Brentwood, TN (September 10, 2024) – Franklin Madison is proud to announce the promotions of two long-standing and exceptional leaders, Andrea Heger and Preston Porter, to the position of Executive Vice President (EVP).

Andrea Heger, who joined Franklin Madison a decade ago from Wells Fargo, has been a driving force behind the company’s achievements. Her innovative approach has been instrumental in spearheading the development of new products and strategies. Andrea’s promotion reflects the board’s full confidence in her ability to lead the company into a future of continued success.

“Andrea has consistently demonstrated a remarkable ability to guide our organization through complex challenges while driving growth,” said Robert Dudacek, President and CEO of Franklin Madison. “Her promotion to EVP is not just well-deserved but also pivotal as we look to build on the strong foundation she has helped establish. I am confident that under her leadership, we will achieve new levels of success.”

Preston Porter’s journey with Franklin Madison began in 2000 as an Account Manager for credit unions. Over the years, he has taken on numerous roles within the Accounting and Finance departments, eventually rising to the position of Chief Financial Officer (CFO). Preston’s extensive experience and deep understanding of the business have been invaluable, particularly during key mergers and acquisitions. His strategic vision has also been critical in guiding the company through challenging economic times.

“Preston’s dedication and expertise have been cornerstones of Franklin Madison’s success for over two decades,” said Rick Bennet, Executive Partner of Mill Point Capital and Chairman of the Board of Franklin Madison. “His promotion to EVP is a testament to his unwavering commitment to the company’s growth and stability.”

As Franklin Madison continues to evolve, the promotions of Andrea Heger and Preston Porter to Executive Vice Presidents position the company for a future of innovation, resilience, and sustained growth. 

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About Franklin Madison 

An industry leader with over 55 years of experience, Franklin Madison builds financial security for individuals and families by delivering industry-leading insurance products and marketing services through its brand partners. Franklin Madison helps generate increased loyalty and revenue for more than 3,500 financial institutions. Based in Brentwood, Tennessee, Franklin Madison has approximately 240 employees. For more information, visit franklin-madison.com or follow us on LinkedIn

About Mill Point Capital 

Mill Point Capital LLC is an operationally-oriented private equity firm targeting control investments in lower-middle market companies, with a focus on industrials, business services and IT services sectors in North America. Mill Point’s experienced team of investors and Executive Partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.