MAY 2012

Gazelle CEO wins “Best Green Practices Award”

Gazelle, a company specializing in high-end consumer electronics trade-ins, announced its co-founder and CEO Israel Ganot has been selected as the winner of the Emerging Leader Award of the Boston Business Journal’s 2012 Best Green Practices Awards. These awards honor companies and individuals who have worked to bring greater environmental sustainability to the workplace, their customers and communities. Ganot is the first recipient of the Emerging Leader award, which is the newest Best Green Practices Award, and will be honored at the 5th annual Green Business Summit in Boston on May 9.

Ganot said, “When we launched Gazelle, there weren’t many options for responsibly disposing of your electronic gadgets beyond simply recycling, and even that wasn’t happening as much as it should. Our reCommerce service was a new option and has become a key component of many consumers’ purchase process. In Q4 2011 alone, more than 150,000 iPhones were traded in at Gazelle, enabling our customers to subsidize their upgrades and ensure their old iPhones stayed in use. This award is a testament to the value of and need for reCommerce.”

Gazelle offers an easy way for people to trade in their gently-used smartphones and other high-end electronics for cash. Gazelle rewards people for giving the gadgets they no longer need a new life. To date, Gazelle has facilitated more than 900,000 gadget trade-ins.