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Matt Shay Steps Down As IFA President

The franchising community has been given some bittersweet news following the announcement that IFA president Matt Shay will soon be leaving his post to take the helm as President and CEO of the National Retail Federation.

Matt has had an excellent reign over the IFA for the six last years. Indeed, his commitment to franchising dates back to the 1990s. The Washington Post report that Shay will formally begin his position on May 10 of this year. The NRF have a lot of influence in Washington, so we’re happy that Matt is moving to an exciting new post.

Shay told the Nation’s Restaurant’s News that he is 'proud' of his achievements with the IFA.

“It has been an honor for me to serve the franchise industry over the past 17 years and a privilege to have made so many close friends,” he said. “I’m proud of what we have been able to accomplish on behalf of our members, including increasing the awareness of IFA and franchising among a variety of audiences, particularly in Washington, D.C.”

He added he thought the organization was in a great position to continue to lead the industry.

“I am confident that the progress we have made will continue under the strong team of leaders and staff guiding the organization.”

No word yet on who will succeed Matt Shay as IFA president.

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