Vimeo
LinkedIn
Instagram
Share |

succession

July 1, 2014

A UK family business expert has called into question findings from a Barclays survey that claims to shed light on relatives' relationships in a family business.

A UK family business expert has called into question findings from a Barclays survey that claims to shed light on relatives' relationships in a family business.

The study, Second Generation Family SMEs in the UK, asked 2,003 members of the British public whether they would hire a family member when setting up a business.

According to the study, 23% of the British public would prefer to work with siblings, followed by fathers at 9% and mothers at 7%.

May 14, 2014

Basing a family business in Cyprus or Poland instead of Denmark or France could significantly alter the tax burden on the next generation following succession, according to new analysis released by KPMG and European Family Businesses.

Basing a family business in Cyprus or Poland instead of Denmark or France could significantly alter the tax burden on the next generation following succession, according to new analysis released by KPMG and European Family Businesses.

May 6, 2014

Ingvar Kamprad, the founder of Swedish flat-pack furniture chain Ikea, has relinquished his last formal roles in the business he founded in 1943. 

Ingvar Kamprad, the founder of Swedish flat-pack furniture chain Ikea, has relinquished his last formal roles in the business he founded in 1943.

Kamprad, 88, left his roles on the boards of the two foundations that control Ikea's assets in late December last year, but the announcement was only made recently.

March 26, 2014

Rupert Murdoch appears to have anointed Lachlan Murdoch his family business heir apparent, in a reshuffle in 21st Century Fox and NewsCorp senior management this week, appointing the 42-year-old his co-chair at both companies.

Rupert Murdoch appears to have anointed Lachlan Murdoch his family business heir apparent, in a reshuffle in 21st Century Fox and NewsCorp senior management this week, appointing the 42-year-old his co-chair at both companies.

Lachlan's brother James Murdoch, once seen as the most likely successor to the Murdoch family empire, was promoted to co-chief operating office at 21st Century Fox, but will not be working in such a direct relationship with his father.

December 27, 2013

Next-gens might feel that the older generation aren’t doing enough to help them develop a good relationship with the family firm. But they can take matters into their own hands. CampdenFB takes a look. 

Next-gens might feel that the older generation aren’t doing enough to help them develop a good relationship with the family firm. But they can take matters into their own hands. CampdenFB takes a look.

October 18, 2013

The third-gen chief executive of Italian confectioner Ferrero has rejected speculation the company is to be sold to Nestle, as questions about succession loom over the family firm.

The third-gen chief executive of Italian confectioner Ferrero has rejected speculation the company is to be sold to Nestle, as questions about succession loom over the family firm.

Giovanni Ferrero released a statement on Thursday saying the company had been approached by rival foods conglomerate Nestle, but that it was not for sale.

Commentators, however, think the company's future is far from decided, especially since the death of Ferrero's co-chief executive, Giovanni's elder brother Pietro, in 2011 from a heart attack at the age of 47.

September 16, 2013

Successful family business in their fourth generation "prune" out next gens to ensure that only family members committed to the longevity of the business remain within the ownership structure, according to research. 

Successful family business in their fourth generation "prune" out next gens to ensure that only family members committed to the longevity of the business remain within the ownership structure, according to research.

In a recently published report – Good Fortune: Building A Hundred Year Family Enterprise – Massachusetts-based research firm Wise Counsel, aimed to uncover the unifying characteristics underpinning the success of long-term family businesses.

September 10, 2013

Volkswagen chairman, Ferdinand Piech, 76, has refuted speculation he is soon to step down due to poor health and has said he will serve out the rest of his contract.

Volkswagen chairman, Ferdinand Piech, 76, has refuted speculation he is soon to step down due to poor health and has said he will serve out the rest of his contract.

He made the statement to reporters at the Frankfurt car show in response to reports last week that company chief executive Martin Winterkorn was soon to takeover.

Piech’s contract, extended last year, runs into 2017.

It was rumoured that Volkswagen finance chief Hans Dieter Poetsch would replace Winterkorn until a longer-term solution was found.

August 21, 2013

A second-gen Californian winegrower, who, as a child, helped his father plant the family’s first vineyards in Monterey County, has now been appointed chief executive and chairman of the family’s wine empire.

A second-gen Californian winegrower, who, as a child, helped his father plant the family’s first vineyards in Monterey County, has now been appointed chief executive and chairman of the family’s wine empire.

J. Lohr Vineyards & Wines, founded by Jerry Lohr in the early 1970s, announced Steve Lohr’s promotion this week. For the past four years he has been executive vice president and chief operating officer.

Click here >>
Close