– USA, VA – Franchise Group, Inc. (NASDAQ: FRG) today announced the election of Lisa Fairfax and Cynthia Dubin to its Board as Independent Directors, bringing the Board to six members with five of whom independent.
Ms. Fairfax will serve as the Chair of the Nominating & Corporate Governance Committee, while Mais. Dubin will serve as the Chair of the Audit Committee and as a member of the Compensation Committee and the Risk Committee.
“We are very pleased to have directors with the experience of Lisa and Cynthia join our Board of Directors,” said Board Chairman, Matthew Avril. “Our Board regularly evaluates its composition to ensure it includes the appropriate skills, experience and perspectives necessary to drive growth and oversee the business. The addition of Cynthia and Lisa reflect that commitment as we continue to grow our business and enhance value for our shareholders.”
About Cynthia Dubin
Ms. Dubin is an experienced CFO and board director. She currently has a portfolio of board roles which include a chemicals company, a UK competition regulator, a financial exchange, and an industrial technology company. Ms. Dubin is Audit Committee Chair and member of the Remuneration Committee at Synthomer plc, a London Stock Exchange-listed global chemicals company. She is the Interim-Chair of the Audit and Risk Assurance Committee and Chair of the Nominations Committee at the UK Competition and Markets Authority, a non-ministerial government department, responsible for strengthening business competition. She is a member of the Risk and Audit Committee of ICE Futures Europe’s board, a London-based exchange and subsidiary of ICE (NYSE-listed) that hosts futures and options contracts in the energy, interest rates, equities, and soft commodities. At Nasdaq-listed Hurco Group, an industrial technology company, she is a member of the Audit Committee. Ms. Dubin started her career in banking and thereafter became a chief financial officer for US and UK companies.
She holds a BSBA from Georgetown University with honors.
About Lisa M. Fairfax
Ms. Fairfax is currently tenured and chaired professor at the George Washington University Law School where she is the Alexander Hamilton Professor of Business Law, and the Founder and Director of the GW Corporate Law and Governance Initiative. Ms. Fairfax has served as an appointed member of the Investor Advisory Committee of the Securities and Exchange Commission, a member of the National Adjudicatory Council of the Financial Industry Regulation Authority, and a member of FINRA’s NASDAQ Market Regulation Committee.
Ms. Fairfax is an active member of the community and is currently the Chair of the Board of Georgetown Day School, on the Board of DirectWomen, and is an elected member of the American Law Institute. Before joining GW, Ms. Fairfax was a tenured professor and Director of the Business Law Program at the University of Maryland School of Law and practiced corporate and securities law with Ropes & Gray LLP.
Ms. Fairfax received a Juris Doctorate from Harvard Law School with honors and an A.B. from Harvard College with honors.
About Franchise Group, Inc.
Franchise Group is an owner and operator of franchised and franchisable businesses that continually looks to grow its portfolio of brands while utilizing its operating and capital allocation philosophies to generate strong cash flow for its shareholders. Franchise Group’s business lines include Pet Supplies Plus, American Freight, The Vitamin Shoppe, Buddy’s Home Furnishings, and Liberty Tax Service. On a combined basis, Franchise Group currently operates over 4,600 locations predominantly located in the U.S. and Canada that are either Company-run or operated under franchising agreements.
For more information: https://www.franchisegrp.com/
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.