Vimeo
LinkedIn
Instagram
Share |

Succession

August 2, 2013

Roshni Nadar Malhotra, the only child of HCL Corporation founder, Shiv Nadar, has been appointed a non-executive director on the board of the group’s software services firm, HCL Technologies.

Roshni Nadar Malhotra, the only child of HCL Corporation founder, Shiv Nadar, has been appointed a non-executive director on the board of the group’s software services firm, HCL Technologies.

Revealed in the company’s annual report, released this week, the appointment is being touted by the Indian media as a preparatory step in Nadar’s succession plan for the multi-billion dollar company.

July 11, 2013

Sixth gen to take over at Hermes, Maxime Carmignac takes over the family business’s UK office, and M&S family member says the retailer needs to modernise.

Sixth gen to take over at Hermes, Maxime Carmignac takes over the family business’s UK office, and M&S family member says the retailer needs to modernise.

June 13, 2013

German headphones and electronics company Sennheiser has announced the appointment of two third-gens to take control of the family business.

German headphones and electronics company Sennheiser has announced the appointment of two third-gens to take control of the family business.

Daniel and Andreas Sennheiser will take over as joint chief executives and speakers of the executive management board, effective 1 July.

Their father, Jorg, is the current chairman of the supervisory board. His father, Professor Fritz Sennheiser, founded the company in 1945.

June 7, 2013

The chairman of Paris-based advertising and communications group Havas, Vincent Bollore, has told shareholders he would like his son Yannick to take over his role at the company, which is majority owned by the family’s eponymous holding company.

The chairman of Paris-based advertising and communications group Havas, Vincent Bollore, has told shareholders he would like his son Yannick to take over his role at the company, which is majority owned by the family’s eponymous holding company – now in its sixth generation, with Bollore at the helm.

May 21, 2013

Outdoor retailer L.L. Bean has announced Shawn Gorman – great-grandson of the family business’s founder – as its new chairman, in the culmination of a leadership transition initiated by Gorman’s uncle Leon two years ago.

Outdoor retailer L.L. Bean has announced Shawn Gorman – great-grandson of the family business’s founder – as its new chairman, in the culmination of a leadership transition initiated by Gorman’s uncle Leon two years ago.

May 8, 2013

One of China’s best-known companies is to shun second-generation management in favour of passing on control to non-family managers. 

One of China’s best-known companies is to shun second-generation management in favour of passing on control to non-family managers.

Ren Zhengfei, who founded Huawei Technologies – China’s biggest technology company with revenues of more than $35 billion (€30 billion)– 26 years ago, said he would not be passing on the business to any member of his family.

April 10, 2013

George's Inc, one of the US's largest privately owned poultry companies, is strengthening family control by promoting fourth-gen brothers to the role of joint chief executive and president.

George's Inc, one of the US's largest privately owned poultry companies, is strengthening family control by promoting fourth-gen brothers to the role of joint chief executive and president.

Carl and Charles George joined the $900-million-a-year (€687 million), Arkansas-based family business in 1997 fresh from school, working their way up to the executive team in 2006.

March 15, 2013

Second-generation Pierre Karl Peladeau is stepping down as chief executive of Canadian family business Quebecor, naming a non-family member as his replacement. 

Second-generation Pierre Karl Peladeau is stepping down as chief executive of Canadian family business Quebecor, naming a non-family member as his replacement.

Peladeau, who held the chief executive role for 14 years, will now become vice-chairman of the media business founded by his father, Pierre.

He will also serve as chairman of the boards of QMI and of TVA Group, two subsidiaries the holding company controls through Quebecor Media. Quebecor holds a 75% stake in Quebecor Media.

February 15, 2013

A fifth-generation member of the Ford family has been promoted vice-president of the eponymous US carmaker. Elena Ford is also poised to take the wheel of a new division managing strategy and customer service at Ford dealerships in March.

A fifth-generation member of the Ford family has been promoted vice-president of the eponymous US carmaker. Elena Ford is also poised to take the wheel of a new division managing strategy and customer service at Ford dealerships in March.

Click here >>
Close