DTG Recycle names new CFO

DTG Recycle, Mill Creek, Washington, has hired Andrew Pickering as the company’s new chief financial officer (CFO). Pickering, who will join the company effective June 1, was selected after a search led by Texas-based executive recruiting firm Global Recruiters of McKinney. DTG describes itself as the largest commercial recycler of discarded construction & demolition, industrial and manufacturing materials in the Pacific Northwest.

In addition to corporate and operational accounting responsibilities, Pickering will be tasked with overseeing the upfront evaluation and the ultimate integration of the financial aspects of DTG’s pipeline of acquisitions. He also will be charged with leading an upgrade of DTG’s management reporting systems to help the company optimize profitability across its lines of business.

“We were impressed with Andrew’s experience bringing together multiple accounting platforms into a single, cohesive reporting mechanism," Tom Vaughn, CEO of DTG Recycle, says. "This competency is critical to DTG as we continue to expand with acquisitions and new service and product lines. Andrew’s experience rapidly scaling companies was also very attractive to DTG, and we are eager to leverage his expertise in our growth plan."

Vaughn says that conducting an executive search during the COVID-19 pandemic presented some challenges, but Global Recruiters of McKinney President Tyler Frisbie helped expedite the process via the company’s nationwide network.

“Engaging Tyler Frisbie allowed us to view a variety of candidates from across the country and from a multitude of industries in a relatively short period of time. Given the COVID-19 challenges, it was impressive that Tyler was able to marshal a significant number of highly qualified candidates, particularly from our home market here in the Puget Sound region. Frankly, we thought the process would take up to six months, but Tyler was able to help us find the right team member in a matter of weeks,” Vaughn says.

Earlier this year, DTG announced a $32 million minority growth equity financing led by Toronto-based Clairvest in partnership with existing shareholders. According to DTG, the partnership will help facilitate the company’s continued expansion both through organic growth and merger and acquisition activity.

Adrian Pasricha, a partner at Clairvest, says that the addition of Pickering will help the company as it continues to broaden its existing customer base.

“DTG has been on a high-growth trajectory for some time already, and the business plan going forward is to keep up that pace,” Pasricha says. “In addition, DTG expects to add more facilities and locations to the company’s recycling network. Recruiting a high-energy CFO with experience managing hyper-growth, tracking operational stats meticulously, and working with private-equity investors was essential to meeting [DTG founder] Dan Guimont’s and Clairvest’s value-creation objectives.”

Pickering started his career as an auditor with a Big Four accounting firm where he managed a diverse range of high-profile clients, the company says. He then worked as financial controller for a transportation and logistics public company and as the CFO of companies involved in the food manufacturing and freight management industries. Additionally, Pickering has experience working with private equity, managing the financial and logistical aspects of acquisitions and marketing businesses for transition to new ownership, DTG says.

Pickering earned a bachelor’s degree with an emphasis in accounting and marketing from the University of Waikato in New Zealand and is qualified as a certified public accountant in Washington. 

“I am excited to join DTG’s dynamic, progressive management team, and I look forward to exploring ideas and possibilities to grow the business. I am very pleased to be part of this important ‘planet-obsessed’ organization,” Pickering says.