INWOOD, N.Y. — Laundrylux appointed John Olsen its vice president for vended products effective June 10, the company has announced. Olsen has more than 10 years experience in vended laundry equipment financing, sales, sales management and distribution.
“We are delighted to welcome John Olsen to Laundrylux to direct and accelerate the growth of our Wascomat and Electrolux vended product lines,” says John Sabino, Laundrylux’s chief operating officer. “Laundrylux has many years of experience with John as a supplier and even as a competitor. We have always respected John Olsen’s business acumen, diligence, and work ethic.”
“John is respected by the distribution community across North America and will provide outstanding leadership and support to his team of Wascomat and Electrolux distributors and Laundrylux regional business managers for vended products,” says Laundrylux President Howard Herman. “With his background in financing, sales and distribution, John brings a unique blend of skills to the coin laundry market.”
“Laundrylux continues to aggressively build our team in every aspect of our business to take advantage of market opportunities,” adds CEO Neal Milch. “John Olsen is a key addition, and we plan additional hires to support our multi-year strategic plan.”