JM Family Enterprises President and CEO Colin Brown announced the promotion of Ron Coombs to senior vice president and chief financial officer (CFO), overseeing the company’s financial operations.
“Ron has been a respected and valued member of our Executive Management Team (EMT) and throughout his diverse leadership roles, he has demonstrated business foresight with a comprehensive understanding of our operations,” said Brown. “He brings a broad perspective to his new position and I feel fortunate to have such an energetic, experienced colleague working alongside the best associates in the business.”
Coombs joined JM Family in 1999 as vice president for one of its major business units, World Omni Financial Corp. In 2001, he was promoted to CFO of JM&A Group, another primary subsidiary. For the past seven years, he has served as JM&A’s chief operating officer, where he was responsible for all sales and operations functions. Coombs has also been a part of JM Family’s EMT for 10 years, which directs the development and implementation of the company’s long-range planning and strategies for future growth. Prior to JM Family, he worked at Key Bank and the Federal Reserve Bank in Cleveland, Ohio.
Coombs received his master’s degree in business administration from Case Western Reserve University and his bachelor’s degree in economics from Albion College. He and his wife reside in Boca Raton, Fla. with their three children.
About JM Family Enterprises, Inc.
JM Family Enterprises, Inc., founded by Jim Moran in 1968, is a $13.1 billion diversified automotive company ranked No. 34 by FORTUNE® as one of the 100 Best Companies to Work For®, its 17th consecutive year on the list. JM Family has approximately 4,100 associates and its primary subsidiaries include: Southeast Toyota Distributors, the world’s largest independent distributor of Toyota and Scion vehicles; JM&A Group, one of the leading independent providers of finance and insurance products in the automotive industry; World Omni Financial Corp., a diversified financial services company; JM Lexus, the largest volume Lexus dealership in the world; and JM Service Center LLC, the company’s internal shared services center. 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.