The National Venture Capital Association has gone for lobbying power over venture capital experience by hiring Bobby Franklin as its new chairman.
Franklin, pictured, has worked extensively in public policy advocacy over the past 20 years, most recently as executive vice president at wireless communications trade association CTIA.
He held that role for six years, and previously led the Washington DC office of ALLTEL Communications, worked as a consultant for US land-grant colleges and universities, and spent more than seven years in the office of Democratic senator David Pryor.
Franklin replaces Mark Heesen, who has been involved with the NVCA for more than 20 years, initially as head of public policy before becoming president in 1999.
Heesen will become president emeritus, and remain with the industry body during the transition period to advise the association.
NVCA chairman Josh Green said, “We approached this search with a great deal of rigor and a high set of expectations as our industry demands integrity, passion and a vision for the future.
“The fact that we had more than a hundred applicants for the job evidences the outstanding reputation of the NVCA.
“The excitement and overwhelming consensus that formed around Bobby Franklin is a testament to his credentials and ability to drive the association forward in a manner that best serves the venture capital industry.
“We are thrilled to welcome him and look forward to the meaningful contributions he will undoubtedly make in the years ahead.”
Franklin said, “Innovation has and will continue to be a powerful driver for US competitiveness and economic growth and it is a privilege to lead an industry that plays such a critical role alongside entrepreneurs in improving the ways in which we work and live.
“The NVCA has a long legacy which we plan to preserve and incredible potential which we intend to realize. I am eager to engage with the venture capital and start-up communities and move forward to tell our story and make our mark.”
More than 400 venture firms are NVCA members.
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