Celebration Corner: Family Business Magazine’s 30th anniversary

The Business: Milton L. Rock, Ph.D. (1921-2018) joined Edward N. Hay in 1949 to establish a compensation and human resources consulting firm and became the Hay Group’s managing partner. Milt’s son, Robert H. Rock, joined the firm and worked alongside him. At the time of its sale in 1984, the Hay Group had 2,000 consultants and 90 offices in about 25 countries.

In 1980, Hay acquired a small company that published a quarterly journal, Directors & Boards. The governance journal helped promote Hay’s services to top executives.

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About the Author(s)

Barbara Spector

Barbara Spector is Family Business Magazine's editor-at-large.


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