IFA President, CEO Steve Caldeira Resigns over Contract Dispute
Restaurant Business Online and various media outlets have reported that Steve Caldeira, president and CEO of the International Franchise Association, said Wednesday that he is stepping down, effective immediately, after a dispute over terms for renewing his IFA contract.
The IFA’s Board of Directors convened a search committee to identify a replacement for Caldeira, who has been at the helm of the association since 2010. Robert Cresanti, IFA executive vice president of government relations and public policy, has been named interim chief operating officer.
Calderia brought a significant amount of energy and focus into lobbying activites on behalf of the franchise industry.
“It has been a real honor and privilege to represent franchising, which is the true essence of entrepreneurship in America,” Caldeira said in a statement. “While I appreciate the opportunity to have worked with so many respected business leaders and the extremely talented staff at the IFA, the time has come for me to move on.”
It will be interesting to see who replaces Calderia. I wouldn't rule out a former politician given the amount of legislative activity that the franchise industry is facing at the state and federal level.