November/December 2019 Family Matters

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 Henn, formerly a group president at Illinois Tool Works, succeeded James as IDEAL Industries’ CEO on Sept. 23, 2019.

James joined IDEAL in 2008 after 16 years at Illinois Tool Works. He announced his retirement plans to the family and board of the 103-year-old company two years ago.

Henn was group president, industrial equipment and plastics at Illinois Tool Works, the largest platform within the $2 billion specialty products segment.

Juday has been a member of IDEAL’s board since 2004 and became non-executive vice chair in May 2018. She formerly served as chair of the IDEAL family council. In that role, she implemented innovative family governance practices.

Leslie C. Voth, president and CEO of Pitcairn, has been named board chairman of the family office. Voth, who becomes the first woman and first non-family member to hold the position, succeeds fourth-generation member Dirk Jungé, who has retired after serving as chairman for 28 years.

Voth joined Pitcairn in 1993 and served in several leadership roles, including chief operating officer, president of the wealth management group and director of marketing and communications, before being named CEO in 2012. Pitcairn credits her with defining and formalizing its culture and client experience.

Jesse Wiley, a seventh-generation member of the Wiley family, has been appointed non-executive chairman of the board of John Wiley & Sons Inc. Wiley has served on the board since 2012.

Wiley succeeds Matthew Kissner, chairman since 2015, who has stepped down from the board to take on the roles of executive vice president and group executive.

Wiley has served as an executive at the company since 2003, working in global business development, corporate M&A, strategy, product development and marketing. Most recently, he served in Wiley’s research division, where he helped build partnerships with academic societies and grow the company’s business in China. He has been a member of the executive, governance and technology committees.

Wiley will transition out of his executive role to become chairman. He is the only Wiley family member serving on the board.

Aly Wente, a fifth-generation member of the Wente family, has joined Wente Family Estates as senior brand manager of Wente Vineyards. She is the fifth member of G5 to enter the business, which was founded in 1883 and is based in California’s Livermore Valley, east of San Francisco.

As senior brand manager, she will play a role in developing and executing strategic marketing plans and activities to support long- and short-term goals for the Wente Vineyards brand.

Wente has four years of marketing experience at Constellation Brands, where she most recently managed a portfolio of luxury and super-luxury wines. She previously served as a project coordinator at SunCal, a private land development company.

Wente spent summers during college as an intern for the Wente sales and marketing team.

She serves on the board of the Wente Foundation for Arts Education and will join the board of the Livermore Valley Winegrowers Foundation.

She attained Level 3 Advanced Certification from the Wine & Spirits Education Trust in 2017.

 

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November/December 2019

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