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New Directors Elected to Bank and Holding Company Board :: News

New Directors Elected to Bank and Holding Company Board

June 17, 2019 (Stuttgart, AR) - Kyle Ludwig and Dr. Chris Morgan have been elected to three year terms of the Board of Directors of The Farmers and Merchants Bank and its holding company Farmers and Merchants Bankshares, Inc. during the official shareholders meeting last month.

Kyle Ludwig is a native of Springdale, AR and resides in Stuttgart with his wife Whitney Ludwig, and their three daughters. A graduate of Springdale High School, he obtained a Bachelor of Science in Marketing from the University of Arkansas at Little Rock. While studying at the University of Arkansas, Ludwig was a member of the golf team. After graduating college he began his career working at Ludwig Distributing Company. He held various positions in the company and currently serves as Vice President and General Manager. Ludwig has more than 20 years of experience with Ludwig Distributors. During his career he has also served as Chairman of the Board of the Wholesale Beer Distributors of Arkansas. He is currently the Treasurer and a member of the board of the Stuttgart Chamber of Commerce.

"His indispensable knowledge of business and the community serves an integral part of his role as our new board member," said President and CEO Gary Hudson. "This organization benefits greatly from the knowledge and expertise he brings to the table."

Dr. Christopher Morgan is a native of Stuttgart, AR. He and his wife Kimberly Morgan have two sons. A graduate of Stuttgart High School, Morgan attended Hendrix College where he received a Bachelor of Arts in Biology. He then studied at UAMS College of Medicine where he became a practitioner of Internal Medicine and Pediatrics. Dr. Morgan practices medicine at the Baptist Health Medical Center in Stuttgart, AR. Morgan also serves as a Board Member for the Stuttgart Memorial Hospital Foundation. In addition to his professional work, his civic activities include serving as Vice-President of the Stuttgart Public School Board and President of the Harry "Butch" Richenback Scholarship Foundation. He is a managing member of Coastal Laboratories of Arkansas and the President of Walker Jones Land Company.

"His extensive business and community leadership background contributes to his qualification as an essential part of our banking family," said Hudson. "We are confident he will enrich our organization as we continue to expand into new markets."

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