NOVI, Mich – Residex announced changes to the structure of their ownership board. Chris Donaghy, founder of Residex and orchestrator of the Residex – Turfgrass merger, will move to the position of Chairman of the Board. “This is the natural progression of the merger plan that Chris developed in 2010,” said Frank Ralko, V.P. of operations, Residex. “Chris’ contributions to Residex are without parallel. Residex functions as a family that cares for one another and our customers.”
Ralko added, “Chris has successfully unified the cultures of two companies and communicated his vision of what Residex needs to be in order to be successful in a dynamic marketplace. The senior management team has beenbworking diligently to execute the merger plan that was laid out by Mr. Donaghy in late 2010. His seminal work laid the critical foundation pieces to our current structure.”
Today’s announcement reflects Donaghy’s long-standing plan to bring the organization together, oversee the physical relocation of headquarters, the merging of two enterprise software platforms and standardization of company policies and procedures, before moving into the role of Chairman. Most importantly, he wanted to foster the development of two organizations into a stronger single entity.
“Chris has demonstrated his passion for the success of this merger time and time again,” said Todd Griebe, company president. “He played a crucial role in making the merger happen and was instrumental in bringing the two companies together. He has worked tirelessly to communicate our clear, consistent mission and vision to all of our dedicated staff. The road forward is paved so we can focus on serving our customers with the best products and solutions in the industry.”
Griebe added, “I personally want to thank Chris for the time and energy he has devoted to me, our people and the industry in making Residex what it is today.”