factual

Since when has Michael Dixon been the Chief Financial Officer of Carvel?

Carvel Franchise · 2025 FDD

Answer from 2025 FDD Document

Michael (Mike) J. Dixon: Chief Financial Officer, Treasurer and Assistant Secretary

Mike has been our Chief Financial Officer, Treasurer and Assistant Secretary since March 2017. Mike has been Chief Financial Officer, Treasurer and Assistant Secretary for (i) CL, GoTo Foods, and each of the other Former GoTo Franchisors since March 2016, (ii) GoTo Systems and the other GoTo Foods Portfolio companies (except Jamba) since March 2017, and (iii) Jamba and JJ since September 2018. Mike has also served as a member of the Board of Managers or Board of Directors for GoTo Foods and each of the other Former GoTo Franchisors since March 2017 and for JJ since September 2018. Mike serves in his present capacities in Atlanta, Georgia.

Source: Item 2 — Business Experience (FDD pages 24–27)

What This Means (2025 FDD)

According to Carvel's 2025 Franchise Disclosure Document, Michael (Mike) J. Dixon has held the position of Chief Financial Officer, Treasurer, and Assistant Secretary since March 2017. He also holds similar positions within CL, GoTo Foods, and other related entities, including the Former GoTo Franchisors since March 2016, GoTo Systems and other GoTo Foods Portfolio companies (excluding Jamba) since March 2017, and Jamba and JJ since September 2018. Additionally, Dixon has been a member of the Board of Managers or Board of Directors for GoTo Foods and its related entities since March 2017, and for JJ since September 2018. He serves in these capacities in Atlanta, Georgia.

For a prospective Carvel franchisee, this information provides insight into the leadership structure and experience of key personnel within the Carvel franchise system. Knowing that the CFO has been in place since March 2017 suggests stability in the financial management of the company. It also indicates that he has extensive involvement with other related brands and entities under the GoTo Foods umbrella, which could imply a well-coordinated financial strategy across the organization.

The fact that Michael Dixon holds multiple roles across different entities might suggest efficiencies in management and resource allocation. However, it could also raise questions about his capacity to effectively manage all responsibilities. A potential franchisee might want to inquire about the support systems and resources available to the CFO to ensure that the financial aspects of the Carvel franchise are adequately addressed.

Overall, the information about Michael Dixon's tenure and roles provides a degree of reassurance regarding the financial leadership at Carvel. However, prospective franchisees should still conduct their own due diligence and seek clarification on any concerns they may have about the management structure and responsibilities.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.