January 17, 2020
Minuteman Press International Names New President
Nick Titus is the third-generation leader of the New York distributor.
Minuteman Press International (asi/377000) has announced the promotion of Nick Titus to company president.
Previously the vice president of marketing, Titus is the third-generation president of the Farmingdale, NY-based distributor with nearly 1,000 independently owned and operated franchises worldwide.
“We have a tremendous company with incredible people who care about its success,” Nick said in a press release. “Most importantly, the foundation and strength of our organization relies on having dedicated franchise owners. I believe that our company is strong and we are in a very good position for continued growth.”
Titus started working at Minuteman Press International during summer and winter breaks throughout high school and college. After graduating from Quinnipiac University in 2007 with a degree in business management, he joined the Minuteman Press team full time.
Titus said the company’s three main goals are to get its stores’ average to $750,000 per year in sales; to get its systemwide gross sales to over half a billion dollars; and to reach over 1,000 locations. “We are pushing our support staff to conduct more individual meetings and evaluations to help ensure strong profitability and help make recommendations for continued growth,” Titus said.
CEO Bob Titus, who founded Minuteman Press International with his father Roy in 1973, had served as company president since 1995. Under his leadership, the company’s $1 million stores grew from 13 in 1996 to nearly 100 in 2019.
“I feel it is time for another change,” Bob said. “It is time for the third generation to take the helm. I am so proud and honored to promote my son. Nick has grown up at Minuteman Press like a lot of us and our kids. He also grew up with his grandfather Roy who taught him so much: the work ethic that Roy taught all of us and most important, knowing that our company is only as good as the people we have in business.”