- THE MAGAZINE
Heritage Partners, the principal shareholder of Castle Rock Industries Inc., announced the resignation of Jim Sherbert as CEO of Castle Rock. Sherbert will remain on the board of directors and work closely with Heritage Partner's to monitor Heritage's investment.
Dennis Meagher, formerly COO/CFO, will assume the duties of CEO, reporting directly to the board of directors.
"Dennis Meagher has proven to be a very able manager in all areas of the business," Sherbert said in a statement. "I look forward to focusing on key Castle Rock initiatives, supporting Dennis and the management team, as well as contributing to the success of other Heritage portfolio companies."