Marco’s Pizza Declares Kristin Corcoran as Vice President of Company Counsel
The Business Veteran Brings Many years of Authorized Expertise to the Place
Marco’s Pizza, an Ohio-based pizza franchisor, introduced Kristin Corcoran as vice chairman of company counsel. Leveraging her authorized experience, Corcoran will assist Marco’s authorized group and supply authorized recommendation.
“It’s an thrilling time to hitch the Marco’s group. With a number of initiatives in growth, franchise growth surging, and new partnerships being shaped, it’s my aim to supply the authorized recommendation wanted to maintain up with new developments, challenges, and alternatives, as Marco’s continues on the quick observe to pizza royalty,” Corcoran mentioned in an announcement. Different latest additions to the pizza model’s management group embody CDO Gerardo Flores.
After assembly Shannon Iverson, vice chairman of franchise gross sales at Marco’s Pizza, at an Worldwide Franchise Affiliation (IFA) networking occasion, Corcoran was impressed by the pizza model’s imaginative and prescient. “Shannon is a good model ambassador, and I do not forget that she instructed me that Marco’s believes in ‘individuals first, hospitality at all times.’” Corcoran favored every little thing concerning the pizza franchise and jumped on the alternative to satisfy the remainder of the management group.
“She is a extremely completed legal professional whose management, experience, and enterprise contributions have had a considerable, optimistic affect on the manufacturers she’s suggested. Her expertise navigating franchise regulation in earlier positions makes her extremely certified for this new position. She is the precise particular person to assist our franchise regulatory and compliance capabilities as we dive into new and thrilling strategic initiatives,” mentioned Marco’s Pizza senior vice chairman and chief authorized officer Todd Watson.
Corcoran’s Authorized Path
Shortly after graduating from regulation faculty, Corcoran was an affiliate in a litigation regulation agency and had the chance to characterize Dunkin Manufacturers. “I loved studying about franchise regulation, and ultimately these experiences with Dunkin’ led to my place with Subway.”
Throughout her 25 years with Subway, the legacy model grew from 10,000 models to over 40,000 in additional than 110 international locations, Corcoran mentioned. “I’ve at all times discovered that understanding the enterprise goals and offering sensible authorized recommendation to the administration group is critically vital. As a accomplice in a franchise regulation agency, I offered steerage to each established in addition to new and rising franchisors on all kinds of points.”
Corcoran additionally served as counsel at DLA Piper, a multinational regulation agency, and was a accomplice in Appleby & Corcoran, LLC.
The Significance of Authorized Counsel
Corcoran stresses the significance of sound authorized counsel for franchisees and franchisors. “I might recommend [franchise professionals] discover a lawyer who actually understands your corporation — who tried the product, downloaded the app, and made a concerted effort to independently analysis and get to know your corporation.”
Corcoran enjoys seeing franchisors help franchisees in rising their enterprise. “The franchise mannequin makes that attainable.” Corcoran provides that there’s “by no means a uninteresting second in franchising because it encompasses so many areas of regulation — regulatory, transactional, worldwide, dispute decision and litigation.”
She suggests entrepreneurs who’re all for franchising ought to become involved with the IFA and different organizations, attend commerce exhibits and conferences, and community with suppliers and different franchise professionals. “Many are completely happy to share info and supply recommendation. Be sure to contemplate skilled recommendation from attorneys and tax advisors. Attending to these points — securing the trademark, contemplating the suitable company construction, and attending to regulatory issues — will lay the inspiration from which your model can develop.”