Who is the Chief Executive Officer of Craters & Freighters Franchise Company?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| CRATERS & FREIGHTERS FRANCHISE COMPANY a Colorado corporation | {Legal Corporate Name} FRANCHISEE |
|---|---|
| By: | By: |
| Name: Matthew J. Schmitz | Name: |
| Title: Chief Executive Officer | Title: |
Source: Item 22 — CONTRACTS (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, Matthew J. Schmitz holds the position of Chief Executive Officer. This is confirmed within the contract section of the FDD, where his name and title are explicitly stated in the signature block for Craters & Freighters Franchise Company. This indicates that Matthew J. Schmitz is authorized to represent and legally bind the company in franchise agreements.
For a prospective franchisee, knowing the CEO's name can be useful for several reasons. It provides a point of contact for potential escalations or serious concerns. While day-to-day interactions will likely be with other members of the Craters & Freighters team, understanding who leads the company can offer insight into the overall direction and values of the organization. Additionally, it's common for franchisees to research the background and experience of key executives to assess the stability and leadership of the franchise system.
The presence of the CEO's name in the franchise agreement underscores the importance of the document and the legal obligations it creates for both Craters & Freighters and the franchisee. It's a standard practice in franchising to have key company representatives identified in the agreement to ensure accountability and transparency. Franchisees should carefully review the entire agreement and understand their rights and responsibilities before signing.
It is important to note that while the FDD identifies the current CEO, this information is subject to change. Leadership transitions are common in businesses, and it's possible that the CEO could change during the term of a franchise agreement. However, the FDD provides a snapshot of the current leadership structure at the time of its publication, which is a valuable piece of information for potential franchisees evaluating the Craters & Freighters franchise opportunity.