CEO, Myx Drinks

Full Time Flex position in Flexible/Various Locations

Job Description

Myx Drinks, a Palm Ventures company, is seeking an experienced CEO to join their team. This full-time position is flexible, with an opportunity to work from various locations.

OUR CLIENT  

 

Myx Drinks:

Myx Drinks, backed by their family office, Palm Ventures, has developed new technology for a beverage vending machine/kiosk which they believe represents the next generation of vending. Within an operational setting of the vending marketplace, this kiosk allows a customer to mix a refreshing drink and customize it to their taste. These can be customized with natural fruit and tea flavors, natural sweetener options and nutritional shots, as well as carbonation. All ingredients are natural, no artificial anything, and help the consumer make healthy choices for their daily refreshment choices. The vending machines represent the next generation of internet-connected devices building a base of repeat consumers in workplace and educational locations. These machines are being tested now and will be rolled out over the next year with the leadership of the new CEO.

 

Palm Ventures:

Since 1992, Palm Ventures has focused on nurturing and growing businesses that have a positive and transformative impact on society. Palm Ventures is an active family office investment company managing money for the Palmer Family. In partnership with management teams, they leverage their collective strengths and resources to tap an organization’s full potential. By utilizing new and disruptive business models, they challenge the status quo and bring about change that is good for business and good for society.  On occasion Palm Ventures brings in other family offices with specific expertise to invest in portfolio companies with them.


ROLE


The CEO will help drive the launch of the Myx machine from a proven concept to a commercial success. Palm Ventures is seeking a high energy entrepreneur who is excited to take ownership of a high potential launch. They should be skilled at finding opportunities, honing strategies to leverage them, developing plans, and selecting partners to help deliver results. This entrepreneur/leader will be involved in virtually every aspect of rolling out the business and will lead the project and team forward.


The CEO is critical to the vision of the company’s core value proposition to clients. This executive will oversee all aspects of business and product development, sales, marketing, and communications in order to launch and scale the Myx machine and deliver on strategic initiatives. As the CEO, this person will be responsible for building an executive team to drive growth.


Responsibilities:


The ideal candidate will be responsible for the vast daily activities, which include:

  • Lead the day-to-day creation of sales strategies, developing head count, scaling of the operation and accountable to the Myx board.  

  • Possess a strong institutional knowledge of global buy-side research while also driving the strategic direction of the company. 

  • Achieve key financial objectives in 12-18 months through driving the expert network platform into the buy-side and related businesses.

  • Work with the Palm Investment team to define KPI’s over the next 1-3 years.

  • Leverage existing relationships while establishing new partnerships and distribution channels to execute the overall business strategy.

  • Communicate Myx’s value proposition and product effectively and clearly to potential and existing clients.

  • Demonstrate excellent understanding of the evolving beverage machine platforms. Be at the forefront of competitive threats in the market. 

  • Drive and scale company headcount with a designed organization chart based on revenue and forecasted revenue.  


CANDIDATE


Qualifications and Experience:


Being an expert in the development of disruptive products and/or related technology products/services, driving world class revenue growth, and being a partner to the founding team to ensure the overall success of the company.


  • Experience: Food & Beverage or CPG experience strongly preferred.

  • Analytical:  Will need to analyze options and present recommendations to a board.

  • Technical:  Work background or training in a tech area is a plus.

  • Team: Ability to cultivate relationships with customers and the team members.

  • Communicator: Excellent communication skills, both verbal and written. 

  • Self-starter: Ability to lead and work autonomously with limited direction. 

  • Nimble: Ability to be resourceful, creative and maintain flexibility.

  • Preference given to candidates with leadership, business development/sales or marketing experience.


Demonstrated success in Building or Improving a Fast Growth Business:

  • Trustworthy and reliable leader.

  • Decisive and results oriented.

  • Strategic thinker and adept problem solver.

  • Extreme organization and detail management skills as a “doer”.

  • Holds team accountable for results.

  • Willingness and ability to achieve success steadily and methodically.

  • Familiar with operating in an entrepreneurial environment.



Significant Operational Experience:

  • Outstanding leadership skills and operating experience.

  • Excellent organizational, financial, talent management, and negotiating skills.

  • Skilled negotiator of personnel arrangements, global vendor contracts; creativity in structuring operations to achieve best-in-class service and performance.

  • Dogged in dealing with and removing obstacles to success.

  • Intellectual agility and ability to manage complexity in people and transactions.

  • Demonstrated skill in process improvement and vendor management.

  • Experience in project managers to keep projects on time and on budget.


Team Building Skills:

  • Ability to help recruit top talent by expressing a strategic vision and creating a sense of professionalism and comfort.

  • Ability to inspire and develop other administrative and support personnel to their fullest potential (performance review and career development, training, business planning, organizational skill sets).

  • Strong people development skills highlighted by the ability to coach and develop direct reports.

  • Demonstrated ability to delegate (and to hold people accountable for performance) and to lead, motivate and influence others both up and down the organization.

  • Ability to make tough people decisions and to implement best performance management processes.


Influencing and Partnering Skills:

  • Has a strong sense of energy and passion while maintaining careful attention to detail.

  • Comfort in managing effectively in a fast-paced environment.

  • Strong people skills with seasoned judgment and savvy to create and manage a team-oriented culture. 


Communication Skills:

  • A persuasive and diplomatic communicator both within and outside of the company, who is able to communicate with energy, enthusiasm, and clarity to a wide range of people through both written and oral proficiency.

  • Possesses the charisma and confidence necessary to communicate complex facts to internal and external audiences.

  • Strong writer and oral communicator. Experience in marketing is a plus. 

  • Conversant with social media.


The compensation for this role is $200k-$300k plus equity.