San Diego County-centered Annex Manufacturers, a franchisor of 7 makes in the enterprise providers, transport and freight industries, has promoted TanaSue Carpenter to chief economical officer.
CFO
Annex Models, Inc.
Carpenter, who was earlier Annex Brands’ vice president of finance, executive director of finance and controller, and to begin with director of accounting when she was very first employed by the firm in 2012, formally replaces CEO Patrick Edd, who since 1997 has been carrying out double duty as the company’s CFO.
“I’m seeking forward to continuing to increase and assist the franchise system, though doing the job with all departments to acquire a cohesive approach, made to preserve time and improve profitability for franchisees,” Carpenter stated. “I see myself getting a far more energetic role in advancing future fiscal setting up, continuing to be ahead contemplating with prolonged time period development in head.”
Carpenter, a San Diego indigenous who was elevated in the East County town of Santee, gained a B.S. diploma in Enterprise Administration with an accounting big from the College of Phoenix in 2003 and an MBA from the College of Phoenix in 2006.
Annex Brand’s background started off in San Diego in 1986 when founder Jack Lentz offered the initial of a lot of PostalAnnex+ franchise places. Soon after obtaining more models, the corporation sooner or later rebranded as Annex Models in 2007.
From the beginning, Lentz had a vision of empowering regional possession, and that vision is even now obvious in each individual component of the business enterprise nowadays, Carpenter said.
Continual Expansion
As a local packaging and delivery enterprise with franchise destinations throughout the region and internationally, Annex Manufacturers management pushes its franchisees to think independently and try for continuous growth in their local communities.
“When I commenced as the company’s director of accounting in 2012, we supported five makes,” Carpenter said. “Over the study course of my 10 years in this article, and by two much more acquisitions, Annex Brand names now operates seven brand names, with hundreds of franchise places throughout the U.S., Canada and Mexico.”
The company’s advancement through her tenure permitted for Carpenter’s skilled development as perfectly. In the earlier ten years, she has concluded a Certified General public Accountant certification and Qualified Franchise Government plan.
“This identical assistance has authorized me to be equipped to increase our accounting division and become a chief inside our franchise procedure,” she said. “I am honored to share the franchise possession experience with each individual single franchise owner in our system.”
Carpenter mentioned that early on, she recognized the relevance of challenging perform and perseverance. She was a one parent at age 17 and labored for 10 a long time at a local speedy-food franchise for 10. She became a licensed coaching manager for that franchise process and was promoted to supervisor, finally overseeing 10 locations throughout the county.
“As CFO at Annex Makes, I look forward to empowering many others to attain their personal ambitions and supplying my steerage to other people as a function model for stability and monetary independence,” Carpenter reported. “As a teen father or mother, steadiness and fiscal freedom had been imperative, and I‘ve seen firsthand the impact they can have on persons. I will go on to also supply my knowledge and equip our franchisees with the tools they need to have to help them navigate their companies — primarily by economic variations.”
Carpenter, element of a 7-member executive workforce that includes three gals, is the company’s first woman CFO – an accomplishment she suggests usually means a wonderful offer to her.
Mentoring Other Girls
“It makes it possible for me the flexibility to come to be a mentor to other women in the enterprise, empower persons to drive past statistical norms, raise them up and present advice,” she claimed. “Life can be difficult, but I hope to be an instance that if you push by yourself, you can achieve your objectives.”
Carpenter is also Annex Brands’ second CFO in organization background.
“I have a secure basis to construct on,” she claimed. “I can concentrate on the upcoming and getting alternatives to technological and financial improvements.”
CEO
Annex Brands, Inc.
Carpenter’s promotion suggests that Edd, the company’s top rated govt, can now concentrate on CEO responsibilities. Edd has been with Annex Brand names due to the fact 1991, commencing as the company’s Director of Finance and Administration. He was promoted to CEO in 2018 and experienced been handling CFO obligations for 25 yrs.
As only the 2nd CFO in Annex Brand names record, Edd explained Carpenter will consider on new cross-departmental tasks that prioritize the strategic economical course of the company’s franchise technique.
“For more than 10 decades, TanaSue has been an integral member of our management workforce foremost the Accounting Division,” Edd mentioned. “Her new title acknowledges her efforts and contributions and is substantially deserved.”
Annex Brand names, Inc.
Launched: 1986
CEO: Patrick Edd, CFE
HEADQUARTERS: San Diego, CA
Company: Retail and Professional Delivery Franchisor
Income: $24.1M
Workforce: 38
Internet site: annexbrands.com
Contact: 619-563-4800
Notable: Because its 1985 beginnings as Postal Annex+, Annex Brand names, Inc. now is a franchisor of Intention Mail Centers, Handle With Care Packaging Store, Navis Pack & Ship, Pak Mail Locations, Parcel In addition, the original PostalAnnex+ and Sunshine Pack & Ship.