Neighborly®, the world’s largest house providers firm, introduced right this moment that Mike Davis will turn out to be its new Chief Government Officer (CEO), efficient July 8. Jon Shell, who has served as interim CEO since September 2023, will resume the function of Chief Monetary Officer.
“Mike is a extremely profitable CEO with an outstanding monitor file of success throughout numerous industries, together with considerably rising franchise companies,” mentioned David Brandon, Government Chairman of the Board of Administrators. “Mike brings an aligned strategic imaginative and prescient and dedication to innovation, making him the best chief to construct on the unimaginable achievements and progress Neighborly has skilled.”
Davis’s profession has centered on progress, pushed by services or products enhancements, pricing methods, advertising and marketing excellence, and customer support. He most just lately served because the CEO of Mathnasium® Studying Facilities since 2022, the place the corporate superior its mission of schooling and empowering franchise house owners whereas experiencing record-setting KPIs throughout same-center progress, systemwide gross sales, lead era, and conversion and expanded the community throughout three new international locations. Earlier than that, Davis was the CEO of Valpak, a franchised community and unsolicited mail and digital advertising and marketing chief, the place he helped revamp their enterprise mannequin, which finally drove vital progress.
“Working intently with the Board and the management staff, Mike will refine, improve, and execute the corporate’s present technique and roadmap, with a dedication to increasing the footprint of Neighborly’s service manufacturers and driving consciousness to strengthen its presence in key markets,” mentioned Felix Gernburd, Neighborly Board Member and Accomplice at KKR. “He’s the best chief to assist information the execution of key enterprise initiatives and the digital transformation in progress aimed to raise Neighborly as a trusted supplier to clients and a lovely funding for potential franchise house owners.”
Davis has greater than 20 years of management expertise, together with 13 years with Common Music Group (UMG), the place he turned Government Vice President and Basic Supervisor. He led a division throughout a disruptive time that outperformed practically all others inside UMG for 4 consecutive years. He has constantly pushed worthwhile progress. His management has spanned firms throughout various fields, together with multi-unit franchising, B2B, B2C, eCommerce, direct-to-consumer, third-party logistics, digital platforms, and media.
“Neighborly has established itself as a trailblazer in franchising with among the most revered and main house providers manufacturers within the trade,” mentioned Davis. “The corporate has been served by excellent leaders, most just lately with Jon Shell, and previous to that with the late Mike Bidwell. I look ahead to becoming a member of this nice group and constructing on the significant impression they’ve made.”