BREAKOUT 4: Steering the Conversation on Business Succession

Learn how non-family business executives can lead discussions on succession and why you may want to facilitate this process. In this session, Charlie and Jonathan will share data and case studies from successful (and unsuccessful) successions at leading family enterprises and engage in a group discussion to help answer the following questions:

• What does succession really mean for the business and family leadership?
• What guidelines should you employ for ownership succession and passing shares, as well as governance succession of board positions?
• How are you preparing the next generation for leadership succession and what tactics are you employing for the estate?
• What does the ‘missing middle’ mean to a family business’s strategic plan and how can it affect the succession process?

Presenters: Charlie Carr, US Family Enterprises Advisory Leader, PwC; Jonathan Flack, US Family Business Services Leader, PwC