James Limousine retiring CEO and co-owner Randy Allen
James Limousine Service has announced the retirement of CEO and co-owner Randy Allen, effectively immediately. Co-owner Hope Newcomb, currently COO, assumes the role of CEO and welcomes a new business partner, Jimmy Koontz. Koontz is an owner of several successful service-oriented businesses in the Richmond area. The management team, employees, and headquarters of the company will remain unchanged.
Allen, along with his wife and another investor, became an owner of James Limousine in 2007. The company, which was founded in 1992, flourished under the new leadership and went on to become one of the largest and most respected chauffeured ground transportation services in Virginia serving most of the Fortune 500 Companies locally. Newcomb has been integral to the success of the business since joining the company in 2012 and becoming a co-owner in 2017.
“I am very proud of the outstanding reputation of James Limousine among our clients and peers, and truly grateful to the dedication to outstanding customer service of our employees,” said Allen. “It is largely due to the commitment of each member of our management team and our employees that I am able to step aside with confidence in the company’s on-going success and secure future.”
“We are very excited to continue the successful brand of James Limousine that so many have entrusted with their transportation needs, and look forward to what the future holds”, said Newcomb.
James Limousine is well known for providing corporate transportation, group and meeting logistics, and chauffeured services for private events including weddings and wine tours. Allen has been active and involved in the limousine industry for 20 years after retiring from executive management positions in corporate America. His attention to detail and financial knowledge has been the driving force behind the growth of James Limousine, and his confidence in Newcomb and Koontz has allowed him to enter retirement knowing the business, employees, and customers are all in capable hands. Allen will continue to represent the company in industry trade associations, including board positions in the Virginia Business Travel Association and Virginia Limousine Association.
Ken Lucci from DrivingTransactions.com was pleased to represent Allen during this process and help facilitate his transition to a well-deserved retirement. Ken and his business partner Cole Weber wish Newcomb and Koontz good luck as the business remains a family-owned success story and enters a new era of leadership.
Visit jameslimousine.com for more information.
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