Who is the Chief Financial Officer of Coffee News USA, Inc.?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
The shares of 2703203 Manitoba, Inc. are 100% owned by William A. Buckley. Coffee News USA, Inc. shares are 45% owned by William A. Buckley, 45% owned by Sue-Ann Buckley and 10% owned by John B. Buckley.The shares of Coffee News Printing, LLC are 51% owned by William A. Buckley and 49% owned by Garrett Guernsey, the Chief Financial Officer of Coffee News USA, Inc.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 7–9)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, Garrett Guernsey is the Chief Financial Officer of Coffee News USA, Inc. The document also specifies that Garrett Guernsey owns 49% of Coffee News Printing, LLC. William A. Buckley owns the other 51% of Coffee News Printing, LLC.
This information is relevant to prospective franchisees as it provides insight into the key personnel and ownership structure of Coffee News. Knowing who the Chief Financial Officer is can be helpful if a franchisee needs to contact the corporate office regarding financial matters. Additionally, understanding the ownership stake of key individuals in related entities like Coffee News Printing, LLC can offer a clearer picture of the overall business operations and potential conflicts of interest.
It is fairly common for franchise documents to disclose the names and titles of key executives. This transparency helps potential franchisees assess the experience and qualifications of the leadership team. The disclosure of ownership percentages in related entities is also a standard practice, allowing franchisees to evaluate the financial relationships within the Coffee News organization.