However, on December 18, 2007, Terrance Smith resigned as president and CEO after seven years when the views of the company's board of directors began to diverge from his views. Matthew Higgins became the new president and CEO of the company, with his twin brother, Michael Higgins, as COO.
A shift in leadership occurred on December 18, 2007, when Terrance Smith relinquished his roles as president and CEO after seven years, following a divergence of views between the company's board of directors and his own. Matthew Higgins succeeded him as president and CEO, with Michael Higgins, his twin brother, assuming the position of COO.