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American Eagle Outfitters plans more store closings

Published May 18, 2017 |

American Eagle Outfitters, a public company controlled by the Schottenstein family, plans to close more stores in the fiscal year that ends in April 2018, the Pittsburgh Business Times reported.The co...

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N.Y. real estate family end their feud

Published May 17, 2017 |

New York real estate developer Jeffrey Feil and his sisters Marilyn Barry and Carole Feil have resolved a feud they have waged for more than eight years, the Wall Street Journal reported.The siblingsâ...

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A.G. Sulzberger takes over N.Y. Times’ opinion section

Published May 16, 2017 |

Arthur Gregg Sulzberger, deputy publisher of the New York Times, will oversee the paper’s opinion section. He is taking over those duties from his father, Arthur Ochs Sulzberger Jr., the Times’ pu...

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Sisterly showdown over parents’ art fortune

Published May 15, 2017 |

Estranged sisters of a real estate mogul are going head to head from competing auction houses to sell off their family’s art collection, according to a report by Bloomberg.Pamela Sanders and Lise Sp...

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Bombardier’s Gen 3 CEO to step down

Published May 14, 2017 |

Pierre Beaudoin, whose grandfather founded Canadian transportation company Bombardier Inc., has agreed to step down as CEO. Beaudoin will resign as executive chairman effective June 30 but will remain...

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Activist investor seeks to replace Taubman CEO, lead director

Published May 14, 2017 |

Land & Buildings Investment Management LLC, activist investor Jonathan Litt’s hedge fund, filed proxy materials nominating Litt and corporate governance specialist Charles Elson to the board of ...

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Bolloré moves closer to merging Vivendi and Havas

Published May 14, 2017 |

French media conglomerate Vivendi has offered to buy Groupe Bolloré’s 60% stake in advertising group Havas in a €2.36 billion deal.Vincent Bolloré’s family conglomerate controls both Vivendi a...

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G3 Lynsi Snyder inherits more In-N-Out shares

Published May 14, 2017 |

Lynsi Snyder, granddaughter of the founders of the In-N-Out burger chain, inherited more shares in her family business on her recent 35th birthday. Snyder, who had inherited 50% of the company when sh...

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University family business clubs: An important resource for NextGens

Published May 9, 2017 Carol B. Wittmeyer | Advisers

As business families seek ever more effective ways to cultivate their next-generation leaders to meet tomorrow's challenges, many turn to educational institutions to deliver a robust business educatio...

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Seven essential initiatives ensure family business growth and survival

Published May 9, 2017 George A. Isaac | Advisers

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Is your family prepared to manage potential risks to your reputation?

Published May 9, 2017 Daisy Medici | Advisers

Whether your family oversees one or more operating companies or a family office that manages investable assets, the word "risk" usually connotes concepts such as overconcentration, lack of diversifica...

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Pittsburgh business welcomes Gen 3

Published May 9, 2017 April Hall | Departments

With jobs at Kraft Heinz Co. and Keurig Green Mountain, Chris Droney was carving out a corporate career in supply-chain operations. He hadn't thought about joining his parents at Mt. Lebanon Office Fu...

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A road warrior's influence lives on

Published May 9, 2017 April Hall | Departments

The fact that Michael Boccacino all but refused to work out of a traditional office space has informed his successors' approach to the family business. Boccacino Heating and Cooling is moving into the...

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Celebration Corner: Crescent Jewelry's 175th anniversary

Published May 9, 2017 Hedda T. Schupak | Departments

The Business: The history of Crescent Jewelry Company begins in 1842, when R.E. Lackner opened a jewelry, camera and general mercantile store in Hannibal, Mo. Lackner had three children: two sons, Lym...

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At the Helm: Sean Reilly

Published May 9, 2017 Patricia Olsen | Departments

Generation of family ownership: Fourth.Revenue: Approximately $1.5 billion.Number of employees: About 3,500.Years with the company: Forty since starting part-time. After law school, 27 full-time.First...

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The NextGens' time to shine

Published May 9, 2017 Caro U. Rock | Departments

At our recent Transitions East conference in Tampa, my husband and I had a real treat—our son Bill, who has been with our family business for several years and was recently named president, served o...

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Long-term thinking

Published May 9, 2017 Barbara Spector | Departments

When family firms are compared favorably with non-family companies, a point often cited is family business owners' "patient capital." While many corporations are focused on maximizing shareholder prof...

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A step-by-step path to leadership at Perryman

Published May 9, 2017 Hedda T. Schupak | Feature Article

How did a small African-American-owned homebuilder from Alabama end up as one of the leading construction companies in Philadelphia, Pa., whose projects have included major sites like the Pennsylvania...

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Entrepreneurial spirits

Published May 9, 2017 Barbara Spector | Feature Article

In a facility in Enumclaw, Wash.—near Mount Rainier and the Crystal Mountain ski area—a pair of next-generation entrepreneurs are distilling their ideas for a new business venture. Literally.Broth...

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Dickeys Barbecue gets set for greater growth

Published May 9, 2017 Dave Donelson | Feature Article

The ambitions of the Dickey family have fueled the exponential growth of Dickey's Barbecue Restaurants Inc. The family's willingness to redefine the company's business model made the expansion possibl...

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