Derek Stocking

Derek Stocking Email and Phone Number

Chief Financial Officer at Ag Express Electronics @ Ag Express Electronics Inc
Derek Stocking's Location
Clive, Iowa, United States, United States
Derek Stocking's Contact Details
About Derek Stocking

As a leader in privately held businesses, I strive each and every day to create value! I have a proven track record of growing enterprise value for owners and the value of employees. As an operationally minded CFO, I roll up my sleeves and get my hands dirty. I want to know everything I can about the business and industry that I am working in. I find that this intricate knowledge of a business is priceless when called upon to make very heavy decisions.

Derek Stocking's Current Company Details
Ag Express Electronics Inc

Ag Express Electronics Inc

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Chief Financial Officer at Ag Express Electronics
Derek Stocking Work Experience Details
  • Ag Express Electronics Inc
    Chief Financial Officer
    Ag Express Electronics Inc Jul 2024 - Present
    Des Moines, Iowa, Us
  • Diamond Oil Co
    Chief Financial Officer
    Diamond Oil Co Aug 2023 - Jul 2024
    Responsible for the Finance, HR and IT functions of the business. I work closely with internal stakeholders to improve efficiencies within the business to drive greater profitability. Actively collaborate across the Sales and Operations functions of the business. As CFO, I'm responsible for the integrity of the Company's financial reporting. I manage all banking, insurance and benefits relationships.
  • Library Binding Service
    Chief Financial Officer
    Library Binding Service Aug 2019 - Aug 2023
    Leader of the Accounting, IT and Human Resources functions of a 100 year old, employee owned business. As CFO, I am responsible for the financial continuity of the employee owned business. From an HR perspective, I am accountable for ensuring that LBS provides competitive pay and benefits to all of our employee owners. I work closely with the sales teams in three divisions of the business to ensure our pricing models are accurate and profitable while still being competitive. I strive everyday to break down roadblocks and remove hindrances to improve efficiency and job satisfaction. Notable accomplishments to date:- Structured, closed and integrated two acquisitions in 12 months, the first acquisitions in the Company's 100 year history.- Implemented a new inventory management process that saves 14 labor days per month and provides the sales team with realtime stocking levels.- Streamlined the Company's GL structure by reducing GL accounts while still maintaining the integrity of our financial statements and greatly reducing time spent reclassing expenses and making payroll adjustments.- Established financial KPI's for the business to drive increased profitability.- Proactively works with management, reporting out monthly with a "Month in Review" report that discusses trends in the business and proposes remedies if necessary.
  • Apqs
    General Manager
    Apqs Jan 2017 - Aug 2019
    Carroll, Iowa, Us
    Directs and coordinates activities of Human Resources, Accounting, Operations and other major divisions of the business organization. Provides both operational and programmatic support to the organization and aids department managers in formulating and administering organization policies. Assists will all strategic and tactical matters as they relate to strategic planning, budget management, business development. Effectively executes upon the organization’s strategic plan. Work with the Ownership Group to develop the organization's strategic vision including fostering and cultivating stakeholder relationships, developing new markets, and product development.
  • Hagie Manufacturing
    Cfo
    Hagie Manufacturing Jan 2015 - Jun 2016
    Clarion, Ia, Us
    Provides both operational and programmatic support to the organization. Supervises the Finance, Human Resources, and IT departments. Serves as an advisor on all strategic and tactical matters as they relate to forecasting, budget management, cost benefit analysis and business development.
  • Great Western Bank
    Vice President - Business Banking
    Great Western Bank May 2010 - Jan 2015
    Us
    Great Western Bank is a regional Commercial and Agri-Business bank and has a market footprint in South Dakota, Nebraska, Iowa, Missouri, Kansas, Colorado and Arizona. The bank employs a community bank model that promotes local decision making to provide our clients the best options. Great Western Bank offers a complete suite of banking services including: Revolving Lines of Credit, Equipment Financing, Commercial Real Estate Lending, Bond Financing, International Services, Corporate Credit Cards, Trust Services, 401k Plans, Corporate Treasury Services.
  • First American Bank
    Vice President, Commercial Banking
    First American Bank Jan 2006 - May 2010
  • First American Bank
    Senior Credit Analyst
    First American Bank Mar 2004 - Jan 2006
    Managed a team of analysts responsible for the commercial and private banking underwriting function for the organization (Iowa and Florida). Developed and implemented the Companies first quantitative risk rating system utilizing industry specific metrics to measure the likelihood of loan default. Completed quarterly reports that analyzed the organizations loan portfolio concentration by industry segmentation.
  • First American Bank
    Credit Analyst
    First American Bank Apr 2003 - Mar 2004
    Conduct ad hoc financial statement analysis (Audits, Reviews, Tax Returns) to evaluate credit risk. Assist lending staff in setting loan covenants and loan structure. Complete credit memos for presentation to loan committee.

Derek Stocking Skills

Financial Analysis Finance Strategic Financial Planning Mergers And Acquisitions Budgeting And Forecasting Financial Reporting Financial Modeling Business Restructures Operations Management Negotiation Strategic Planning Financial Risk Treasury Management Cash Management Credit Risk Credit Analysis Accounting Banking Risk Management Relationship Management Refinance Construction Loans Strategic Leadership Manufacturing

Derek Stocking Education Details

  • The University Of Iowa Tippie College Of Business
    The University Of Iowa Tippie College Of Business
    Finance Concentration
  • Drake University
    Drake University
    Finance & Economics

Frequently Asked Questions about Derek Stocking

What company does Derek Stocking work for?

Derek Stocking works for Ag Express Electronics Inc

What is Derek Stocking's role at the current company?

Derek Stocking's current role is Chief Financial Officer at Ag Express Electronics.

What is Derek Stocking's email address?

Derek Stocking's email address is ds****@****gie.com

What is Derek Stocking's direct phone number?

Derek Stocking's direct phone number is +151522*****

What schools did Derek Stocking attend?

Derek Stocking attended The University Of Iowa Tippie College Of Business, Drake University.

What are some of Derek Stocking's interests?

Derek Stocking has interest in Working Out, Children, Volunteer Work, Economic Empowerment, Politics, Home Improvement, Reading, Poverty Alleviation, Golf.

What skills is Derek Stocking known for?

Derek Stocking has skills like Financial Analysis, Finance, Strategic Financial Planning, Mergers And Acquisitions, Budgeting And Forecasting, Financial Reporting, Financial Modeling, Business Restructures, Operations Management, Negotiation, Strategic Planning, Financial Risk.

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