STOCK TITAN

FranConnect Appoints Austen Asadorian as Chief Revenue Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
FranConnect appoints Austen Asadorian as Chief Revenue Officer to fuel its next phase of growth. Asadorian's expertise in scaling sales organizations and working with hospitality and restaurant technology will drive significant growth for FranConnect. FranConnect expanded into A/NZ and APAC markets and launched new B2B payments products in partnership with Flywire. FranConnect aims to reach over 2,000 brands and half a million locations worldwide.
Positive
  • None.
Negative
  • None.

Hospitality and restaurant technology executive joins the company to fuel its next phase of growth

HERNDON, Va., Sept. 27, 2023 /PRNewswire/ -- FranConnect, the leading provider of sales, operations, and marketing technology to franchises and multi-location businesses, announces the appointment of Austen Asadorian to its executive leadership team as Chief Revenue Officer. Asadorian will oversee FranConnect's global go-to-market and revenue organization, including new customer acquisition, customer expansion, new market development, pre-sales consulting, and revenue operations, bolstering FranConnect's continued year-over-year growth.

FranConnect announces the appointment of Austen Asadorian to its executive leadership team as Chief Revenue Officer.

"Austen's expertise scaling global sales organizations and significant experience working with hospitality and restaurant technology will take FranConnect to the next phase of growth," said Gabby Wong, CEO of FranConnect. "He is an accomplished industry leader who deeply understands the growth and operational challenges of our customers. Under his leadership, I am confident that our sales and revenue organization will continue to drive significant growth for FranConnect and serve as a trusted partner to our customers."

Asadorian is an accomplished sales and operations leader with over 15 years of experience working in the hospitality, restaurant, and retail sectors with some of the largest multi-unit operators in world. He previously served as the Senior Vice President of Sales at SevenRooms, the leading global provider of reservations and guest experience software. At SevenRooms, Asadorian was responsible for North American sales, Global Key Accounts, and Partnerships, where he achieved triple-digit growth under his leadership. Prior to joining SevenRooms, Austen held senior management positions at Peloton and Hillstone Restaurant Group. 

"I am thrilled to take on the role of Chief Revenue Officer at FranConnect, an industry-leading company that has already achieved remarkable success," said Asadorian. "I am deeply committed to utilizing my extensive background in sales, leadership, and operations to accelerate FranConnect's growth and elevate its standing as the foremost provider of franchise and multi-location management software in the industry."

Asadorian joins FranConnect during a monumental market and product growth year. In 2023, FranConnect expanded into the Australia/New Zealand (A/NZ) and Asia Pacific (APAC) markets. FranConnect also launched a set of new B2B payments products in partnership with Flywire (Nasdaq: FLYW) to support franchise CFOs in accelerating fee collection and better governing revenue streams. FranConnect has a focused market expansion plan and an ambitious product roadmap as it continues its push toward reaching over 2,000 brands and half a million locations worldwide.

For more information on FranConnect's or to schedule a demo, visit www.franconnect.com.

About FranConnect
FranConnect is the leading enterprise software provider for franchise and multi-location businesses. For over 20 years, the FranConnect platform has served as the sales, operations, and marketing backbone for over 1500 brands and 350,000 units worldwide. These brands rely on FranConnect to expand locations, streamline unit operations, enhance collaboration across the network of locations, and improve profitability. FranConnect's customers are some of the most iconic and recognized brands in the industry, including SPARC/Authentic Brands (Forever 21), Tropical Smoothie Café, Authority Brands, and Papa Johns. Backed by private-equity investor Serent Capital, FranConnect is headquartered in Herndon, Virginia, with global offices in Australia, India, Colombia, and Canada. For more information on FranConnect, visit www.franconnect.com.

Contact:
Lorena Garcia
FranConnect
571-659-3830
lorena.garcia@franconnect.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/franconnect-appoints-austen-asadorian-as-chief-revenue-officer-301940463.html

SOURCE FranConnect

Flywire Corporation

NASDAQ:FLYW

FLYW Rankings

FLYW Latest News

FLYW Stock Data

2.28B
107.19M
3.38%
97.35%
5.41%
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Finance and Insurance
Link
United States of America
BOSTON

About FLYW

flywire, formerly peertransfer, is a leading provider of high-ticket cross-border payment solutions, connecting institutions on six continents with consumers from around the world. introduced four years ago as a way for international students to pay their tuition for studies abroad, flywire is now welcomed by more than 800 colleges, universities, and other educational institutions. the company processes payments on behalf of students from 200+ countries and territories, in more than 100 local currencies. convenient, fast and secure, flywire’s scalable cross-border platform accepts bank transfers, online banking, and credit & debit cards − providing currency conversion at exchange rates that can offer significant savings when compared to home-market banks and credit card providers. committed to a great end-to-end customer experience, the company offers multilingual servicing via phone, email, and chat, as well as 24/7 online payment tracking. flywire is headquartered in boston, ma with