Vimeo
LinkedIn
Instagram
Share |

management

April 25, 2013

When brothers and sisters work together in a family business the scope for problems is huge. But if managed carefully these relationships can be both productive and fulfilling.

There’s hardly a sadder tale of sibling problems than that of the Chadha brothers, the family behind Indian conglomerate Wave. The beginning of the story will be familiar to many families – a migrant father who started a small retail business and a second generation that took that company to a new level, turning it into a successful empire with interests in food processing, technology, distilling and real estate among others.

February 18, 2011

Family-controlled luxury goods company, PPR, announced on 17 February that group head Francois-Henri Pinault will take direct control of the luxury business group, amid an announcement of a rise in the company’s profits.

Family-controlled luxury goods company, PPR, announced on 17 February that group head Francois-Henri Pinault will take direct control of the luxury business group, amid an announcement of a rise in the company’s profits.

The Paris-based company said in a statement that the luxury business group, which includes Gucci, Bottega Veneta and YSL, will report directly to Pinault, second-generation head of PPR, and the individual brands will continue to retain autonomy under its respective directors.

October 26, 2010

Everyone agrees that investments made directly into private companies are inherently risky, and that serious monitoring is required to manage that risk properly, writes Christian Mustad.

Everyone agrees that investments made directly into private companies are inherently risky, and that serious monitoring is required to manage that risk properly, writes Christian Mustad.

January 13, 2010

Through their vast network of relationships, high net worth individuals are constantly made aware of entrepreneurial ventures or private companies looking for investors, writes Christian Mustad

Through their vast network of relationships, high net worth individuals are constantly made aware of entrepreneurial ventures or private companies looking for investors. When such an opportunity matches both their own entrepreneurial spirit as well as their passions, they will often invest significant amounts into private companies.

October 28, 2008

The family owner-managers of Dillard’s, the American retailer, have been castigated by two activist hedge fund investors who are calling for the family to be removed from the company.

The family owner-managers of Dillard's, the American retailer, have been castigated by two activist hedge fund investors who are calling for the family to be removed from the company.
 
In a letter to the US Securities and Exchange Commission, Barington Capital Group and Clinton Group wrote that, with the exception of third-generation William Dillard III, "each of the other members of the Dillard family is overpaid and under-qualified for the positions they hold and can be readily replaced with more talented retailers."
 

July 1, 2008

The prospect of a family member succeeding Patrick Ricard at the family-owned drinks company came a little closer today as a member of the third generation stepped up as part of a company-wide shake up.

The prospect of a family member succeeding Patrick Ricard (pictured) at the family-owned drinks company came a little closer today as a member of the third generation stepped up as part of a company-wide shake up.

Patrick's nephew Alexandre Ricard moves up to take the post of chairman & CEO Irish Distillers. Alexandre, 35, has been managing director of Pernod Ricard Asia Duty Free since September 2006. He joined the business in 2003 as an audit and business development manager after graduating from ESCP and Wharton.

June 5, 2008

Pierre Beaudoin, grandson of Bombardier founder Joseph-Armand Bombardier, has become president and CEO of the Canada-based transportation and aerospace company.

Pierre Beaudoin (pictured), grandson of Bombardier founder Joseph-Armand Bombardier, has become president and CEO of the Canada-based transportation and aerospace company. His father, Laurent, is stepping down after 42 years at the top.

Laurent's last duty as president was to announce the firm's first quarterly results, which showed a revenue growth of 21% to reach $4.8 billion. He will continue as chairman - a role he has held since 1979.

April 16, 2008

DundeeWealth, a Canadian family-owned wealth management company, has launched a Canada-focused suite of funds in Europe.

DundeeWealth, a Canadian family-owned wealth management company, has launched a Canada-focused suite of funds in Europe. The funds aim to give European investors immediate access to Canada's strong economy and commodities market.

"DundeeWealth has a reputation in Canada for investment excellence and product innovation," said David Goodman, president and CEO of DundeeWealth, which oversees $59.1 billion in assets under management.

September 1, 2006

Is passing the baton just a question of the transfer of management responsibility and away we go?

John Tucker  is director of the International Centre for Families in Business.

Is passing the baton just a question of the transfer of management responsibility and away we go?

Click here >>
Close