Depot Connect International Welcomes Stan Kolev as CFO to Accelerate Growth Strategy

In a significant move aimed at bolstering its financial strategies and operational excellence, Depot Connect International (DCI) has appointed Stan Kolev as its new Chief Financial Officer (CFO). This announcement comes as DCI continues to solidify its position as a leader in tank container services and logistics solutions, making it pivotal for growth in this competitive landscape.

Stan Kolev's Impressive Background
With over 25 years of robust experience in finance and accounting, Stan Kolev brings a wealth of knowledge and a track record of success that is aligned with DCI's ambitious growth plans. Before joining DCI, Kolev was the CFO at ITS Logistics, a key player in the third-party logistics sector, where he was instrumental in leading the company through a crucial sale to a strategic buyer, managing a revenue base exceeding 1.3 billion USD. His previous tenure at Industrial Service Solutions also highlights his capability; there, he played a vital role in implementing a successful buy-and-build strategy that helped the company more than double its annual revenue from under 300 million to over 550 million USD.

As CFO at DCI, Kolev is tasked with steering the company’s global financial strategy, which encompasses not only financial reporting but also treasury management and merger-acquisition integrations. His depth of understanding in private equity-backed growth strategies will be particularly valuable as DCI embarks on its next phase of expansion.

Vision for DCI's Future
Christopher Synek, CEO of DCI, expressed optimism about Kolev’s appointment, stating, "Stan's extensive private equity experience and his successes in enhancing complex industrial platforms make him the ideal leader for our finance department. His acumen in navigating intricate issues and elevating shareholder value will be crucial as DCI enters its next growth stage. We are excited to welcome him to our leadership team."

Kolev holds two Master of Science degrees—one in Accounting and Taxation from Florida Gulf Coast University and another in Finance from the University of Economy in Varna, Bulgaria. He is also a Certified Public Accountant (CPA) and a Certified Management Accountant (CMA), credentials that further enhance his qualifications for the CFO position.

In his own words, Kolev stated, "I am thrilled to join DCI at such a critical moment in the company’s growth journey. I look forward to working alongside Chris and the entire team to further develop DCI's reputation for operational excellence and provide additional value to our customers and stakeholders."

About Depot Connect International
Depot Connect International stands out in the tank services sector by providing a comprehensive suite of services including tank container cleaning, repairs, maintenance, transportation, and storage. DCI's commitment to excellence not only caters to the evolving needs of its clientele but also aims to expand its reach in key market segments.

For further information about Depot Connect International, visit https://www.depotconnect.com/.

This strategic appointment of Stan Kolev as CFO is expected to instigate a series of improvements in financial management and enhance DCI’s market positioning as it remains vigilant in meeting the challenges and opportunities that lie ahead in the logistics industry.

Topics General Business)

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