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Mr.Lively received a Bachelor of Arts Degree from the University of Richmond in 1956. He went to work for as maintenance Repair Specialist at General Electric Co in 1956. In 1958, he became a Property Claims Adjuster for Federated Mutual Implement and Hardware Insurance Co. In Richmond, VA. He was promoted to Claims Supervisor in 1960. In 1967, he accepted a job to open a new office for Western Salvage and Appraisal Co., in Atlanta, GA. Frank began as a field rep for that company until in 1974 he was promoted to the position of Manager of the Southeastern Region. During that period of time, from 1974 until 1980, and with the growth of the company, there were three satellite offices opened in the Southeastern Region.
In 1981, Frank was offered and he accepted a position with Underwriters Salvage Co., of Chicago, as Regional Vice President. Underwriters Salvage was the largest salvage company in the nation owned by a cartel of insurance companies. In 1983, Frank was offered a position with Blackmon Mooring Co., as a V P of Marketing and Sales for their catastrophe company. In 1984, M. F. Bank Co. (formerly Western Salvage). In 1985, Mr. Lively founded the Restoration Company (TRC), which was to be headquartered in Atlanta.
Frank served as President and CEO of TRC from 1985 until 1994 when he sold his partnership in TRC. During that period of time, TRC grew from a start-up to sales of $20 million and had three branch offices. The company was called to serve the insurance industry all over the world, including Italy, the UK, Fiji Islands, Australia, Singapore, Canada, Mexico, and others. The largest restoration job ever in the USA was the restoration of the World Trade Center in New York in 1993 when terrorists attacked it. Because of the company's reputation the port authority hired TRC, immediately without the job going out for bid. TRC with 110 supervisors worked 3,400 laborers 24 hours per day and completed the job in 16 days.
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