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Ownership and Management

Italian confectioner Michele Ferrero, who created Kinder eggs and Ferrero Rocher for his eponymous family business, died over the weekend, aged 89. 

Leadership has been passed on to a non-family executive this week in a surprise announcement at Canadian family business Bombardier, as the company posts a big loss for the fourth quarter.

A measure introduced by the Italian government to incentivise partial listing of family businesses and encourage long-term shareholdings has been amended after institutional investors raised concerns that it unfairly benefited controlling shareholders.

British airline Monarch has said it expects to return to profit this year following a multi-million pound rescue package by Greybull Capital family office, which purchased the firm in October.

British airline Monarch has said it expects to return to profit this year following a multi-million pound rescue package by Greybull Capital family office, which purchased the firm in October.

Almost two-thirds of US family businesses see recruitment of skilled personnel as a major challenge in the next 12 months and are predicting that the issue is likely to hamper growth, new research has revealed.

Almost two-thirds of US family businesses see recruitment of skilled personnel as a major challenge in the next 12 months and are predicting that the issue is likely to hamper growth, new research has revealed.

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