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February 3, 2021

Family businesses are more vulnerable to inadequate succession planning because, understandably, members of every generation involved with the business are likely reluctant to discuss, much less contemplate, the incapacity or death of the current leaders.

Family businesses are more vulnerable to inadequate succession planning because, understandably, members of every generation involved with the business are likely reluctant to discuss, much less contemplate, the incapacity or death of the current leaders.

November 8, 2020

Digitalisation, flexibility and safety keep Melia’s doors open against drop in revenue, Otto Group ‘bounces back’ off e-commerce acceleration, Clark family rescue shoe business with LionRock Capital deal.

Digitalisation, flexibility and safety keep Melia’s doors open against drop in revenue

Spain’s Escarrer family is determined to improve the competitiveness and efficiencies of its global hotel business after counting the cost of the “terrible” impact of the Covid-19 pandemic on the travel industry.

March 23, 2020

The boards of family businesses need to step up their professionalisation to broaden succession planning, introduce the next generation and improve the gender mix, says a leading international family business consultant.

The boards of family businesses need to step up their professionalisation to broaden succession planning, introduce the next generation and improve the gender mix, says a leading international family business consultant.

October 31, 2019

European family business titans Fiat Chrysler and LVMH look to consolidate their dominance in their automaking and luxury goods markets in an uncertain world by eyeing multi-billion dollar mergers.

European family business titans Fiat Chrysler and LVMH look to consolidate their dominance in their automaking and luxury goods markets in an uncertain world by eyeing multi-billion dollar mergers.

The Italian Agnelli family, which controls Fiat Chrysler through its holding company Exor, was expected to approve the proposed $48 billion union with Peugeot-owner PSA, itself 12.2% owned by the French Peugeot family.

August 2, 2019

The first fourth-generation family member to lead the Nathan Cummings Foundation says a root and branch restructuring of the New York-based philanthropic institution is the best way to honour her family’s legacy.

The first fourth-generation family member to lead the Nathan Cummings Foundation says a root and branch restructuring of the New York-based philanthropic institution is the best way to honour her family’s legacy.

Jaimie Mayer, the 36-year-old great-granddaughter of the founding Canadian-born US businessman, investor and philanthropist, succeeded Ruth Cummings as chair of the board of trustees.

Mayer looked set to introduce changes in culture and policy, and movement building at the 30-year-old family foundation.

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