For immediate release
Contact: Alisa Harrison, 202-628-8000
WASHINGTON, Feb. 8, 2010— Darrell Johnson, CFE, president & CEO of FRANdata in Arlington, Va. has been elected to the International Franchise Association’s Board of Directors. He will assume the position Feb. 8 at the conclusion of the IFA 50th Annual Convention in San Antonio.
Prior to a management buy-out of FRANdata in 2004 from his previous employer, the National Cooperative Bank, Johnson was part of NCB's executive team, where he managed FRANdata along with several other NCB business ventures. At NCB he started an SBA lending unit, developed small business lending teams for cooperative and franchise organizations, established an equity investment program for cooperative businesses, built a leasing program and managed a healthcare lending team.
His career spans information services, commercial banking, investment banking, and federal financial regulation. Before joining NCB in 1992, he was an investment banker specializing in mergers, acquisitions, and financial advisory services for middle market companies. Johnson was a founder of the investment banking subsidiary of a regional commercial bank (now part of Bank of America) and also worked in several independent advisory firms. Earlier in his career, he was an economist and later the director of special examinations for a federal financial regulatory agency.
Johnson has served on a number of private company and non-profit business boards. He received a bachelor's degree in business and a master's degree in economics from Montana State University. He also earned a master's degree in business from the Wharton School, University of Pennsylvania. He is a Certified Franchise Executive.
About the International Franchise Association
The International Franchise Association, the world’s oldest and largest organization representing franchising, is the preeminent voice and acknowledged leader for the industry worldwide. Approaching a half-century of service with a growing membership of more than 1,100 franchise systems, 10,000-plus franchisees and more than 500 firms that supply goods and services to the industry, IFA protects, enhances and promotes franchising by advancing the values of integrity, respect, trust, commitment to excellence, honesty and diversity. For more information, visit the IFA Web site at www.franchise.org.
Editor’s Note: To request a JPG of Darrell Johnson, CFE, contact the IFA Media Relations Department at 202-628-8000. CFE is a designation of the IFA Educational Foundation’s Institute of Certified Franchise Executives. To learn more about CFE programs, visit www.franchise.org.