Since when has Wali Bacdayan been the Managing Member of Southern Steer?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
Wali Bacdayan – Managing Member
Mr. Bacdayan has been Our Managing Member since June 24, 2022. Mr. Bacdayan is also the Chairman of the Board of Trustees of Washington and Lee University located in Lexington, Virginia since February 2024. Mr. Bacdayan also serves as a board director of Lewis & Ellis LLC located in Dallas, Texas since November 2023; as a board director of The Aaron's Company located in Atlanta, Georgia since October 2023; as a board director of Diamond Kinetics, located in Pittsburgh, Pennsylvania since August 2022; as a board director of WBX Commerce located in Baltimore, Maryland since December 2021; and as a board director of Envirovac Holdings LLC located in Savannah, Georgia since June 2019. He has been the founding investor of Millie's Homemade Ice Cream located in Pittsburgh, Pennsylvania since December 2018 and a venture partner for Delta-V Capital located in Boulder, Colorado since June 2019.
Source: Item 2 — ITEM. 2 BUSINESS EXPERIENCE (FDD page 9)
What This Means (2025 FDD)
According to Southern Steer's 2025 Franchise Disclosure Document, Wali Bacdayan has been a Managing Member since June 24, 2022. This indicates that Mr. Bacdayan is part of the leadership team responsible for the overall direction and management of the Southern Steer franchise.
In addition to his role at Southern Steer, the FDD notes that Mr. Bacdayan holds several other significant positions. Since February 2024, he has been the Chairman of the Board of Trustees of Washington and Lee University. He also serves as a board director for multiple companies, including Lewis & Ellis LLC (since November 2023), The Aaron's Company (since October 2023), Diamond Kinetics (since August 2022), WBX Commerce (since December 2021), and Envirovac Holdings LLC (since June 2019). Furthermore, he has been the founding investor of Millie's Homemade Ice Cream since December 2018 and a venture partner for Delta-V Capital since June 2019.
For a prospective franchisee, this information provides insight into the experience and background of one of Southern Steer's managing members. Mr. Bacdayan's extensive involvement in various organizations suggests a broad range of business and leadership skills, which could be beneficial to the franchise system. However, it is important for potential franchisees to consider how Mr. Bacdayan's other commitments might impact his focus and availability to Southern Steer.