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Lydia Forte

Next generation anxious over succession of family fortunes

September 7, 2020

More than half of the next generation of family business leaders are worried they will lose the capital their family has created and almost half are worried their own children will lose that wealth.

More than half of the next generation of family business leaders are worried they will lose the capital their family has created and almost half are worried their own children will lose that wealth.

A significant 62% felt it was their responsibility to not only preserve, but grow, their family fortunes, according to a new study by Campden Wealth with RBC.

Service with a style: Hotel heiress Lydia Forte’s ambitions for her family’s luxury hospitality

February 25, 2019

Hospitality is second nature to Lydia Forte, the award-winning hotel heiress who is taking her family business into the 21st century, as she explains to James Beech

Only 24 hours before Lydia Forte graciously accepted the CampdenFB Top Family Business Rising Star award on stage at the European Families in Business Awards in Madrid, she had put the finishing touches to her family’s new £3 million ($3.9 million) refurbishment in Edinburgh.

“I was at our Balmoral Hotel (pictured) where we had the first day of opening to the public of our new restaurant, which has been a long time in the making,” explains Forte, the group director of food and beverage at Rocco Forte Hotels.

Pluck of the Irish as Musgrave Group takes home top award

December 12, 2018

Family and non-family principals of Ireland’s leading food retail and wholesale company crowded the stage to accept the Top Family Business Award 2018 as next generations vowed to build on the success of their families at the gala ceremony in Madrid.

The Irish family that claimed this year’s leading prize at the CampdenFB European Families in Business Awards paid tribute to the “fantastic families” who shared their “best in class” stories on the stage.

The future is female: next generation women in family business, part four

September 28, 2018

There are more chief executives named David or Steve than there are female chief executives in the FTSE 100, but the next generation of women are empowering themselves in family business.

There are more chief executives named David or Steve than there are female chief executives in the FTSE 100, but the next generation of women are empowering themselves in family business.

The future is female: next generation women in family business, part three

September 19, 2018

Family businesses are on course to be led by more women, as responsibilities and wealth transfer to the next generation, and the dividends to society and the balance sheet are already clear.

Family businesses are on course to be led by more women, as responsibilities and wealth transfer to the next generation, and the dividends to society and the balance sheet are already clear.

While it is still far more common to see men at the top in family business, and the gender pay gap closes at a glacial pace, some research suggests that inequality is less acute within family-controlled companies than other businesses.

The future is female: next generation women in family business, part two

September 13, 2018

CampdenFB brings you the next fabulous five of 20 next-generation women we are championing in September who are ones to watch in the global family business community.

Next-generation women could be considered the keepers of the flame of their family’s values, a perspective which could make significant impacts on the policies and practices of the firms they inherit.

The future is female: next generation women in family business, part one

September 6, 2018

The next generation of women in families are advancing gender equality while leading their businesses to even greater success. To recognise their efforts, CampdenFB is profiling 20 ones to watch throughout September.

The next generation of women in families are advancing gender equality while leading their businesses to even greater success through innovation and collaboration.

Yet they still face challenges. Women are underrepresented at the leadership level of global business and family firms are unfortunately no exception.

Senior management roles held by women worldwide increased by a mere 1% in the decade to 2017, according to the newly launched Global Institute for Women’s Leadership at King’s College London.

Madrid toasts the winners of the 2018 European Families in Business Awards

June 13, 2018

Ireland’s Musgrave Group has taken out the top honour at the seventh European Families in Business Awards, presented in Madrid on 12 June.

Ireland’s Musgrave Group has taken out the top honour at the seventh European Families in Business Awards, presented in Madrid on 12 June.

The food retail and wholesale company, whose brands include SuperValu, Centra and Daybreak, impressed the judges with its cutting-edge governance structure, and commitment to sustainability and customer well-being.

Shortlist announced for the European Families in Business Awards 2018

June 5, 2018

The annual European Families in Business Awards is a golden opportunity to see great examples of family businesses adapting and leading in their respective industries, while preserving proud traditions.

Automation, disruption, and the rise of artificial intelligence—all these 21st century technology trends can be seen as both challenges to existing family businesses and opportunities. Two vital ingredients to help business families prosper in the future and use these trends to their advantage are adaptation and leadership.

Top speakers confirmed and nominees shortlisted

April 12, 2018

Exceptional speakers are confirmed and shortlisted nominees are ready for the judges’ consideration now there are just two months to go until Campden Wealth hosts the Davos and Oscars of family business in Europe.