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January 31, 2020

Principal makes way for next gen succession at H&M, Louis Dreyfus Company heiress open to selling stake and Hong Kong headwinds hit LVMH.

Principal makes way for next gen succession at H&M

The billionaire Persson family principal of Sweden’s Hennes & Mauritz has called for his son to succeed him as chairman as the $1.7 billion fast fashion family business welcomes its first female chief executive in its 73-year history.

August 27, 2010

Fairfax Media, the Sydney-based publishing and broadcasting company, announced a return to profit in the last year when it released its financial results on 27 August.

Fairfax Media, the Sydney-based publishing and broadcasting company, announced a return to profit in the last year when it released its financial results on 27 August.

Fairfax made a profit after tax of AUD$282 million (€197 million) for the year ending June 2010, compared with a loss of AUD$380 million for the same period in 2009. The company also said it has reduced its net debt by AUD$347 million.

July 20, 2010

John B Fairfax, board member of the family-controlled media company, announced yesterday he will not stand for re-election at the next Fairfax Media AGM.

John B Fairfax, board member of the family-controlled media company, announced yesterday he will not stand for re-election at the next Fairfax Media AGM.

His announcement means the founding family will have only one representative on the company's board, John's son Nicholas Fairfax.

January 29, 2010

The Schnitzer family, which has controlled the US-based Schnitzer Steel Industries since 1906, has dropped below the 20% stock ownership level required to keep control of the company.

The Schnitzer family, which has controlled the US-based Schnitzer Steel Industries since 1906, has dropped below the 20% stock ownership level required to keep control of the company.

A family spokesman told a local Oregon newspaper that the family's reasons for selling included "financial planning, estate planning, funding other investments."
 

September 1, 2006

Tom Davidow is founder and principal of Thomas D Davidow & Associates. Dr. Davidow has more than 20 years of experience working with family controlled enterprises. He is based in Brookline, MA.

September 1, 2004

The globalisation of world economies means many family businesses must grow strategically to survive. More often than not, the growth capital requirements of the family firm clash with the liquidity and control needs of the family shareholders. What to do? Francois de Visscher explains

Francois de Visscher is founder and president of the family business consultancy de Visscher & Co.

The globalisation of world economies means many family businesses must grow strategically to survive. More often than not, the growth capital requirements of the family firm clash with the liquidity and control needs of the family shareholders. What to do? Francois de Visscher explains

January 1, 2004

Recent events around corporate scandal present new challenges for family controlled public companies and their shareholders. Among the challenges is the diversification of the composition of boards, but just how far should reforms go?

Daisy Medici is Managing Director of Genus Resources, a US-based firm that provides consultation to family controlled enterprises across the US and internationally.

Recent events around corporate scandal present new challenges for family controlled public companies and their shareholders. Among the challenges is the diversification of the composition of boards, but just how far should reforms go?

June 1, 2002

It’s about control: family businesses in Germany

Sabine Klein is Research Fellow, Family Firm Initiative at INSEAD, Fontainebleu, France; lecturer, Trier University, Germany; and Associate of The Family Business Consulting Group.

It's about control: family businesses in Germany

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