AgriBank Names Brad Hoffelt Chief Financial Officer
AgriBank has appointed Brad William Hoffelt as its new Chief Financial Officer, effective September 16, 2024. Hoffelt brings over 25 years of experience in the financial services industry, having led global finance organizations at U.S. Bank and GE. As CFO, he will oversee Controllers, Finance Operations, and Treasury departments, and provide leadership in business and strategic planning.
Hoffelt's most recent role was CFO of Global Commercial Payments at U.S. Bank. He holds an MBA in Finance from the University of St. Thomas and a bachelor's degree in Accounting from the University of North Dakota. Hoffelt will succeed Jeff Moore, who plans to retire in mid-2025 after over 35 years with Farm Credit. Moore will remain in an advisory capacity until then to facilitate the CFO transition.
AgriBank ha nominato Brad William Hoffelt come suo nuovo Chief Financial Officer, con effetto dal 16 settembre 2024. Hoffelt porta con sé oltre 25 anni di esperienza nel settore dei servizi finanziari, avendo guidato organizzazioni finanziarie globali presso U.S. Bank e GE. In qualità di CFO, sovraintenderà i dipartimenti di Controllo, Operazioni Finanziarie e Tesoreria, fornendo leadership nella pianificazione aziendale e strategica.
Il ruolo più recente di Hoffelt è stato CFO di Global Commercial Payments presso U.S. Bank. Ha conseguito un MBA in Finanza presso l'Università di St. Thomas e una laurea in Contabilità presso l'Università del Nord Dakota. Hoffelt succederà a Jeff Moore, che prevede di andare in pensione a metà del 2025 dopo oltre 35 anni trascorsi in Farm Credit. Moore rimarrà in un ruolo consultivo fino ad allora per facilitare la transizione del CFO.
AgriBank ha nombrado a Brad William Hoffelt como su nuevo Chief Financial Officer, a partir del 16 de septiembre de 2024. Hoffelt aporta más de 25 años de experiencia en la industria de servicios financieros, habiendo liderado organizaciones financieras globales en U.S. Bank y GE. Como CFO, supervisará los departamentos de Controladores, Operaciones Financieras y Tesorería, y brindará liderazgo en la planificación empresarial y estratégica.
El puesto más reciente de Hoffelt fue CFO de Global Commercial Payments en U.S. Bank. Tiene un MBA en Finanzas de la Universidad de St. Thomas y una licenciatura en Contabilidad de la Universidad de North Dakota. Hoffelt sucederá a Jeff Moore, quien planea jubilarse a mediados de 2025 después de más de 35 años en Farm Credit. Moore permanecerá en un papel consultivo hasta entonces para facilitar la transición del CFO.
AgriBank는 Brad William Hoffelt를 새로운 Chief Financial Officer로 임명했으며, 이는 2024년 9월 16일부로 시행됩니다. Hoffelt는 U.S. Bank 및 GE에서 글로벌 금융 조직을 이끌며 25년 이상의 경험을 가지고 있습니다. CFO로서 그는 회계, 재무 운영 및 재무 부서를 감독하고 비즈니스 및 전략 계획에서 리더십을 제공할 것입니다.
Hoffelt의 최근 역할은 U.S. Bank의 글로벌 상업 결제의 CFO였습니다. 그는 St. Thomas 대학교에서 재무 MBA를 취득하고 North Dakota 대학교에서 회계 학사 학위를 취득했습니다. Hoffelt는 Farm Credit에서 35년 이상 근무한 Jeff Moore의 뒤를 받아 2025년 중반에 은퇴할 계획입니다. Moore는 CFO 전환을 원활하게 하기 위해 그때까지 자문 역할을 수행할 것입니다.
AgriBank a nommé Brad William Hoffelt comme son nouveau Chief Financial Officer, à compter du 16 septembre 2024. Hoffelt possède plus de 25 ans d'expérience dans l'industrie des services financiers, ayant dirigé des organisations financières mondiales chez U.S. Bank et GE. En tant que CFO, il supervisera les départements des contrôleurs, des opérations financières et de la trésorerie, et fournira un leadership dans la planification commerciale et stratégique.
Le dernier poste de Hoffelt était CFO des paiements commerciaux mondiaux chez U.S. Bank. Il détient un MBA en Finances de l'Université de St. Thomas et un diplôme de premier cycle en Comptabilité de l'Université du Dakota du Nord. Hoffelt succédera à Jeff Moore, qui prévoit de prendre sa retraite à la mi-2025 après plus de 35 ans passés chez Farm Credit. Moore restera en tant que conseiller jusqu'à cette date pour faciliter la transition du CFO.
AgriBank hat Brad William Hoffelt als neuen Chief Financial Officer ernannt, der am 16. September 2024 in Kraft tritt. Hoffelt bringt über 25 Jahre Erfahrung in der Finanzdienstleistungsbranche mit, da er globale Finanzorganisationen bei U.S. Bank und GE geleitet hat. Als CFO wird er die Bereiche Controller, Finanzoperationen und Treasury überwachen und Führung in der Unternehmens- und strategischen Planung bieten.
Hoffelts zuletzt ausgeübte Position war CFO von Global Commercial Payments bei U.S. Bank. Er hat einen MBA in Finanzen von der Universität St. Thomas und einen Bachelor-Abschluss in Rechnungswesen von der Universität von North Dakota. Hoffelt wird Jeff Moore nachfolgen, der plant, Mitte 2025 nach über 35 Jahren bei Farm Credit in den Ruhestand zu gehen. Moore wird bis dahin in einer beratenden Funktion verbleiben, um den Übergang des CFO zu erleichtern.
- Appointment of experienced CFO with 25+ years in financial services
- New CFO has led high-performing global finance organizations
- Smooth transition planned with current CFO remaining in advisory role
- None.
Veteran financial executive has led high-performing global finance organizations
As CFO and a member of the AgriBank Executive Leadership Team, Hoffelt will oversee the Controllers, Finance Operations and Treasury departments. His responsibilities will include providing leadership in business and strategic planning.
"We are excited to welcome Brad Hoffelt to AgriBank in this CFO leadership role," said AgriBank CEO Jeffrey Swanhorst. "He brings a wealth of experience and expertise that will continue and build on AgriBank's success in obtaining funding and providing funding and financial solutions to the Farm Credit lenders that are our customers and owners."
Since 2022, Hoffelt has been CFO of Global Commercial Payments at
"I'm thrilled to join AgriBank as CFO," Hoffelt said. "It's especially rewarding to assume a leadership role to support Farm Credit Association-owners and ensure that, together, we continue to provide a reliable and stable source of credit to rural America."
Hoffelt will succeed CFO Jeff Moore, who advised AgriBank of his plan to retire in mid-2025 after more than 35 years with Farm Credit. Moore will remain with AgriBank in an advisory capacity until then to facilitate the CFO transition as well as participate in business and strategic planning.
"We are indebted to Jeff Moore for his many years of leadership at AgriBank," Swanhorst said. "He has championed an effective business model that sustains the strong relationship between the Bank and the Farm Credit lenders in the AgriBank District and enables us, collectively, to fulfill the Farm Credit mission of supporting rural communities and agriculture."
About AgriBank
AgriBank is part of the customer-owned, nationwide Farm Credit System. Under Farm Credit's cooperative structure, AgriBank is primarily owned by local Farm Credit Associations, which provide financial products and services to rural communities and agriculture. AgriBank obtains funds and provides funding and financial solutions to those Associations. AgriBank and those Associations compose the AgriBank District. The District covers a 15-state area stretching from
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SOURCE AgriBank
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