional governance features:
- Non‑employee director stock ownership guideline: $100,000; as of December 31, 2024, each of the four non‑employee directors held over $100,000 of stock.
- Independent director executive sessions and lead independent director responsibilities are formalized.
- Compensation recoupment policy adopted; charters and insider trading policies strengthened.
Fixed Compensation
Policy framework (annual):
| Component | Amount |
|---|---|
| Annual director cash fee | $37,500 |
| Committee membership fee (flat per year, regardless of number) | $2,500 |
| Committee chair fees | Audit: $7,500; Compensation: $5,000; Nominating & Corporate Governance: $2,500 |
| Lead independent director fee | $7,500 (with adjustments if also chairs Audit/Comp) |
Danny Moore – 2024 director compensation:
| Item | Amount (USD) |
|---|---|
| Fees Paid in Cash | $42,497 (includes $10,622 taken as 963 unrestricted shares in lieu of quarterly cash retainers) |
| Stock Awards (ASC 718 grant‑date fair value) | $43,160 (restricted stock granted April 29, 2024) |
| Dividends on unvested restricted stock | $1,560 |
| Total | $87,217 |
Notes:
- Director fees are eligible to be taken in equity; Moore elected to receive part of quarterly cash retainers as stock (963 unrestricted shares; $10,622).
- The company reimburses reasonable out‑of‑pocket expenses for Board/committee meetings.
Performance Compensation
- Non‑employee director awards disclosed are time‑based restricted stock grants (ASC 718 values); no director‑specific performance metrics are enumerated in the proxy for director compensation.
Other Directorships & Interlocks
| Company/Organization | Public Company? | Role | Potential Interlock/Conflict Notes |
|---|---|---|---|
| Leadership Program of the Rockies | No | Director | Non‑profit; no disclosed FPI interlock |
| Colorado Business Roundtable | No | Director | Business association; no disclosed FPI interlock |
| DeNOVO Solutions, LLC | Private | President | DoD services; no related‑party transaction disclosed in proxy |
| Thornberry Consulting, LLC | Private | President | DoD services; no related‑party transaction disclosed in proxy |
Expertise & Qualifications
- Operational and leadership expertise from 24 years in the U.S. Navy; post‑service leadership of defense‑focused consulting firms.
- Corporate governance exposure through chairing Nominating & Corporate Governance and service on Audit and Compensation Committees.
- Education: undergraduate degree (Colorado Christian University) and MBA (University of Phoenix).
Equity Ownership
| Holder | Shares Beneficially Owned | % of Outstanding Common Stock | Ownership Guideline Compliance |
|---|---|---|---|
| Danny D. Moore | 23,707 | <1.0% | Company states each non‑employee director held ≥$100,000 as of 12/31/2024 |
Notes:
- Shares outstanding: 45,990,382 as of March 10, 2025.
- Director stock ownership guideline: $100,000 (measured annually using average closing price); Moore is covered by the statement that all four non‑employee directors met the guideline as of 12/31/2024.
Governance Assessment
- Independence and committee leadership: Moore is an independent director and chairs Nominating & Corporate Governance while serving on Audit and Compensation, enhancing oversight of director selection, governance, and pay; all committees are composed solely of independent directors.
- Attendance and engagement: Board met 4 times in FY2024; each director attended ≥75% of applicable meetings and attended the annual meeting, indicating baseline engagement.
- Ownership alignment: Moore elected to take retainers in stock (963 shares; $10,622) and all non‑employee directors met the $100,000 ownership guideline—positive alignment signals.
- Pay structure discipline: Non‑employee director compensation capped at $500,000 (cash plus equity, grant‑date value), and anti‑repricing provisions apply to options/SARs—shareholder‑friendly controls.
- Red flags and conflicts: The proxy sets a robust Related Party Transaction Policy and Audit Committee pre‑approval for auditor services; no related‑party transactions involving Moore are indicated in reviewed sections.
- Board leadership: Lead independent director role (held by Grafton) and regular executive sessions support independent oversight.
Overall, Moore’s tri‑committee participation and chair role in Nominating & Corporate Governance, coupled with stock ownership choices and compliance with director ownership guidelines, signal alignment and active governance involvement; formal caps and anti‑repricing policies further mitigate compensation risk.