Franchising.com Feature: Mike Brower's CFO Appointment

OFFICE EVOLUTION IN THE NEWS

Mike Brower promoted to CFO as Office Evolution doubles down on its commitment to growth.

As first reported on Franchising.com, Office Evolution, the nation’s largest and fastest-growing coworking franchisor, is welcoming a new CFO to the team as the national demand for flexible workspaces that are close to home is at an all-time high. Mike Brower, Office Evolution’s former Senior Vice President of Finance, has been promoted to CFO to continue to strengthen the brand’s leadership team during this crucial time for the industry.

In addition to the demand for safe, flexible, and affordable suburban workspace, Office Evolution has continued to see an increase in demand for its franchising opportunity. Since the start of 2020, Office Evolution has opened a total of nine new flexible workspace locations across the country and awarded 10 new development deals, indicating demand from business professionals seeking to take control of their financial future with a semi-absentee business model that yields 93% recurring revenue.

“Mike has been an important part of our team for the last three years, and his combination of experience and leadership made him the obvious choice for the role. We are excited to watch him to continue to grow and push our brand even further,” stated Office Evolution CEO and Founder Mark Hemmeter. “Throughout the pandemic, our network has continued to grow and serve a larger number of suburban-dwelling workers and small business owners. As this population of professionals is expected to grow, key players like Mike are going to help take our franchise to new levels.”

Read the full article on the Franchising.com website at:

https://www.franchising.com/news/20200902_office_evolution_announces_new_cfo_as_demand_for_workspace_close_to_home_sk.html

Posted by: Andrea Pirrotti | September 16, 2020

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