JM Family Enterprises announces that Colin Brown, who has served as both president and chief executive officer since 2003, will become chairman of the company's board of directors and remain CEO. Brown will continue to oversee the development and implementation of the company’s objectives and strategies for future growth.
To continue strengthening the company's succession planning and in recognition of his achievements as chief operating officer during the past three years, Brent Burns has been named president and COO of JM Family.
Having served as the COO since 2014 and a board member since 2012, Burns will continue to oversee JM Family’s three operating business units – Southeast Toyota Distributors, World Omni Financial Corp. and JM&A Group – and lead the organization’s information technology strategic planning.
“Brent’s new title reflects his outstanding leadership, commitment to our core values and being an influential voice among our senior leaders throughout his 17 years with JM Family,” said Brown.
Burns was named Chief Financial Officer in 2008 to help navigate JM Family through a challenging economic downturn and established a financial framework that has since supported the businesses in achieving the most profitable years in the company’s history. Before assuming the CFO role, Burns was president of World Omni for seven years where he helped transform Southeast Toyota Finance into a premier financial partner for Toyota dealers in the region. His experience prior to joining JM Family in 2000 included nearly 20 years in automotive operations and finance.
Burns graduated from Florida Atlantic University. He has held positions on the boards of Kids In Distress since 2007 and the Boys & Girls Clubs of Broward County since 2010.
About JM Family Enterprises, Inc.
JM Family Enterprises, Inc., founded by Jim Moran in 1968, is a $14.9 billion diversified automotive company ranked No. 21 on Forbes’ list of “America’s Largest Private Companies.” It is also ranked No. 55 by FORTUNE® as one of the 100 Best Companies to Work For®, its 19th consecutive year on the list. JM Family has more than 4,200 associates and its primary subsidiaries include: Southeast Toyota Distributors, the world’s largest independent distributor of Toyota vehicles; JM&A Group, one of the leading independent providers of finance and insurance (F&I) products in the automotive industry; World Omni Financial Corp., a diversified financial services company; and JM Lexus, the largest volume Lexus dealership in the world. Headquartered in Deerfield Beach, Fla., JM Family has major U.S. operations in Jacksonville and Margate, Fla.; Commerce and Alpharetta, Ga.; Mobile, Ala.; and St. Louis, Mo. Interact with JM Family at Facebook.com/JMFamilyEnterprises.