SOUTHBURY, Conn., Nov. 1, 2013 (GLOBE NEWSWIRE) -- Approaching its 30th anniversary year, Franchise Source Brands International™ (FSBI), a multi-brand business coaching franchisor with several high-performance brands under its helm, announces that it has named Paul Segreto as CEO. Segreto's experience serving in multiple roles in the franchise industry over three decades will allow Terry Powell to step back into a more entrepreneurial position, which he held for the first 22 years within FSBI.
"FSBI needs someone who can take the company to new heights," Powell said. "The company needs someone whose profile is uniquely positioned to synergize with me as resident Entrepreneur and Visionary Founder, and whose experience brings a new understanding of entrepreneurial transitions within a multi-brand franchisor organization. Paul Segreto fits that position perfectly."
For more than 30 years, Segreto has exclusively served the franchise industry as a senior-level corporate executive, consultant and coach, advocate, multi-unit franchisee, area developer, and franchisor.
"Over the years, I've watched Franchise Source Brands grow and evolve into the company it is today. It is with great pleasure to step in as CEO at this pivotal time to move things ahead," Segreto noted. "My expertise and experience, along with Terry's visionary oversight, will move FSBI forward, tenfold."
As CEO of FSBI, Segreto will oversee the following brands: AdviCoach®, The Entrepreneur's Source®, ZorSource®, Expense Reduction Coaching®, Decor&You®, Franchise Match® and WEBB Women Empowered by Business®.
About Franchise Source Brands International™
Franchise Source Brands International™ (FSBI) is a multi-brand business coaching franchisor with high-performance brands dedicated to the advancement of the entrepreneur and those who aspire to be one. Today, FSBI's business coaching brands dominate the $1.5 billion business coaching market with a commanding 33 percent of the business coaching and consulting franchise market in North America. With a leadership team that boasts the Certified Franchise Executives designation from the International Franchise Association, FSBI operates highly-ranked franchise brands, including: The Entrepreneur's Source®, AdviCoach®, ZorSource®, Expense Reduction Coaching®, Decor&You®, Franchise Match® and WEBB Women Empowered by Business®. For more information regarding FSBI or any of its brands, visit http://www.franchisesource.com.