Five Star Franchising Names Colt Florence As Senior Vice President of Franchise Development
Jul 29, 2024•about 1 year ago
Position
Vice President
Company
Five Star Franchising
Description
Colt Florence has been appointed as Senior Vice President of Franchise Development at Five Star Franchising, demonstrating the company's ongoing strategic commitment to empowering franchise owners by investing in top leadership talent.
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