The boss is retiring. The kids don"t want to take over. Family-owned manufacturers confront a succession ‘crisis’
Terry Iverson, president and CEO of the manu.....»»
End of the Line? Retiring manufacturers wonder who will step up when they step out
Manufacturing is often touted by city leadership as a growth industry for San Antonio. But as some old stalwarts prepare to retire, what can be done to keep family-run factories locally owned and in town?.....»»
Former Boeing boss pays tribute to retiring Alaska CEO"s leadership — and his flying
"We were just these two Burien kids who came up through the ranks and stayed close to home," former Boeing executive Ray Connor says. His longtime friend Brad Tilden will retire as Alaska Airline's CEO on March 31......»»
Kushner Cos. faces financial squeeze over WeWork, coronavirus
Kushner Cos., the real estate firm owned by members of Jared Kushner’s family, is staring down another crisis. The firm’s partnership in four Brooklyn office buildings barely covered debt payments... To view the full story, click the title link......»»
A retiree who stopped working at 52 shares a "major financial shock" of retirement: his kids
Courtesy Dirk Cotton Dirk Cotton retired from AOL at age 52. After retiring, he was surprised by two big expenses: healthcare, and his children. Since he started a family later in life, his retirement and his ch.....»»
Texas Research & Technology Foundation"s new venture looks to buy family-owned businesses
A new Texas Research & Technology Foundation subsidiary, TRTF Community House, looks to acquire local successful family-owned businesses that lack succession plans, which "equates to roughly 80 percent of local businesses," according to TRTF Commu.....»»
How to start the conversation with your family when you’re ready to retire as the owner
The largest slice of America’s wealth lies with family-owned businesses and as the baby boomer population ages many of these businesses will be passed the next generation. The options for a retiring family-owned business owner are countless and can.....»»
Why a family-owned business should consider an ESOP
In the world of succession planning options, an employee stock ownership plan (ESOP) is an alternative to a third-party sale that warrants consideration from privately held business owners. An ESOP provides a tool for a business owner to create an .....»»
UPS stays in the family -- again -- to replace retiring executive
UPS has pulled the trigger on another succession plan for its executive team. The United Parcel Service Inc. (NYSE: UPS) said Monday it appointed George Willis to president of U.S. Operations, succeeding Myron Gray, who is retiring after 40 year.....»»
The Wall Street Journal: David Koch retiring from Koch Industries and all Koch brothers political activity
Billionaire businessman David Koch, who with brother Charles Koch has used his fortune to help reshape Republican politics, announced Tuesday that he is retiring from his family-owned company and all political organizations......»»
David Koch Steps Down From Company, Political Groups
Billionaire businessman David Koch, who along with his brother has used his fortune to help reshape Republican politics, announced Tuesday that he is retiring from his family-owned company and all political organizations......»»
David Koch steps down from company, political groups
Billionaire businessman David Koch, who along with his brother has used his fortune to help reshape Republican politics, announced Tuesday that he is retiring from his family-owned company and all political organizations......»»
David Koch steps down from company, political groups
Billionaire businessman David Koch, who along with his brother has used his fortune to help reshape Republican politics, announced Tuesday that he is retiring from his family-owned company and all political organizations......»»
Why the CEO of this global family business refuses to take his dad"s advice
Roger Lee is the third generation to run his family-owned business, TAL Group — one of the world's largest fashion manufacturers......»»
I"ve visited 93 countries, 57 of them with kids. These 5 underrated spots are great places to enjoy with your family.
Travel blogger Karen Edwards said that her favorite travel spots usually have less tourists and offer her family an authentic cultural experience. Karen Edwards, .....»»
Family-owned hardware stores to change hands after 179 years
The two-store group is selling to a Kansas City company with 160 hardware stores in a dozen states......»»
Central Florida"s top family-owned business boosted local revenue 275% over 2 years
A different construction firm replaced Roger B. Kennedy Construction atop our list of Central Florida's family- and married couples-owned businesses......»»
Op-ed: Save family-owned businesses — reform Hawaii’s Estate Tax
Hawaii is one of t.....»»
I moved my family down south to Florida over 7 years ago. I mostly love it, but life here has been filled with surprises.
My husband and I moved our kids from Maryland to Florida years ago and are still gett.....»»
Bham-area alcoholic beverage distributor plans to lay off 100
The family-owned company brings quality wines, both luxury and budget, from the United States and abroad, to Alabama......»»