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SALT LAKE CITY - Franklin Covey Co. (NYSE:FC), a $241 million market cap professional services firm, announced Thursday the promotion of Holly Procter to President of its Enterprise Division, effective September 1, 2025. Procter, currently serving as Chief Revenue Officer, will replace Jennifer C. Colosimo, who is departing after nearly 25 years with the company. According to InvestingPro analysis, the company maintains impressive gross profit margins of 77% and holds a "Good" overall financial health score.
Procter joined Franklin Covey in June 2024 and was appointed Chief Revenue Officer in November 2024. She currently leads the Enterprise North America team, including Sales, Customer Success, and Operations. Her career includes leadership roles at LinkedIn, Gallup, Clari, WeWork, and Incredible Health.
"I’m honored to serve in this role at such an important time of transition for FranklinCovey," Procter said in the press release.
Paul Walker, FranklinCovey CEO, expressed confidence in Procter’s leadership, citing her "deep experience, strategic thinking, and authentic commitment to our clients."
Colosimo, who has served as President of the Enterprise Division since September 2020, will remain with the company as a senior advisor through December 2025 to ensure a smooth transition.
"It’s been my great privilege to serve as the President of the Enterprise Division and to work for FranklinCovey for nearly a quarter of a century," Colosimo stated.
Franklin Covey provides organizational performance services through directly owned and licensee partner offices in over 160 countries and territories. The company focuses on building leaders, teams, and cultures through its Enterprise and Education Divisions. Despite recent stock performance showing a 49% decline over the past six months, InvestingPro analysis suggests the stock is currently undervalued, with 10+ additional exclusive insights available to subscribers. For detailed analysis and valuation metrics, access the comprehensive Pro Research Report, available among 1,400+ top stocks covered by InvestingPro’s expert analysis.
In other recent news, Franklin Covey reported its financial results for the third quarter of 2025, which fell short of expectations. The company posted an earnings per share (EPS) of -$0.11, significantly missing the anticipated $0.32. This represents a negative surprise of 134.38%. Revenue also declined to $67.1 million, below the forecasted $77.39 million, and marked a 9% decrease compared to the same period last year. Despite these financial misses, Franklin Covey’s stock showed resilience in aftermarket trading. The stock increased by 3.86% to $25.04, suggesting investor confidence in the company’s future prospects. These developments are part of the recent news surrounding Franklin Covey.
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