Farm Credit Illinois released a statement Wednesday afternoon, that its 47-year-old CEO Tom Tracy, died unexpectedly Wednesday morning.


Here is the statement released by FCI Wednesday afternoon:


Dear FCI family & friends,

It is with great sadness and heavy hearts that we inform you that our beloved leader and CEO Tom Tracy passed away early Wednesday morning from health complications.

Tom was an extraordinary executive with a brilliant financial mind and a kind and charitable heart. His leadership embodied the Association’s Helping Farm Families Succeed core purpose. Tom had an unwavering commitment to growing a financially strong cooperative for its farmer-owners – all while promoting an engaging and family-like work culture.

Tom joined the Association 10 years ago and began serving as President & CEO in 2015. Prior to joining FCI, he worked 20 years in banking and served as a senior officer and board member of a publicly traded financial institution. He received an undergraduate degree from Southern Illinois University Carbondale and a master's degree in business administration from Eastern Illinois University. He obtained certifications from various banking programs and in risk management from the Kellogg School of Business. Tom served on the board of the Kirby Hospital Foundation in Monticello.

Tom is survived by his parents Thomas and Paula Tracy, of Ivesdale, and his wife Erin and children – Alex and Maggie, of rural Piatt County.

Thank you for your thoughts and prayers for Tom’s extended family and his many dear friends and colleagues.

Yours sincerely,
Eric Mosbey
Chair, Board of Directors
Aaron Johnson
Interim President & CEO


Funeral arrangements are pending.

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