Edelman Trust Barometer

Family business successors face public trust crisis: Edelman

October 11, 2017

Next-generation successors face an uphill battle to overcome a “wealth stigma” and restore public trust in family businesses eroded by an underlying “mass-class” conflict.

Next-generation successors face an uphill battle to overcome a “wealth stigma” and restore public trust in family businesses eroded by an underlying “mass-class” conflict.

That is the stark warning from Richard Edelman—second-generation president and chief executive of public relations firm Edelman following its report 2017 Trust Barometer—Special Report: Family Business.

Family business Roundup: Henkel, Reliance Industries, Edelman

January 22, 2016

Henkel names new CEO; Reliance issues share to battle Bharti; Family businesses top Edelman trust poll

Henkel names Hans Van Bylen as new CEO
Hans Van Bylen is to take over at German consumer goods maker Henkel after its incumbent chief executive Kasper Rorsted left to become the new CEO of Adidas.

Van Bylen, Henkel’s former head of the beauty care business, joined the family-controlled firm in 1984 and has been a member of the management board since 2005.

Family-owned firms the most trusted

February 10, 2014

Family-owned firms are the most trusted businesses globally, a new survey released this month reveals, but one family business expert says not all family businesses are doing enough to exploit their reputation.

According to the 2014 Edelman Trust Barometer, 71% of respondents said they trusted family-owned businesses, just ahead of small and medium enterprises, which were trusted by 68% of respondents.

In North America family-ownership played an even bigger role in trust, with 85% of respondents there saying they trusted this ownership model.