Jens Molbak, CEO and Founder of NewImpact, to Discuss Tri-Sector Innovation at Fall 2020 Michael D. Solomon Entrepreneurship Speaker Series

KENT, Ohio – Jens Molbak, CEO and founder of NewImpact, is the featured speaker for the Kent State College of Business Administration’s Fall 2020 Michael D. Solomon Entrepreneurship Speaker Series.

Molbak will present “Tri-Sector Innovation: A Transformative Strategy for Collaborative Entrepreneurship,” virtually at 7 p.m. on Wednesday, Oct.21.

Molbak has extensive experience as a successful entrepreneur. In 1990, he founded Coinstar, a company that specializes in kiosk-based coin-to-cash exchanges, and served as its CEO for 11 years. Coinstar has since gone public and expanded internationally, celebrating its one-billionth transaction in 2014.

After his time with Coinstar, Molbak went on to create NewImpact (formerly titled WinWin), a company that uses tri-sector innovation to harness untapped opportunities and create solutions to a wide range of societal problems in a systematic way.

Molbak possesses more than 31 years of experience serving on the Board of Directors for firms including Space Needle, KeyMe and Chihuly Garden and Glass. Additionally, he assisted in advising cell phone recycling startup ecoATM from its inception in 2009 to its $350 million sale four years later. He has also owned Molbak’s, a small Pacific Northwestern garden and home accent firm, for over 18 years.

Molbak earned an MBA from Stanford University and a bachelor’s degree in Psycho-Biology from Yale University.

Molbak’s presentation is free and open to the public, but registration is required.

About the Michael D. Solomon Entrepreneurship Speaker Series
The Michael D. Solomon Entrepreneurship Speaker Series is hosted by the Kent State College of Business Administration’s Center for Entrepreneurship and Business Innovation (CEBI) each semester. The series brings to campus exceptional entrepreneurs who share their story and provide insights for current and future entrepreneurs. The series is made possible by Kent State alumnus Michael D. Solomon.

Kent State College of Business Administration
Kent State University's College of Business Administration is among the fewer than 1% of business schools worldwide to obtain dual Association to Advance Collegiate Schools of Business (AACSB) accreditation in both business and accounting. The college boasts 10 undergraduate majors, 14 minors and a Professional Sales Certificate program; master's degrees in accounting, business administration (MBA and EMBA), business analytics and economics; as well as a comprehensive Ph.D. program with concentrations in accounting, finance, information systems, management and marketing.

Kent State's College of Business Administration ranks as a top business college in Ohio and the number one public university in Northeast Ohio by U.S. News and World Report and is ranked as one of the nation’s Best Business Schools by The Princeton Review. The college is committed to sustainability as an advanced Principles for Responsible Management Education (PRME) signatory and is recognized by the Sales Education Foundation as a top university for professional sales education.


Media Contacts:
Joni Bowen,, 330-672-1279


POSTED: Tuesday, October 6, 2020 - 11:26am
UPDATED: Friday, October 16, 2020 - 10:59am