Minneapolis-based Appliance Recycling Centers of America Inc. has announced that Edward (Jack) Cameron is retiring as the company's president and CEO and that Mark Eisenschenk has been promoted to fill the position.
Cameron, 74, founded the company in 1976 and served as president, CEO and chairman of the board until announcing his retirement. He will remain with the company and continue to serve as chairman of the five-member board of directors. Cameron will work closely with Eisenschenk to ensure a smooth transition of executive leadership.
"After more than 35 years as the head of ARCA, I believe this is the right time to turn ARCA's leadership over to the next generation,” said Cameron in a statement. “Since joining ARCA, Mark immersed himself in all aspects of ARCA's operations to prepare for his new role as president and CEO. Mark's knowledge of ARCA's business segments, combined with his previously gained experience and skills, give me confidence that ARCA will prosper under his direction."
Under Cameron, the business has grown revenues to more than $130 million with some 400 employees operating throughout North America. Through his extensive involvement in the appliance retail and recycling industries, Cameron was instrumental in helping develop national regulations and standards for the proper management of ozone-depleting refrigerants and has been an active contributor to the development of carbon offset policy in California. Cameron is also responsible for introducing innovative appliance recycling equipment to North America that prevents the release of greenhouse gases into the atmosphere. As ARCA's chairman, Cameron will continue to be a strong advocate for the company, energy efficiency and the environment.
Eisenschenk has served as the company's CEO and president of its wholly owned subsidiary ARCA Recycling Inc., since July 2013. As COO he assumed responsibility for strategic direction and driving performance in the company's day-to-day operations in preparation for Cameron's retirement. Before joining ARCA, Eisenschenk was president of Vanguard Graphics International, LLC, a global graphic arts company, and CEO of Xitron, LLC, a multinational software developer and distributor. He also served in leadership roles at Honeywell International and an EPA regulated company.
"I am excited about leading ARCA's growth in the coming years,” said Eisenschenk in the joint statement. “I appreciate all Jack has taught me about the business this past year and I respect Jack for his many accomplishments as a pioneer in the appliance recycling industry. ARCA has a diverse but interrelated business structure, an enthusiastic team of passionate and competent associates, and a wealth of opportunities, which we plan to pursue aggressively."
ARCA's three business components are uniquely positioned in the industry to work together to provide a full array of appliance-related services. ARCA Advanced Processing, LLC employs advanced technology to refine traditional appliance recycling techniques to achieve optimal revenue-generating and environmental benefits.