Ag Processing Inc. a cooperative (AGP) | Inside Business

Ag Processing Inc a cooperative (AGP) Announces Retirements, Succeeding Leaders Scott Simmelink Kyle Droescher Ernie Kiley Lou Rickers Scott Simmelink, AGP Group Vice President and Chief Financial Officer (CFO), is retiring at the end of 2020. Simmelink has been with the company since January 2013 leading AGP’s accounting, finance, tax, internal audit, and information technology functions. Prior to AGP, Simmelink served for over 30 years in progressive and successful leadership roles at companies including Consolidated Container, Inacom, and Coleman. Kyle Droescher, AGP Vice President of Finance, will succeed Simmelink as AGP’s Group Vice President and CFO effective January 2021. Droescher joined AGP as the Director of Finance in 2012. Droescher has more than 28 years of work and leadership experience in accounting, audit, business management, and finance. Prior to AGP, he was Chief Financial Officer at Independent Printers Worldwide, Director of Strategic Planning at UPS Freight, and Manager of

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Hydrocarbons Accounting Solution Market 2020 Global Future Growth, Leading Players, Industry Updates, Business Prospects, Forthcoming Developments and Future Investments by Forecast to 2026

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Oct 03, 2020 (The Expresswire) —
Global “Hydrocarbons Accounting Solution Market” Global report 2020 presents a point by point analysis of the key trends, opportunities, challenges, and growth drivers of the market. Hydrocarbons Accounting Solution Market research report states Scenario by Region/Country. Hydrocarbons Accounting Solution market is expected to develop at a very crucial CAGR in the destiny duration because the scope and its applications are growing spectacularly worldwide. Hydrocarbons Accounting Solution Market sort data by Segment by Type, Application and Marketing Channel. Hydrocarbons Accounting Solution Market report states Market investment scenario by market share, market growth (value and volume).

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The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next

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Westpac sells vendor finance business to focus on core banking

(Reuters) – Australia’s Westpac Banking Corp on Friday agreed to sell its vendor finance business to a U.S. private equity firm, as part of its strategy to focus on core banking operations and trim its portfolio of underperforming businesses.

The unit, which supports third parties to fund small-scale equipment finance loans, would be sold to Angle Finance, a portfolio company of Cerberus Capital Management, Westpac said.

Westpac did not specify the deal value, but said it expects a small accounting loss on the sale and negligible impact on the bank’s balance sheet and capital ratios.

The deal will result in the transfer of about A$500 million ($359.80 million) worth of Westpac’s customer loans, and is expected to be completed by the end of April 2021.

In May, the Australian bank kicked off a review of its underperforming divisions including wealth platforms, superannuation and retirement products, insurance and auto finance businesses.

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