New CEO at CLYNK Rapidly Expanding Markets and Technology


PRESS RELEASE PR Newswire
 Nov. 1, 2018, 08:00 AM}

SOUTH PORTLAND, Maine, Nov. 1, 2018 /PRNewswire-PRWeb/ — CLYNK (Count and Crush, LLC), a national technology leader in the recycling sector, has named Alison Vanderhoof President and Chief Executive Officer. For the last 18 months, Vanderhoof has served as President of CLYNK, where she has spearheaded a long-term growth effort and helped navigate the continued expansion in New York State as well as new partner opportunities in Iowa and New Brunswick, Canada. CLYNK’s revenue is on track for more than 80% growth versus two years ago.

She succeeds Founder Clayton Kyle who steps up to Executive Chairman.

“This is the ideal culmination of a succession plan that began two-plus years ago when Clayton indicated he’d like to step back from the daily routine,” said Peter Michaud, CLYNK board member. “We appreciate all of his contributions since CLYNK was founded, 12 years ago and wanted to enable his path while not taking our foot off the gas for key growth efforts including national—and international—expansion. We are excited for what lies ahead of CLYNK with Alison at the helm. She has demonstrated an innate ability to identify and capture the right kind of growth—by providing meaningful services and value to both our customers and partners. Internally her focus is on creating a fresh and contagious culture of innovation and enthusiasm for the recycling mission of CLYNK.”

Alison Vanderhoof brings decades of experience to the company and has a solid record of taking customer-centric companies like CLYNK to a higher level. Previously, Ms. Vanderhoof held executive roles leading Emerging Industries at WEX (NYSE: WEX) and the retail-focused business at global e-commerce brand Vistaprint, subsidiary of Cimpress N.V. (Nasdaq: Cimpress N.V.). She also helped to shape the growth of Navteq, the Chicago-based pioneer in GPS and digital mapping and spent her early career at numerous Fortune 500s as a strategy consultant with BCG and Gemini.

“I’m thrilled that Alison is going to lead CLYNK into the future,” said Clayton Kyle, CLYNK’s founder, and newly appointed Executive Chairman. “We were in the right place at the right time to snag her and take advantage of her outstanding breadth of experience. Her career has exposed her to a great many industries and business models, which is a tremendous benefit to a company defining fresh territory. We value both her ability to bring simplicity and structure to complex problems and her gift for motivating a spirited and close-knit team. We look forward to furthering exceptional growth under her steady hand.” Mr. Kyle will be taking on strategic projects but has decided to move away from the day-to-day.

Ms. Vanderhoof describes the next chapter for CLYNK as one of growth, opportunity, and communicating the depth and breadth of the company’s value to customers and to partners. “We have a lot going right, which means unprecedented growth and running at a full sprint while making sure our customers receive the service they deserve. Like a new team, we drill every day to ensure we are grabbing the best among the many opportunities churning in the national recycling market. Simultaneously, we are accomplishing something of a metamorphosis, shifting our positioning to fully acknowledge our role as a multi-community impact business, an industry disruptor, and a technology and marketing partner for many players in container redemption, recycling, and retail. We already hold the innovations, technology, and reputation to do this credibly, it is now a matter of turning up the volume.” She adds a personal note, “This stage in the life of a start-up growth company is an intoxicating adrenaline rush. It’s fun to come to work each day, and the added pleasure of leading this strong team through this transformation is a pretty phenomenal combination.”

Ms. Vanderhoof is also a Vice President of the Board of Directors of Portland Ovations and serves on the PortTix Board. She has been a consultant and advisor to multiple New England-area businesses and non-profits, and actively supports the three local schools attended by her children. Ms. Vanderhoof received an MBA from Kellogg School of Management at Northwestern and an AB in Economics from Princeton University.

About CLYNK
Founded in 2006, CLYNK is one of the fastest growing bottle redemption and recycling services in the country, processing under patented technology over 900 million containers since inception. With this technology, CLYNK is a true disruptor combining a myriad of bottle redemption and traffic driving capabilities on behalf of its partners. Unlike any other bottle redemption service worldwide, CLYNK offers a convenient and easy bag-drop system at retail that eliminates waiting in line, manual count, material separation, and reduces fraud; all concerns which have historically dampened redemption participation and customer satisfaction. CLYNK is also the only bottle redemption system that allows customers to create a personal account, accumulate a balance and use funds at their discretion (for cash, groceries, or electronic donations to community organizations). Headquartered in Maine, the company currently operates in Hannaford Supermarkets in Maine and New York and has licensed technology in Oregon, Iowa and New Brunswick, Canada. To learn more visit Clynk.com.

https://markets.businessinsider.com/news/stocks/new-ceo-at-clynk-rapidly-expanding-markets-and-technology-1027679002#

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