The Golden LEAF Foundation plays a crucial role in N.C. economic development, supporting growth in rural areas formerly reliant on the tobacco industry. Lee's appointment brings valuable expertise to the board.
Jeffrey Lee, a farmer from Johnston County, will join the Golden LEAF Foundation's board of directors.
Lee's appointment comes after the passing of Nash County farmer Jerome Vick, and his term will last until November 2024.
Jeffrey C. Lee Farms, owned by Lee, cultivates sweet potatoes, cotton, soybeans, and tobacco.
The Golden LEAF Foundation manages a fund of over $1.3 billion, which is used to stimulate economic growth in N.C. rural areas.
The foundation aims to support regions that were previously heavily dependent on the tobacco industry.
Lee's appointment brings the total number of board members to 15, with Don Flow, an auto dealership owner from Winston-Salem, serving as the chairman.
The governor, House Speaker, and Senate Pro Tem each make five appointments to the board.
With the appointment of farmer Jeffrey Lee, the Golden LEAF Foundation's board gains valuable insight into the agricultural industry. This appointment highlights the foundation's commitment to supporting rural areas and diversifying their economies.