Ownership change at major real estate company

LSI Cos.' founder Randy Thibaut has stepped aside, son Justin has taken over

  • By Louis Llovio
  • | 4:10 p.m. January 20, 2022
  • | 0 Free Articles Remaining!
COURTESY: Randy and Justin Thibaut have completed a five-year succession plan for the ownership and leadership at LSI.
COURTESY: Randy and Justin Thibaut have completed a five-year succession plan for the ownership and leadership at LSI.
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FORT MYERS — LSI Cos., one of the area’s most prominent commercial real estate companies, has new ownership. But the new boss’ name is a familiar one.

Justin Thibaut has taken over the company from his father Randy, who started the business in early 2000. The 34-year-old became president and CEO Jan. 3, in what the company calls an “undisclosed buyout.”

 

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