Balcones Resources appoints president

Balcones Resources appoints president
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Balcones Resources’ board of directors elected Adam Vehik as president of the Austin, Texas-based corporation Aug. 25, which was effective immediately.

In his new position, Vehik will lead the company in its continued growth following its acquisition of Sarasota, Florida-based Single Stream Recyclers (SSR).

Balcones Resources is an environmental services company that is backed by Closed Loop Partners, which is a circular economy investment firm based in New York. Closed Loop Partners acquired a majority stake in Balcones Resources in October 2019. 

According to a news release from Closed Loop Partners announcing his new role, Vehik served as Balcones’ chief financial officer since February 2011 prior to his appointment as president. Prior to that, Closed Loop Partners says Vehik had a career in finance, law, marketing and strategy and technology commercialization. He spent four years in private equity and worked in the White House during the Clinton Administration. He also held positions in Johannesburg and Granada, Nicaragua, and he helped to conduct expeditions of the Arctic Circle and Australian Outback, studying applications of closed-loop ecosystems in a variety of contexts.

Additionally, for the last five years, Vehik has served as a board member for Hill Country Conservancy, a land trust in central Texas.

Vehik received a juris doctorate and an MBA from the University of Arkansas and a bachelor’s degree in economics from Vanderbilt University.

Balcones Resources processes and sells more than 250,000 tons of recyclables per year in Austin; Dallas; Little Rock, Arkansas; and Sarasota.

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Source: Recycling Today
Balcones Resources appoints president
<![CDATA[Balcones Resources’ board of directors elected Adam Vehik as president of the Austin, Texas-based corporation Aug. 25, which was effective immediately. In his new position, Vehik will lead the company in its continued growth following its acquisition of Sarasota, Florida-based Single Stream Recyclers (SSR). Balcones Resources is an environmental services company that is backed by Closed Loop Partners, which is a circular economy investment firm based in New York. Closed Loop Partners acquired a majority stake in Balcones Resources in October 2019. According to a news release from Closed Loop Partners announcing his new role, Vehik served as Balcones’ chief financial officer since February 2011 prior to his appointment as president. Prior to that, Closed Loop Partners says Vehik had a career in finance, law, marketing and strategy and technology commercialization. He spent four years in private equity and worked in the White House during the Clinton Administration. He also held positions in Johannesburg and Granada, Nicaragua, and he helped to conduct expeditions of the Arctic Circle and Australian Outback, studying applications of closed-loop ecosystems in a variety of contexts. Additionally, for the last five years, Vehik has served as a board member for Hill Country Conservancy, a land trust in central Texas.…