Since when has Albert J. Fioravanti served as the Independent Manager for Hardees?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
Mr. Fioravanti has served as our Independent Manager since April 2014. He has been employed by Lord Securities Corporation ("Lord Securities"), which provides services to the securitization and structured finance market, located in New York, NY, since December 1999 and currently serves as Managing Director for Lord Securities.
Source: Item 2 — Business Experience (FDD pages 22–23)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, Albert J. Fioravanti has served as the Independent Manager since April 2014. In addition to his role with Hardees, Mr. Fioravanti is employed by Lord Securities Corporation, a company providing services to the securitization and structured finance market located in New York. He has been with Lord Securities since December 1999 and currently holds the position of Managing Director.
Having an Independent Manager is a common practice to ensure oversight and potentially bring specific expertise to the franchise system. The fact that Mr. Fioravanti has held this position with Hardees for an extended period suggests stability in this role.
For a prospective franchisee, this information provides insight into the management structure of Hardees and the background of key personnel involved in overseeing the franchise operations. It may be beneficial for a potential franchisee to understand the responsibilities and influence of the Independent Manager within the Hardees organization.