FRANdata President and CEO Darrell Johnson has been named to the International Franchise Association Board of Directors. His term will begin Feb. 8 at the conclusion of the IFA 50thAnnual Convention.
Johnson has more than 25 years of experience in the franchise and banking industry and draws on the FRANdata database, the most comprehensive collection of franchise statistics and performance metrics available, to provide cutting-edge insights and analysis into the franchise industry. It was Johnson who forecasted the banking crisis back in 2007–a year before it happened–and he created the Bank Credit Report, a FRANdata product to help franchise systems weather the bad economy and bolster their loan application packages.
Prior to a management buy-out of Arlington, Va.-based FRANdata in 2004 from his previous employer, the National Cooperative Bank, Johnson was part of NCB’s executive team.