DEERFIELD BEACH, Fla. — JM Family Enterprises announced that Colin Brown, who has served as both president and CEO 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 CFO in 2008 to help navigate JM Family through a challenging economic downturn. He is credited with establishing 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.