Neighborly®, the world’s largest dwelling providers firm, has introduced that Mike Davis will turn out to be its new Chief Government Officer (CEO), efficient July 8. Jon Shell, who has served as interim CEO since September 2023, will resume the function of Chief Monetary Officer.
“Mike is a extremely profitable CEO with an outstanding monitor report of success throughout varied industries, together with considerably rising franchise companies,” stated David Brandon, Government Chairman of the Board of Administrators. “Mike brings an aligned strategic imaginative and prescient and dedication to innovation, making him the perfect chief to construct on the unimaginable achievements and progress Neighborly has skilled.”
Davis’s profession has centered on progress, pushed by services or products enhancements, pricing methods, advertising and marketing excellence, and customer support. He most just lately served because the CEO of Mathnasium® Studying Facilities since 2022. Throughout his tenure, the corporate superior its mission of training and empowering franchise house owners whereas experiencing record-setting KPIs throughout same-center progress, systemwide gross sales, lead technology, and conversion and expanded the community throughout three new nations. Earlier than that, Davis was the CEO of Valpak. Valpak is franchised community and junk mail and digital advertising and marketing chief. Throughout his time there, Davis helped revamp their enterprise mannequin, which finally drove important progress.
“Working carefully with the Board and the management staff, Mike will refine, improve, and execute the corporate’s present technique and roadmap, with a dedication to increasing the footprint of Neighborly’s service manufacturers and driving consciousness to strengthen its presence in key markets,” stated Felix Gernburd, Neighborly Board Member and Accomplice at KKR. “He’s the fitting chief to assist information the execution of key enterprise initiatives and the digital transformation in progress aimed to raise Neighborly as a trusted supplier to prospects and a gorgeous funding for potential franchise house owners.”
Davis has greater than twenty years of management expertise, together with 13 years with Common Music Group (UMG), the place he grew to become Government Vice President and Basic Supervisor. He led a division throughout a disruptive time that outperformed almost all others inside UMG for 4 consecutive years. He has persistently pushed worthwhile progress. His management has spanned firms throughout various fields, together with multi-unit franchising, B2B, B2C, eCommerce, direct-to-consumer, third-party logistics, digital platforms, and media.
“Neighborly has established itself as a trailblazer in franchising with a few of the most revered and main dwelling providers manufacturers within the trade,” stated Davis. “The corporate has been served by excellent leaders, most just lately with Jon Shell, and previous to that with the late Mike Bidwell. I look ahead to becoming a member of this nice group and constructing on the significant affect they’ve made.”
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