Tony Van Slyke has been hired as the Chief Financial Officer (CFO) and will be accountable for the administrative, financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
The hire comes on the heels of a new micro fines plant being commissioned as well as additional technology systems being built and installed at the company’s primary processing facility in Owego.
“We have completed an extensive vetting and interview process of the top financial executives, both inside and outside of our industry. As we continue the growth and expansion of our footprint throughout the Northeast, it is extremely important that we secure the best possible CFO to manage the finances companywide. With the hiring of Mr. Van Slyke, we are confident that we have the best executive for the job and we are happy to have him join our growing team,” commented Adam Weitsman, CEO of Upstate Shredding – Weitsman Recycling.
As Chief Financial Officer, Van Slyke will be responsible for controllership duties, which includes presenting and reporting accurate and timely historical financial information of the company. In addition, Van Slyke will be responsible for the company’s present financial condition, so he must decide how to best invest the company’s money, taking into consideration risk and liquidity. In addition, he will oversee the capital structure of the company, determining the best mix of debt, equity and internal financing. Van Slyke will also be responsible for the economic strategy and forecasting for the company. Part of his responsibility includes being able to identify and report what areas of a company are most efficient and how the company can capitalize on this information. This aspect of his duties also include economic forecasting and modeling to try and predict the best way to ensure the company’s success in the future.
Prior to joining Upstate Shredding – Weitsman Recycling, Van Slyke worked for A.L. George, LLC (Onondaga Beverage) as the company’s Controller and CFO since 1996. Prior to joining Onondaga Beverage, Van Slyke worked as the Controller for Best Brands Beverage from 1991 to 1995. Van Slyke earned his Bachelor of Science in Accounting from SUNY Oswego and is a Certified Public Accountant.