James McLaughlin will retire as CEO of Boston Omaha Corp. unit Link Media Holdings LLC, effective Jan. 1, 2020.

The company tapped Scott LaFoy, the head of mergers and acquisitions at Link Media, as interim CEO of the company. McLaughlin will work in a consulting role through the first quarter of 2020 to help with the transition.

Link Media initiated a search for a permanent CEO and will consider LaFoy and external candidates for the position, according to a Dec. 13 news release.