Cashdollar Plans to Leverage His Finance Experience to Contribute to the Promotional Products Company’s Growth
Clayton Kendall, a promotional products company that centralizes the marketing supply chain for multi-location businesses, has tapped Richard Cashdollar as its first-ever chief financial officer. Cashdollar’s appointment as CFO follows an investment by PNC Riverarch, a private equity firm with investments in North America and Europe. Cashdollar will leverage his lifelong interest in accounting and finance, as well as years of experience, to contribute to Clayton Kendall’s growth.
“Without question, Clayton Kendall has become the leader in marketing supply chain programs with a demonstrated track record of success across a broad range of verticals,” Cashdollar said. “I’m excited to join CEO Dan Broudy and the entire CK team to build upon their momentum to further accelerate market share expansion and drive earnings growth.”
Clayton Kendall has grown steadily during its 25-year history in serving franchises and multi-location businesses, Broudy said. “To continue accomplishing our goal of rapid growth, we are building out our team and investing in outstanding leaders including Richard Cashdollar.”
Franchising Novice
Cashdollar’s experience includes serving as CFO and controller for public and private companies, and he has public accounting experience in the auditing field with the KPMG accounting firm. Most recently, he worked as director and corporate controller of Harbison Walker, a refractory solutions company.
Clayton Kendall represents Cashdollar’s introduction to franchising. “The most exciting aspect of the business model is working with clients and helping them scale their programs,” Cashdollar said. “There is no industry other than franchising that offers more opportunity to work with new scaling companies. Private equity firms such as PNC Riverarch often provide the necessary capital for franchisors to expand rapidly, bring on key talent and invest in infrastructure.”
About Clayton Kendall
Founded in 1999 by the Broudy family, Clayton Kendall provides streamlined promotional merchandise programs and company-branded merchandise services for businesses across a variety of industries.
