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Tips on interviewing compensation consultants

Published January 6, 2020 Bertha Masuda | Departments

Pay decisions and processes are key components of a company’s talent strategy. As your company’s overall business strategy evolves, so too must its pay philosophy and programs. Leaders often rely ...

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New Orleans frozen treat is an American classic

Published January 6, 2020 Hedda Schupak | Departments

Shortly after Mardi Gras on Feb. 25, another grand New Orleans tradition begins: the reopening of Hansen’s Sno-Bliz stand, usually around March 1.A Hansen’s Sno-Bliz is not your average snow cone....

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Haws Corporation family governance builders

Published November 5, 2019 | Feature Article

Haws, based in Sparks, Nev., and part of Traynor Family Enterprise, was founded in 1906 with the invention of the drinking fountain. The company today provides hydration systems as well as engineered ...

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Trustees must build rapport with younger beneficiaries

Published October 28, 2019 Pamela Lucina | Advisers

When 28-year-old Brady lost his mother to a sudden illness, in addition to grief and loss came questions about how to manage a large trust created by his mother. The mother’s estate plan distributed...

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Family cleaning brand remains untarnished

Published October 28, 2019 April Hall | Departments

Alison Gutterman does not like to clean. Some people do, she realizes, but she’s not one of them. That’s funny, because her family owns Jelmar, the Skokie, Ill.-based company behind CLR and RustX ...

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Tips on interviewing financial advisers

Published October 28, 2019 Christopher F. Poch | Departments

Do your homework• Determine your advisory needs. Do you require financial planning, estate planning and trust services? Will you need lending, insurance, philanthropic and tax planning advice? Do yo...

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Celebration Corner: Crescent Electric Supply's 100th anniversary

Published October 28, 2019 Barbara Spector | Departments

The Business: The Schmid family’s first business venture was the Schmid Brewery in Dubuque, Iowa, founded in 1855 by Titus Schmid, an immigrant from Bavaria, Germany, according to a blog posted on C...

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At the Helm: Sue McCollum

Published October 28, 2019 Patricia Olsen | Departments

Generation of family ownership: Third.Revenue: $415 million.Number of employees: 612.Years with the company: Eight. I formally started on Jan. 1, 2011, when my late husband, Todd Epsten, CEO, was ill ...

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Dueling Perspectives: Bill Hudson and Lynn Clarke

Published October 28, 2019 Barbara Spector | Departments

William A. (Bill) Hudson serves as president, international in his family business, H.D. Hudson Manufacturing Company, which makes and distributes sprayers to protect against insects, weeds and plant ...

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November/December 2019 Family Matters

Published October 28, 2019 | Departments

Meghan Juday, a fourth-generation family member, will become chairman of IDEAL Industries on Feb. 1, 2020, following the retirement of Jim James from the post on Jan. 31.Non-family executive Steve Hen...

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Grape Expectations

Published October 28, 2019 Caro U. Rock | Departments

My husband, Bob, and I were recently in Napa, Calif., for a celebration to mark the 50th birthday and 10th wedding anniversary of a dear friend in the wine business. The weekend festivities were fanta...

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Preparing for 2020

Published October 28, 2019 Barbara Spector | Departments

The fourth quarter is packed with occasions when the extended family gets together. In addition to Thanksgiving and Christmas or Hanukkah, families who own businesses are likely to gather at the compa...

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Family Leaders to Watch

Published October 28, 2019 | Feature Article

In order for a family business to survive past the third generation, the extended family must resolve to put their personal interests aside and make decisions that are best for the business. The large...

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Differing views on director term and age limits

Published October 28, 2019 Mitzi Perdue | Feature Article

Instituting term or age limits for directors is a way to ensure you have the right board members to help your family business grow and thrive in today’s competitive marketplace. Requiring directors ...

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Championing the future

Published October 28, 2019 Mindy Kalinowski Earley | Feature Article

Dramatic change is on the horizon, and multigenerational businesses are facing critical transition issues as ownership in private companies and substantial wealth are transferred between generations. ...

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The ABCs of wealth and responsibility

Published October 28, 2019 Maureen Milford | Feature Article

Nearly 100 years ago, Pierre S. du Pont was concerned about the difficulties future du Ponts would face as a result of the fortune being generated by the young chemical giant of the same name.Du Pont,...

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Sustainable governance at J.M. Huber Corporation

Published October 28, 2019 Margaret Steen | Feature Article

Decisions at the J.M. Huber Corporation are made with the long view in mind: How should the business evolve so it can succeed for another 136 years? How can a family with hundreds of members sustain i...

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Low Interest Rates — Recession or Distortion?

Published October 3, 2019 Whittier Trust |

Financial markets have been volatile for the better part of the last two years. In the meantime, the current U.S. economic expansion has progressed to now become the longest on record.Far from drawing...

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September/October 2019 Family Matters

Published August 26, 2019 | Departments

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July/August 2019 Family Matters

Published August 26, 2019 | Departments

Kyle Fernley has been named the fifth president of Fernley & Fernley, a 133-year-old association man­agement company based in Philadelphia.Fernley has also been named president of Premier Meeting...

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