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Ag Express Electronics (Ag Express), a leader in the agricultural electronics industry, announced Derek Stocking has joined the company as its Chief Financial Officer. Stocking brings a proven track record of financial leadership and strategic thinking to the role.
Stocking’s most recent experience comes from Diamond Oil Co., where he served as CFO for the past year. There, he played a key role in streamlining operations and strengthening financial reporting across the finance, HR and IT departments.
Prior to Diamond Oil, Stocking made significant contributions to Library Binding Service (LBS) as their CFO for four years. Notably, he spearheaded the successful integration of two acquisitions, implemented efficient financial processes and established key performance indicators (KPIs) that drove increased profitability for LBS.
Stocking’s career encompasses diverse leadership roles, including General Manager and CFO positions in other organizations. He holds a distinguished academic background, earning an MBA in Finance from the University of Iowa Tippie College of Business and a BSBA in Finance and Economics from Drake University.
“Derek brings a wealth of experience and a proven track record of success. His drive and industry knowledge will be a tremendous asset as we continue to shape our future success,” says Eric Randolph, Interim CEO at Ag Express.
“I’m excited to join the organization and to help craft a strategic financial roadmap that fuels growth and long-term success. Together, we’ll build upon the company’s solid foundation and unlock its full potential.”
This appointment underscores Ag Express Electronics’ dedication to fostering a strong leadership team that will propel the company toward continued success..