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August 8, 2008

Andrea Pininfarina, CEO of the family-owned car design group, has been killed in a road accident.

Andrea Pininfarina, CEO of the family-owned car design group, has been killed in a road accident. The 51-year-old was hit by a car on the outskirts of Turin while riding a scooter. He is survived by his wife and three children.

In a statement, Italian Prime Minister Silvio Berlusconi said he was "deeply saddened" by the tragedy. Andrea Pininfarina was "a leading personality of the country's industrial life and the representative of a dynasty that did so much for the made-in Italy brand around the world," the statement continued.

June 2, 2008

François Pinault and his son François-Henri have spoken of their “great emotion” on learning of the death of fashion guru Yves Saint Laurent.

François Pinault and his son François-Henri (pictured) have spoken of their "great emotion" on learning of the death of fashion guru Yves Saint Laurent yesterday. He was 71.

The Pinaults, billionaire family owners of France-based PPR Group, which acquired the YSL fashion house and brand in 1999, said that with his death "French fashion and indeed the world lose a genius."

May 28, 2008

JR Simplot, founder of the potato products giant of the same name, has died at the age of 99.

JR Simplot, founder of the potato products giant of the same name, has died at the age of 99. He is most well-known as the inventor of the frozen french fry,

JR's son, Scott, who is chairman of the firm issued a statement thanking the public for the "outpouring of love and condolences" the family had received as it mourned a father and a grandfather.

May 19, 2008

Robert Mondavi, founder of the winery named after himself, has died at the age of 94.

Robert Mondavi, founder of the winery named after himself, has died at the age of 94. The Mondavi family stated that the legendary vintner died peacefully at his home in Napa Valley, California.

May 8, 2008

Paul Gordon, chairman of family-owned Gordon Food Service (GFS), has died after a brief battle with cancer.

Paul Gordon, chairman of family-owned Gordon Food Service (GFS), has died after a brief battle with cancer. He was 84.

GFS, which was founded in 1897, is North America's largest private foodservice distributor with revenues of $5.9 billion.

Born on 13 July 1923 in Grand Rapids, Michigan (pictured), Paul was the first son of Ben and Ruth Gordon. At the time, Ben was working for his father-in-law, Isaac, in the family grocery wholesaling business.

March 17, 2008

The UK’s leading supplier of safety clothing and equipment has appointed a new non-family managing director.

The UK’s leading supplier of safety clothing and equipment has appointed a new non-family managing director. Family-owned Arco has appointed Nicholas Hildyard as joint managing director of the firm.

His appointment follows the untimely death of Jo Martin, aged just 36, on 27 February 2008, who had jointly managed the business with her cousin, Thomas, since 2003. Hildyard and Thomas will now run the firm together.

January 1, 2005

Losing a member of the family to death need not spell endless turmoil for a family business, says Fredda Herz Brown, but rather a way for a family to clarify its raison d’etre

Fredda Herz Brown is a managing partner at the Metropolitan Group. www.relative-solutions.com

Losing a member of the family to death need not spell endless turmoil for a family business, says Fredda Herz Brown, but rather a way for a family to clarify its raison d'etre

September 1, 2004

Choosing between legacy and liquidity

Peter Munro, CEO of Turner-Munro International, a large family-owned furniture manufacturer, finds himself at a crossroads shortly after the death of his long-time business partner. Should he sell the business or keep it in the family?

Peter, age 69, never imagined that he might consider selling the business that he and his partner Lawrence Turner founded nearly 40 years ago. Childhood friends, Peter and Lawrence became business partners in their late 20s. Together, they built a sizeable, profitable company, one of the largest furniture manufacturers in the region.

May 1, 2004

Antonio García (18) worked for Mr Garza in a laboratory preparing food supplements. Antonio was a committed, hardworking and loyal employee. Mr Garza (72) wanted to retire and have some time to enjoy life.

Antonio García (18) worked for Mr Garza in a laboratory preparing food supplements. Antonio was a committed, hardworking and loyal employee. Mr Garza (72) wanted to retire and have some time to enjoy life. He had no children and decided to sell the lab equipment to his faithful employee, Antonio (24). He also gave him the formulas of two of the products as a wedding present when Antonio married Dolores (20) that same year.

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