Richard Lowe Appointed As Chief Executive Officer of Franchise Services, Inc.
Jan 24, 2025•6 months ago
Position
Chief Executive Officer
Company
Franchise Services
Description
Franchise Services, Inc. (FSI) has appointed Richard Lowe as the new Chief Executive Officer, succeeding Don F. Lowe, who will remain in the organization as Chairman
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months