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July 20, 2017

Third-gen building firm leaves the family; Grosvenor build for ‘Generation Rent’; and Schillings hires three new partners

 

Third-gen building firm leaves the family

A US construction firm founded in 1925 has passed into the hands of its first non-family owner.

But the man taking the reins at Pennsylvania’s Mowery, David Cross, is no stranger to the business having been involved with it for more than 30 years. He was made president in 2015 as part of former third generation owner Don Mowery’s succession plan.

October 26, 2009

The financial crisis has had an unexpected consequence for family offices; they are able to tap into a rich vein of talented out-of work individuals. But does this help or hinder the recruitment process?

Could there be a shiny silver lining for family offices from the unprecedented economic turmoil that has wracked the world for the past two years? The fallout from the global financial crisis has caused many highly qualified, highly talented people to find themselves in an unusual situation – they are jobless.

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