William Lincicome, ASLA, AIA and chief creative officer, and James McCutcheon, CLP and chief executive officer, have acquired President Kenneth Rogers’ ownership shares of HighGrove Partners in a share purchase agreement.
“Bill and I have the highest respect for Ken’s talent and expertise in operations and finance, which has contributed immensely to HighGrove,” McCutcheon says. “We are coming off one of our strongest years and Ken played a big role in this achievement as well as many others. As we look at our company vision and long-term goals for the future, we believe this decision is a step in solidifying the ultimate direction that we are heading in.”
Rogers’ departure will not change the company’s goals, McCutcheon says.
“Ultimately, as a company, we will continue to be the best we can in the Southeast and ramp up our growth and innovation to absolutely be the best,” he says.
Until a Chief Financial Officer is selected, McCutcheon will play a more active role in running the company’s daily operations.
“It’s more of a temporary step,” he says. “We have a wonderful staff that handles most of the day-to-day operations. I’m going to provide leadership to those folks reporting to Ken just to stay on track. Ultimately, we will be hiring a CFO and rebuilding the structure around that.”
McCutcheon says he’s opening the search for a new CFO this week, although he intends to take his time to find the right candidate for the position.
Post Properties sold its landscape group to Lincicome, McCutcheon and Rogers, who took the company private in 2001 and renamed it to HighGrove Partners.