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 s茅 oltre 25 anni di esperienza nel settore dei servizi finanziari, avendo guidato organizzazioni finanziarie globali presso U.S. Bank e GE. In qualit脿 di CFO, sovraintender脿 i dipartimenti di Controllo, Operazioni Finanziarie e Tesoreria, fornendo leadership nella pianificazione aziendale e strategica.
Il ruolo pi霉 recente di Hoffelt 猫 stato CFO di Global Commercial Payments presso U.S. Bank. Ha conseguito un MBA in Finanza presso l'Universit脿 di St. Thomas e una laurea in Contabilit脿 presso l'Universit脿 del Nord Dakota. Hoffelt succeder脿 a Jeff Moore, che prevede di andare in pensione a met脿 del 2025 dopo oltre 35 anni trascorsi in Farm Credit. Moore rimarr脿 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 m谩s de 25 a帽os de experiencia en la industria de servicios financieros, habiendo liderado organizaciones financieras globales en U.S. Bank y GE. Como CFO, supervisar谩 los departamentos de Controladores, Operaciones Financieras y Tesorer铆a, y brindar谩 liderazgo en la planificaci贸n empresarial y estrat茅gica.
El puesto m谩s 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 suceder谩 a Jeff Moore, quien planea jubilarse a mediados de 2025 despu茅s de m谩s de 35 a帽os en Farm Credit. Moore permanecer谩 en un papel consultivo hasta entonces para facilitar la transici贸n del CFO.
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AgriBank a nomm茅 Brad William Hoffelt comme son nouveau Chief Financial Officer, 脿 compter du 16 septembre 2024. Hoffelt poss猫de plus de 25 ans d'exp茅rience dans l'industrie des services financiers, ayant dirig茅 des organisations financi猫res mondiales chez U.S. Bank et GE. En tant que CFO, il supervisera les d茅partements des contr么leurs, des op茅rations financi猫res et de la tr茅sorerie, et fournira un leadership dans la planification commerciale et strat茅gique.
Le dernier poste de Hoffelt 茅tait CFO des paiements commerciaux mondiaux chez U.S. Bank. Il d茅tient un MBA en Finances de l'Universit茅 de St. Thomas et un dipl么me de premier cycle en Comptabilit茅 de l'Universit茅 du Dakota du Nord. Hoffelt succ茅dera 脿 Jeff Moore, qui pr茅voit de prendre sa retraite 脿 la mi-2025 apr猫s plus de 35 ans pass茅s chez Farm Credit. Moore restera en tant que conseiller jusqu'脿 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 眉ber 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 眉berwachen und F眉hrung in der Unternehmens- und strategischen Planung bieten.
Hoffelts zuletzt ausge眉bte Position war CFO von Global Commercial Payments bei U.S. Bank. Er hat einen MBA in Finanzen von der Universit盲t St. Thomas und einen Bachelor-Abschluss in Rechnungswesen von der Universit盲t von North Dakota. Hoffelt wird Jeff Moore nachfolgen, der plant, Mitte 2025 nach 眉ber 35 Jahren bei Farm Credit in den Ruhestand zu gehen. Moore wird bis dahin in einer beratenden Funktion verbleiben, um den 脺bergang 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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