Transition from Family Business to 100% ESOP
by Email From Joseph, Chair and former CEO, of a 100% ESOP-Owned Company
"Jack, you and
your team lit a fire with me and motivated me to get this CEO Succession
done…. and done right. However I did not want
my fingerprints on the selection because I wanted to preserve the family
relationships in the event my son was not successful.
What We Do : Succession
Over the next 10 years, over 50% of the privately held, family owned or ESOP businesses will be changing ownership.
Are you one of them?
What is your Plan?
What We Do : Governance
Is your board comprised of your spouse, children, friends or key managers? Do you have directors who will challenge your management team on strategy implementation? Are there management conflicts that are disrupting the company? We help implement good governance systems to help CEO's with their challenging problems.
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