Jens Molbak, CEO and Founder of NewImpact, is Featured Fall 2020 Sustainability Speaker

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

Molbak will present “Tri-Sector Innovation in Action: Accelerating Profit and Societal Impact In Your Business Model” virtually at 3:30 p.m. on Wednesday, Dec 9. This event is the second in a three-part series introducing tri-sector innovation to businesses, nonprofit and government organizations in northeast Ohio.

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 nonprofit organization 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 advised 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 Sustainability Speaker Series
The Sustainability Speaker Series is hosted by the Kent State College of Business Administration’s Center for Council of Responsible Enterprise (CORE) each semester. CORE is an education and consulting outreach program of the Global Management Center. The series provides a forum for sustainability experts who share their story and provide insights for current and future business sustainability champions.

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, December 8, 2020 - 8:17am
UPDATED: Tuesday, December 8, 2020 - 8:17am