Mathnasium

Kevin Shen Leads Brand Development for Internationally Known Math Learning Centers.

LOS ANGELES — Mathnasium, an international franchise leader with over 1,000 math tutoring centers and counting, has appointed Kevin Shen as Chief Development Officer.

Kevin joins Mathnasium with 13 years of investment banking and franchising experience. For the last eight years, he has been an executive at Jackson Hewitt Tax Service Inc., mostly recently serving as the Vice President, Head of Real Estate Development and Franchise Sales.

The hiring follows recent c-level leadership changes announced earlier this year as the company continues to invest in the direction and support system for franchisees.

“Being immersed in the franchising and investment banking world, I had always admired private equity backed brands and have a ton of respect for Michael Davis and his extensive experience as a CEO working with top-notch companies. As I met more of the leadership team and franchisees, it became clear why this is the perfect time to join Mathnasium with its endless industry tailwinds,” said Shen. “It is also so easy to get behind the mission of changing lives through math. Our reputable global brand and the passion behind our franchisees is so authentic, it cannot be replicated.”

Shen and the team will be hyper-focused on growing Mathnasium’s footprint, attracting more multi-center operators and supporting existing franchisees with expansion.

“It was important to find a leader like Kevin who aligns with Mathnasium’s values and believes in our larger mission to make math enjoyable by teaching true comprehension,” said Michael Davis, CEO of Mathnasium. “Our franchisees are seeing record breaking enrollments as families seek additional local resources to help their children improve grades in math and reach new levels of understanding. Every new center ensures Mathnasium’s mission will get to more student’s, families, and communities.”

Mathnasium hit over 100,000 enrollments in the U.S. for the first time in the company’s history as the spike in supplemental education continues to climb.

Based on the findings of The Nation’s Report Card 2022, which is conducted by the National Center for Education Statistics, a branch of the Education Department – math scores show major decline for Fourth and Eighth-Graders throughout the pandemic.

“Our Center Directors, math instructors and small business owners around the world are using the time-tested Mathnasium Method to make a difference in their local communities,” said Shen. “We’re intentionally growing this brand because of the rewarding results for both students, families and franchisees. Our high NPS scores and annual accolades show that we have a fantastic playbook for how to thrive in the math education sector.”

Mathnasium retains its position as the leader in the math tutoring space by offering comprehensive assessments, fully individualized learning plans, and teaching true math comprehension. The Mathnasium Method™ is a proven proprietary teaching method and the driving force behind the company’s growth since 2002.

Michael Davis Appointed as CEO and Michael Stanfield Named CMO.

LOS ANGELES — Mathnasium, an international franchise leader in math tutoring, has added Michael Davis as Chief Executive Officer and Michael Stanfield as Chief Marketing Officer.

Davis joined Mathnasium in July after spending the last 12 years in C-suite leadership roles for private equity-owned companies. Most recently, he served as the Chief Executive Officer of Valpak, a franchised network. His focus throughout his career has been on growth, driven by product or service enhancements, pricing strategies, marketing excellence and customer service. Davis has led B2B and B2C companies in various industries, including multi-unit franchising, eCommerce/DTC/3PL and media.

“It’s an honor to be part of the Mathnasium family and to further its mission of changing children’s lives through math,” Davis said. “The chance to bring the Mathnasium Method to more children is an exhilarating opportunity for Michael, myself and the entire Mathnasium network.”

Joining Davis to further strengthen the brand’s global reputation and reach as the most trusted company providing math-only supplemental education, is Michael Stanfield, who was named Chief Marketing Officer in September.

Stanfield’s previous roles include VP of Marketing for Starkey Hearing Technologies and Head of Marketing for Miracle-Ear, a franchise system with over 1500 locations in the United States. Previously, he held various leadership roles in marketing strategy and planning at Target for nearly nine years.

“Mathnasium’s curriculum and teaching have the power to change lives for students and their parents. I’m excited to work with the franchise owners, center directors and instructors who get to see these transformations happen in their own communities,” said Stanfield. “I’m looking forward to connecting even more people with our outstanding content.”

This month marks 20 years of Mathnasium making a difference in the lives of students and their families. The Mathnasium Method™ is a proven proprietary teaching method and the driving force behind the company’s growth since 2002.

Mathnasium remains the leader in the math tutoring sector by offering comprehensive assessments, fully individualized learning plans, and teaching true math comprehension. The same level of care, teaching approach and open communication is provided to parents with initial student evaluations and real-time progress reporting; and extended to the franchisees to ensure they’re equipped with the latest tools, processes and systems for effective operations.