#family-business-succession

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Silicon Valley food
fromThe Mercury News
1 day ago

After 70 years, Original Joe's owners look to sell San Jose landmark

Original Joe's in downtown San Jose will not close, and third-generation owners are seeking buyers to continue its traditions.
Business
fromFortune
5 days ago

McKinsey studied 200 family business successions. The biggest problem wasn't the heir - it was the outgoing CEO | Fortune

Family-owned businesses underperform for five years after CEO transitions, regardless of successor type, largely due to outgoing CEOs leaving too abruptly or staying involved behind the scenes.
UK politics
fromBusiness Matters
1 week ago

JCB succession: Lord Bamford anoints younger son George as heir to 6.5bn digger empire

George Bamford will succeed Lord Bamford as chairman of JCB, ending a long-running succession dispute and reshaping the company’s leadership future.
#logistics-and-supply-chain
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Parenting
fromBusiness Insider
2 months ago

My grandfather founded Radio Flyer. I took over the company at 28 and don't want my kids to feel pressured into the family business.

Robert Pasin, third-generation CEO of Radio Flyer, took over the 109-year-old company at age 28 after his father reluctantly led it, and now encourages his own children to gain work experience elsewhere before joining the family business.
Food & drink
fromNew York Post
4 months ago

Exclusive | Century-old NYC pizzeria Totonno's seeks new owners after family left without heir: 'It's very hard to let go'

Totonno's, a century-old family-owned Brooklyn pizzeria, is up for sale because current owners have no younger relatives to inherit or run it.
France news
fromFortune
5 months ago

Billionaire Castel's daughter seeks CEO ouster in bitter split | Fortune

Heirs of Pierre Castel demanded CEO Gregory Clerc resign and organized a vote to oust him amid accusations of power grabs and disputed strategic direction.
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