Stephen Sorenson

Chairman Of The Board Of Directors CEO 2019 2021 at First Electronic Bank

Stephen Sorenson has a diverse work experience spanning several industries and roles. Stephen started their career at AMD as an Engineer in R&D, where they developed new processes for memory and microprocessor chip production. Stephen then moved on to ARCO, where they worked in Strategic Planning, developing quantitative five-year plans and financial models for the company. During their time at ARCO, they also served as the Controller, implementing cost reduction measures and decentralizing the IT department.

After their tenure at ARCO, Sorenson joined the Institute for Research on Learning as the Chief Financial Officer and Treasurer, leading a successful turnaround and securing working capital financing. Stephen later joined Fry's Electronics as the Head of Information Systems and Data Scientist, where they played a key role in turning around the distressed retailer through the design and development of new information systems.

Sorenson then co-founded the American Institute of Mathematics, where they served as a Director and the Executive Director. Stephen introduced a team sports-derived method of proving mathematical conjectures and led collaborative, interdisciplinary teams that resulted in the publication of over a thousand papers.

Stephen'smost recent role was at First Electronic Bank, where they served as the Chairman of the Board of Directors and CEO. Stephen successfully implemented a new strategic direction focused on niche market banking and partner banking. During their tenure, they significantly increased loan originations and sales.

Overall, Stephen Sorenson's work experience showcases their expertise in areas such as engineering, finance, strategic planning, and turnaround management in various industries.

Stephen Sorenson has a Bachelor of Science (BS) degree in Physics from Stanford University. Stephen also holds a Master's Degree in Decision Analysis from the same institution. Additionally, they have pursued a Master of Business Administration (M.B.A.) degree from the Santa Clara University Leavey School of Business. However, specific start and end years for each of these educational experiences were not provided.

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