Spring 2003

  • Spring 2003

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In this issue

  • Spring 2003 Contrarian' s Notebook

    A marriage snags the Pritzkers

    Flawless synergy at the office, but at home..

    “What else matters if you're lucky in love?” went a song in the 1927 Broadway college musical Good News. Some CEOs these days must be asking the opposite question: What else matters if you're unlucky in love?

  • A window of opportunity that's closing soon

    When Wally Bonesteele, the founder of Cascade Warehouse Company in Salem, Ore., died in his 60s in 1995, it came as a shock to his heirs and successors. The succession plan for this $15 million forest products transportation and warehousing concern was already mostly in place. But the family soon realized that estate taxes would make the transfer to the next generation much more expensive than they'd expected.

  • Must you grow?

    Reading Edwin Hoover's essay on the downside of growth reawakened a seminal memory of my childhood. In the early 1950s Phil's was a narrow lunch counter tucked into a hole-in-the-wall on Manhattan's Upper West Side. Phil, the owner, was a gentle soul who seemed content to pass his days dispensing hamburgers and milk shakes to ten-year-old twerps like me. But his wife, Rose, had bigger ideas.

  • The family: Asset or liability?

    A wife's hidden value

    Barry Meguiar
    Meguiar's Inc., Irvine, Calif.

    In the 1960s, third-generation owner Barry Meguiar pulled his surname off some of his company's packaging, to read “Mirror Bright,” instead of the original “Meguiar's Mirror Bright.” The company was launched in 1901 by his grandfather as a furniture polish maker. With the advent of automobiles, the company expanded to produce polishes and cleaning products for car makers, body shops, boats and aircraft.

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