John Koolstra Email & Phone Number

Pella, Iowa

Responsible for all day-to-day treasury operations for the organization. Lead and direct all short-term and long-tern treasury strategies, including the implementation of treasury technologies where applicable. Prioritize and execute multiple treasury and cash management initiatives.1. Manage all global banking relationships.2. Optimize strategically corporate liquidity and debt vs. equity within company accounts and operations, including the consideration of DSO’s, DPO’s, inventory and supply chain financing.3. Lead/execute the preparation of the company’s statement of cash flows and cash flow forecasts to anticipate daily/weekly/monthly cash requirements.4. Lead/execute cash investment strategy consistent with the company’s Investment Policy. Develop and implement cash management and daily cash positioning policies and procedures. Oversee cash related transaction accounting/cash application activities for the company.5. Enhance internal controls and efficiencies of treasury/cash management and recommend new treasury products and/or technologies.6. Optimize balance sheet/capital structure as deemed appropriate considering various debt vs. equity structures.7. Assist with organizing funding alternatives for mergers and/or acquisitions.8. Manage the company’s corporate lines of credit, long-term debt, and all credit agreement covenant compliance programs.9. Oversee and lead the company’s property and casualty insurance risk management program.10. Manage company’s financial risk profile through the hedging of foreign currency, interest rate, commodity and counter party risk.11. Serve as trustee for the company profit sharing and retirement plan.12. Facilitate the bi-annual company stock valuation.13. Provide company executive team with ongoing economic analysis, business insights and analytics.

Responsibilities included: the direction of all Vermeer Corporation accounting, cash and investment functions. Establishing and maintaining all accounting and cash/investment practices, procedures and initiatives. Regular updates to the executive team on financial results, forecasts, budgets, and other financial information.1. Plan and direct all Accounting and Cash/Investment initiatives. Direct annual planning process for the Accounting team and cash/investments team.2. Consolidate all segment and subsidiary annual plans into the annual company financial plan. Prepare monthly sales reporting and monthly financial statements as well as various other financial reports as required. Oversee financial reporting of all company subsidiaries and the group consolidation.3. Serve as Trustee for the company profit sharing and retirement plan.4. Manage all foreign exchange exposure with various hedging programs.5. Manage the external audit process with external audit firm for the company and subsidiaries. Manage all banking relationships, including establishment of the company’s bank lines of credit.6. Serve as subsidiary board member as appointed.

Pella, Iowa

Responsibilities included:• Supervision directly and indirectly of a Treasury Staff of 6.• Management of all fixed income investments.• Directing the preparation of forecasted cash flows and Statement of Cash Flows• Implementation of a Treasury Workstation software system.• Responsibility for the management of all corporate banking relationships.• Arranging for all operating lines of credit / borrowing agreements.• Serving as Trustee for company's Profit Sharing and (401k) Plan, assisting in the selection of a mutual fund options as well as establishment of the Investment Policy.• Responsibility for all foreign exchange risk management and financial/natural hedging programs.• Chairing a Global Treasury Action Team established in late 1998, a cross-functional team that works to find solutions internationally for product financing (retail and wholesale), local currency pricing, hedging programs and worldwide pricing. • Directing the management of International Credit/Receivables.• Setting-up an international floor-planning program, to finance receivables for international dealers, resulting in a substantial increase in sales.• Establishing a Credit Insurance Program for International Receivables and Ag Receivables.• Serving as the company’s risk manager, taking care of insurance matters, including preparation of the annual insurance renewal.• Serving as Member of Board of Directors for distribution subsidiary in Denmark.

Pella, Iowa

Repsonsibilities included:• In 1999 took on responsibility for international credit, hired an international credit manager to establish international credit department, have participated in monthly credit meetings since 1993.• In 1996 hired a Cash Manager to focus on daily cash positioning, reporting, and forecasting.• Gathering of information/and preparation of State and Federal Tax returns for the entire company.• Cash Management, Investments, Borrowing, Bank Relationship Management, Insurance, Retirement Plan Trustee

Pella, Iowa

Responsibilities included:• Establishment and implementation of a Domestic and International Cash Management program.• Compilation of the entire company budget including individual divisional budgets, and consolidation of forecasted sales into a projected income statement. • Cash Management, Investments, Borrowing, Bank Relationship Management, Insurance, Retirement Plan Trustee.

Pella, Iowa

• Daily Cash Management, Wire Transfers, Management of the Bank Investment Portfolio.• Supervision of all Teller, Bookkeeping, Customer Service, Accounting, and Janitorial functions.• Served on Asset/Liability Management Committee.• Purchased all equipment and supplies for the bank.• Maintained all personnel records, payroll, salary administration and other benefit programs.• Supervised all regulatory reporting, call reports, etc.• Prepared annual budget and resulting Balance Sheet and Income Statement.

Pella, Iowa

• Customer Service, IRA's, Certificates of Deposit, Overdraft Management.• Consumer, Real Estate and Agricultural Lending.• Call Report preparation.• Served as member of the Bank's Board of Directors. (January 1986 through February 1989)

Master Of Business Administration (Mba), Business Administration And Management, General

Bachelor Of Business Administration (Bba), Finance, General