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Faculty and Staff

Faculty and Staff 2018-01-23T16:36:39-05:00

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bakraft

Bruce Kraft

Title: Professor of Practice in Finance and Espeland International Fellow
Department: Finance

Office: 3324 Gerdin Business Building
Phone number: (515) 294-1495




Bio

A highly motivated and results driven C-level executive with an extensive track record of accomplishments in world-class companies including General Electric (GE), US Bancorp (USB) and Scantron Corporation (Private/Harland Clarke Holdings). Has demonstrated operational leadership experience working with Sales, Marketing, Product Management, Product Development, Manufacturing, Human Resources, Legal and IT. Exhibits a proven aptitude for implementing innovative strategies that support top line growth and significantly improve working capital, enhance organizational efficiency and generate savings which contribute to business profitability. 

Possesses strong collaborative and advisory leadership skills through industry experience in mid- to large-sized software, information technology, manufacturing, professional services, banking and financial services entities with revenues and assets ranging from $100 million to greater than $1 billion. Has developed broad-based finance and accounting skills with expertise in budgeting, forecasting, financial reporting and analysis, short and long range strategic planning, capital investment, M&A buy and sell-side activity, business integration and development, pricing, working capital and cash flow management, business turn around and SOX compliance. Leverages excellent interpersonal communication abilities to recruit, develop and retain top talent, creating strong teams that are results driven and confident in providing sound advice and counsel to all levels of management.

Academic History

  • MBA, Business Administration, Marquette University, 1993
  • Bachelor of Business Administration, Finance, Iowa State University, 1984

Academic Work Experience

Professor of Practice in Finance and Espeland International Fellow
Iowa State University Ivy College of Business
2019 -

Espeland International Fellow and Lecturer in Finance
Iowa State University Ivy College of Business
2017 - 2019

Professional Work Experience

Entry to Executive Level Positions in Finance
General Electric (GE)
1987 - 2000

Finance Director Consumer Banking
US Bancorp
2000 - 2001

Vice President of Finance
US Bancorp
2001 - 2004

Senior Vice President of Finance
US Bancorp
2004 - 2009

Senior Vice President/CFO
Scantron Corporation
2009 - 2016

Independent Business Consultant/Advisor
2016 -

Expertise

  • Finance & Accounting
  • Software & Technology
  • Banking & Financial Services
  • Manufacturing
  • Strategic Planning
  • Capital Planning & Investment
  • Mergers & Acquisitions
  • Financial Planning & Analysis
  • Business Analytics
  • Business Integration
  • Employee Development