The purpose of this memo is to announce some leadership evolution at Flynn, but first some background.
Every organization must inevitably face the reality of succession at all levels. Success requires strategic thinking, careful planning, good communication and many steps over time.
I would like to announce that in line with the succession planning journey that we have been on for decades, both John McManus (COO) and I will be stepping back from our current day-to-day duties over a planned period of transition.
We would like to congratulate Dan Sims who has accepted the role and responsibility of President and CEO of this great company, effective July 1st, 2024. Dan will be transitioning into his new role over the next number of months. Dan has worked at Flynn for over 25 years and has successfully taken on more and more responsibility as he has worked his way up in the organization to his current role as Senior Vice President, Western Canada, building relationships at all levels within Flynn as well as with our major customers along the way.
In January 2023 we added a Senior Vice President Leadership layer in our 5 distinct regions, Dan Sims (Western Canada), Mark Agius (Eastern Canada), Aaron Nuss (Western US), Paul Manchisi (Central US) and Paul Nunes (Service). This succession planning structure is working very well and will not change. These regional SVPs are essentially the Chief Operating Officers for their areas of responsibility. Dan Sims will announce his successor later this week.
The opportunities for continued profitable growth for Flynn remain as real today as they have been for the past 40 plus years. The expectation is that the company will continue to pursue profitable growth opportunities, with the result being that the company could very well triple in size over the next 10 years. This would mirror the growth trajectory that the company has been on and would undoubtedly present career opportunities for many people within Flynn.
It is important to note that John and I will both remain significant shareholders in Flynn, and we will remain on the Board of Directors for the foreseeable future. We are simply stepping away from our day-to-day duties as we support the many capable people half a generation younger than us.
We are determined to ensure that the mistakes we have seen in other companies are not repeated in Flynn, where founders have been reluctant to support succession until it is too late to do so proactively in a way which benefits all stakeholders and the long-term success and continuity of the company.
We look forward to a very bright future at Flynn and to supporting the next generation of our leaders.
Should anyone have any questions, please feel free to reach out any time.
Sincerely, Sincerely,
Doug Flynn John McManus
