September 22, 2017 7:46 PM ET

Specialty Retail

Company Overview of JM Family Enterprises, Inc.

Company Overview

JM Family Enterprises, Inc. focuses on vehicle distribution and processing, retail vehicle sales, and dealer technology services. The company distributes vehicles, parts, and accessories to independent Toyota dealerships in Alabama, Florida, Georgia, and North and South Carolina; provides finance and insurance products, such as new and used vehicle protection plans, pre-paid maintenance plans, used vehicle certification programs, and guaranteed asset protection programs for the automotive industry; and offers products and services to automotive dealers, consumers, and lenders. It also provides floorplan inventory verification; floorplan accounting and risk management systems; and service cen...

100 Jim Moran Boulevard

Deerfield Beach, FL 33442

United States

Founded in 1968





Key Executives for JM Family Enterprises, Inc.

Chairman & Chief Executive Officer
President, COO & Director
Age: 57
Chief Financial Officer and Executive Vice President
Executive Vice President and President of Southeast Toyota Distributors LLC
Age: 56
Executive Vice President
Compensation as of Fiscal Year 2017.

JM Family Enterprises, Inc. Key Developments

JM Family Announces Executive Changes

JM Family Enterprises announced 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. 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.

JM Family Enterprises, Inc. Announces Executive Promotions

JM Family Enterprises, Inc. as part of long-term growth strategy, the Executive Management Team announced four senior-level promotions. Rajeev Ravindran was named chief information officer for JM Family. Most recently, Ravindran served as the group vice president of ITS, overseeing the direction of technology across the enterprise. Hank Grooms, was appointed to group vice president of Marketing and Field Operations for Southeast Toyota Distributors. Grooms began his career with JM Family in 1990 as a branch operations manager for one of the other subsidiaries World Omni Financial Corp. and held various leadership roles throughout his 25-year career with JM Family. Ed Brown will return as group vice president of Operations. Brown has held a number of leadership roles since joining JM Family in 2003, most recently as group vice president of Healthcare Services, Aviation and Marine. Joanna Sherry has been promoted to vice president of Sales and Marketing for World Omni. Sherry joined the company in 2014 as assistant vice president of Marketing with nearly twenty years of leadership experience in marketing at Ford Motor Company, Carfax and Volkswagen Credit.

JM Family Enterprises Promotes Ron Coombs to Senior Vice President and Chief Financial Officer

JM Family Enterprises announced the promotion of Ron Coombs to senior vice president and chief financial officer (CFO), overseeing the company's financial operations. Coombs joined the company in 1999 as vice president for one of its major business units, World Omni Financial Corp. Prior to the company, he worked at Key Bank and the Federal Reserve Bank in Cleveland, Ohio.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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