Karen Whitt Joins MFA Oil
September 4, 2025
MFA Oil’s executive team gained a seasoned financial leader on September 1 with the addition of Karen Whitt as vice president of finance and accounting.
Whitt comes to MFA Oil from The Equity, a cooperative in Effingham, Ill., where she spent 24 years as part of the leadership team, serving as controller, CFO, and, most recently, managing executive officer. She brings more than 30 years of experience in the agricultural industry, beginning her career as an auditor before transitioning into leadership roles with agricultural cooperatives and privately owned ag companies.
Her extensive background includes financial and budget preparation, financial analysis and data governance. Whitt is a graduate of the University of Illinois Urbana-Champaign and holds expertise in accounting, finance and agribusiness.
“Karen’s deep cooperative experience and proven financial leadership will be invaluable as we continue to strengthen MFA Oil’s financial practices and prepare for the future,” said Jon Ihler, MFA Oil President and CEO. “We are excited to welcome her to our team.”