Southwestern University Trustee
Frank P. Krasovec
Frank Krasovec, the CEO of Norwood Investments, is an entrepreneur who has founded highly successful companies in a variety of industries, including food service, health and medicine, telecommunications, and commercial real estate. He currently serves as chairman and co-founder of Dash Brands, Ltd., a major quick-service restaurant platform that which owns the development rights for Domino’s restaurants in all of China, Hong Kong, and Macau. Other current ventures with operations in both Asia and the United States include FastMed, which provides urgent care services, Planet Fitness, a physical-fitness company, and Pacific Springboard, a company promoting healthy lifestyles. Previously, Mr. Krasovec founded Norwood Promotional Products, Inc. and served as its CEO for two decades, during which time it achieved recognition as the nation’s leading supplier of promotional products. He also founded Littlefield Real Estate Company, which over time acquired 50 commercial properties. Having begun his career at Pittsburgh National Bank, Mr. Krasovec later was one of the co-founders of The Rust Group, a Texas-based investment partnership that was heavily involved with various telecommunications companies.
Mr. Krasovec also has been deeply involved in higher education. For a number of years, he served as the chairman of the Ohio University Foundation board, reorganizing the foundation and leading a campaign that grew the endowment from $200 million to $1 billion. In 2008 the Governor of Ohio appointed him to the Ohio Board of Regents, an agency that oversees higher education for the state. Mr. Krasovec is also active in the Austin/San Antonio Young Presidents’ Organization and was a founding member of the World Presidents’ Organization.
Frank earned his bachelor’s degree in business administration from Ohio University in 1965 and his MBA from that institution in 1966. Prior to becoming a Southwestern trustee, Frank was a member of Southwestern’s board of visitors.