VGM’s longtime COO retires

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Wednesday, June 7, 2017

WATERLOO, Iowa – Jim Phillips, president and COO of the VGM Group, has retired, VGM announced June 1. Phillips has spent 25 years at the company, the last nine as COO. He was appointed president in January of 2016. “Jim has been a big part of VGM, and he will be greatly missed,” said Mike Mallaro, VGM’s CEO. “Jim remains a VGM Group board member, valued adviser and friend to so many of us in the VGM extended family.” Phillips joined VGM in 1991, when the company’s founder, the late Van G. Miller, recruited him to start an equipment leasing division. Phillips grew the division, known as VGM Financial Services, from one associate to more than 40 associates managing financing for the home health care and golf industries. VGM will not replace Phillips “at this time,” the company stated in an email to HME News. “Responsibilities previously held by the COO will be distributed among members of VGM’s senior leadership team,” it stated.