succession
Heir Lorenzo Bertelli vows to keep Prada in the family, ‘Self-understanding’ mission statement for Bahlsen push in US, Gautam Adani says climate change policies must be equitable and pragmatic.
In 1925, Vincent Massey, the scion of one of the wealthiest families in Canada, did something that Ed Rogers today would find unthinkable. He quit.
Two-headed leadership can be defined as the capacity or art of leading a joint venture with two leaders who have equal conditions with respect to responsibility and participation in terms of decision-making power.
Juergen Heraeus describes himself as “just a shareholder” since he stepped down as chairman of the supervisory board of Heraeus Group after two decades last year. However, that modestly underestimates his revolutionary stewardship of the $3.5 billion family-owned giant, which celebrates its 200th anniversary as a company in 2051.
Families in Asia-Pacific are leading the world at their pace of establishing and evolving family offices as their wealth rockets, the need for succession plans becomes acute and investment returns outperform North American and European family office peers.
Family offices in North America have seen their wealth and returns soar past Asia-Pacific and European contemporaries, despite the Covid-19 pandemic, as their expanding vehicles act on their confident economic outlook and eye cannabis investments and fintech transactions.
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