IMG Citrus and Groveland, Fla.-based Cherrylake Inc., both subsidiaries of IMG Enterprises, have announced they have appointed Melanie Ressler, Timothee Sallin and Chloe Gentry as co-CEOs of the company.
IMG Citrus, located in Vero Beach, Fla., is a citrus grower, packer, marketer and shipper with more than 9,000 acres of citrus, according to a news release.
Michel Sallin, co-founder of IMG Enterprises and previously sole CEO, will continue on the board of directors, according to the release.
For IMG Enterprises, the unconventional approach of co-CEOs emerged as a result of over a decade of succession planning, according to the release.
IMG Enterprises’ approach is unique because all three of the founders’ children are named as co-CEOs, according to the release.
With a history of over 40 years, IMG Enterprises has grown substantially under the leadership of its co-founders, Michel and Veronique Sallin, according to the release.
The decision to retire and pass on their legacy to their three children is a big transition.
However, the three siblings, Ressler, Sallin and Gentry, have been a close-working team at the company for years, according to the release.
“Each of them has extensive experience with the operational and strategic knowledge of the enterprise, as well as passion and alignment towards our vision,” Michel Sallin said in the release.
“Together, they bring a critical understanding of the strategic, financial, operational and human dynamics of our enterprise.”
“IMG Enterprises is a value-driven company,” Gentry said in the release.
“Most decisions are made as a group and through the spirit of collaboration. We firmly believe that together as co-CEOs we can make decisions better than a singular person.”
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