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Nunn to Lead Franchise Team at Chase


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JPMorgan Chase recently announced that Clarence Nunn will join the firm to lead the continued middle market expansion strategy in the Southeast and to manage the franchise finance business for Chase’s Middle Market Banking & Specialized Industries team.

Nunn joins the firm after 24 years with GE, most recently heading up GE Capital Franchise Finance, where he led the divestiture of the franchise finance portfolios as the company was winding down its GE Capital finance businesses. Nunn will be based in Charlotte, North Carolina, succeeding Mark Bensabat, who will retire next year after more than 35 years in the banking industry.

Chase is focusing on expansion of middle market offices in the Southeast, and Nunn’s “expertise and experience will bring tremendous value to our business and his deep knowledge of the franchise industry makes him well suited to build upon our efforts in this space,” said John Simmons, head of Chase Middle Market Banking & Specialized Industries.

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The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Tom KaiserTom Kaiser is associate editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is staff writer at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Mary Jo LarsonLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
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Nancy WeingartnerNancy Weingartner is editor-at-large of Franchise Times magazine and the editor of the Food On Demand media project. You can reach her at 612-767-3200 or at nancyw@franchisetimes.com.
Follow her on Twitter at http://twitter.com/nanweingartner.
 

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