Partner Emeritus

• Jan 2023 - Present

Vice President

• Jan 2018 - Dec 2022

Effective January 1, 2018, I merged my firm of Hodges & Ballentine LLC with Stokes & Company, CPAs. Stokes & Company is a local accounting firm in Greenville, SC. The firm has many years of professional experience working with individuals and businesses. It is a full-service practice in the areas of accounting, tax preparation, payroll and CFO advisory services. Effective January 1, 2018, I merged my firm of Hodges & Ballentine LLC with Stokes & Company, CPAs. Stokes & Company is a local accounting firm in Greenville, SC. The firm has many years of professional experience working with individuals and businesses. It is a full-service practice in the areas of accounting, tax preparation, payroll and CFO advisory services.

Certified Public Accountant / Chartered Global Management Accountant

• Jan 2013 - Dec 2017

Effective January 4, 2013 In 2013, I acquired the accounting practice of Clark and Ballentine, LLC owned and operated by Dennis Ballentine, CPA. Dennis had served the Greenville community for many years and had decided to retire. I changed the firm's name to Hodges & Ballentine LLC. Effective January 4, 2013 In 2013, I acquired the accounting practice of Clark and Ballentine, LLC owned and operated by Dennis Ballentine, CPA. Dennis had served the Greenville community for many years and had decided to retire. I changed the firm's name to Hodges & Ballentine LLC.

Chief Financial Officer

• Sep 1996 - Dec 2011

Interfilm, a converter and distributor of plastic films with annual sales of approximately $90 million.; Responsibilities included: (1) Oversight of preparation of consolidated financial statements, (2) Management of accounting department, tax reporting, human resources, retirement plans, computer systems and risk management, (3) Banking relations and finance issues, and (4) Participation with other management team members regarding business operations, development and improvement projects. Projects and accomplishments include: Developed reporting format for consolidated financial statements and other sales and operations reports that assisted in the management of business profitability Assisted CEO in matters related to acquisition of a new company and managed the financial integration of that Company in with our existing business. Planned and managed: upgrade of local area computer network system; installation of external network connecting outside plant locations via a frame relay / Citrix system; set-up of company-wide internet connection and establishment of website. Installation of IBM AS400 system and subsequent migration to new server network. Significantly reduced property taxes on machinery of newly acquired company using special state sponsored exemption request process. Prepared a cost / benefit analysis regarding the opening of a new west coast facility. Managed a project to determine the optimal product mix by plant. Developed financing sources and managed process needed to buyout equity partner. Took the company through M&A sale process closed in December 2010

Corporate Controller

• Sep 1989 - Sep 1996

JPS (formerly a Fortune 500 company with sales exceeding $800 million), formed by a 1988 LBO, was a diversified manufacturer of textiles and calendered and extruded plastic materials.; (1) Coordinating four subsidiary controllers and preparing consolidated financial statements, (2) SEC reporting on forms 10-K, 10-Q and 8-K and S-1 registration statements, (3) Supervising the documentation of internal accounting controls, (4) Parent company accounting and financial analyses, (6) Coordinating annual external financial audit, (7) Communication with bondholders, bankers, creditors and investment analysts regarding financial information, (8) Assisting CFO with risk management, (9) Proposing and analyzing financial restructuring alternatives involving debt and equity securities. Projects and accomplishments include: Directed the efforts of staff at subsidiaries to document, evaluate and improve internal controls so as to effectively and efficiently safeguard the company's assets while maintaining customer service and profitability as priorities. Planning and evaluation of new inventory system which utilized remote hand held bar code reading equipment. Due diligence review on potential acquisition and in connection with offering/restructuring transactions and divestitures. Preparation of initial public offering (“IPO”) prospectus for subsidiary spin-off. Set up a subsidiary in England. Proposed, designed and implemented a workers' compensation self-insurance program resulting in a $500,000 annual reduction in insurance costs. Negotiated an equipment lease renewal with a major finance company that was significantly below the lessor’s original proposal for a savings of $200,000. ALLEN A. HODGES

Manager and Partner

• Jun 1977 - Sep 1989

E&Y - advanced to Manager level - 8 Years. Big six" international accounting firm serving local, national and international clients.; Responsible for the planning, administration and review of audit field work and preparation of financial statements and tax returns; also managed computer audit department for Greenville/Spartanburg offices and participated in recruiting new staff on college campus. Clients ranged in size from sales of $1 million to $2 billion. S H & Co. - Partner - 4 Years. CPA firm with clients in various industries including motor freight carriers, construction, retail sales, real estate and manufacturing.; Responsible for audits and financial statement services. Also provided management advisory services and individual, partnership and corporate tax services.