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Appointments

October 14, 2014

Abigail Johnson, third gen of the Fidelity Investments financial empire, has been appointed chief executive of the US giant.

Abigail Johnson, third gen of the Fidelity Investments financial empire, has been appointed chief executive of the US giant.

Boston-based Johnson, 51, will replace her father, Ned Johnson III, 84, who has been at the helm of the company since 1977.

Johnson has a 26-year history with the family business, starting as an equity analyst, and being appointed president in 2012, where she oversaw the company’s core businesses – asset management, retail and institutional brokerage, and retirement and benefits services.

January 27, 2014

UK-based family bakery business Frank Roberts and Sons has appointed Robert Higginson as chairman of the board, marking the continuation of the businessman’s career at the helm of a baked goods family business.

UK-based family bakery business Frank Roberts and Sons has appointed Robert Higginson as chairman of the board, marking the continuation of the businessman’s career at the helm of a baked goods family business.

Higginson was managing director at Warburtons, a fifth-generation firm controlled by the eponymous founding family, for 11 years between 2001 and 2012.

August 21, 2013

A second-gen Californian winegrower, who, as a child, helped his father plant the family’s first vineyards in Monterey County, has now been appointed chief executive and chairman of the family’s wine empire.

A second-gen Californian winegrower, who, as a child, helped his father plant the family’s first vineyards in Monterey County, has now been appointed chief executive and chairman of the family’s wine empire.

J. Lohr Vineyards & Wines, founded by Jerry Lohr in the early 1970s, announced Steve Lohr’s promotion this week. For the past four years he has been executive vice president and chief operating officer.

July 16, 2013

British clothing and homeware retailer Matalan has announced Jason Hargreaves, son of the company’s founder, will take over as managing director.

British clothing and homeware retailer Matalan has announced Jason Hargreaves, son of the company’s founder, will take over as managing director.

The appointment comes off the back of poor first quarter sales, which dropped 7% from the previous year to £258.6 million (€298.7 million).

Jason has more than 20 years experience working within the family business, but does not serve on the board.

June 5, 2013

President and chief operating officer of Enterprise Holdings, Pamela Nicholson, has become the third chief executive in the company’s 56-year history, and the first non-family member appointed to the role.

President and chief operating officer of Enterprise Holdings, Pamela Nicholson, has become the third chief executive in the company’s 56-year history, and the first non-family member appointed to the role.

In her new position, she will be the highest ranked woman in the entire US car rental industry and, based on company revenue, will be ranked among the top 20 female chief executives across all industries worldwide.

May 13, 2013

Swiss-based family business Swatch Group has announced second-generation Nayla Hayek as the new chief executive of its recently acquired jewellery and watch brand Harry Winston.

Swiss-based family business Swatch Group has announced second-generation Nayla Hayek as the new chief executive of its recently acquired jewellery and watch brand Harry Winston.

Hayek is already chair of the luxury brand and her nomination to chief executive takes effect immediately. She has also been chair of Swatch Group since July 2010 following the death of her father Nicolas Hayek.

April 8, 2013

James Wates, a fourth-gen member of the family that controls the eponymous construction business, has been appointed chairman as the family reasserts its control of the business.

James Wates, a fourth-gen member of the family that controls the eponymous construction business, has been appointed chairman as the family reasserts its control of the company.

Wates (pictured, second from left) replaces non-family Paul Drechsler, who will remain as chief executive, until a replacement can be found for this position as well.

Drechsler had been at the helm for the past seven years in the role of both chairman and chief executive, but Wates had always planned a return to family leadership.

February 12, 2013

It seems that Jimmy Haslam just can't tear himself away from the family business. The owner of the Cleveland Browns has returned to truck-stop chain Pilot Flying J as chief executive just five months after hiring non-family John Compton to take his place.

It seems that Jimmy Haslam just can't tear himself away from the family business. The owner of the Cleveland Browns has returned to truck-stop chain Pilot Flying J as chief executive just five months after hiring non-family John Compton to take his place.

Haslam left the management of the Tennessee-based truck-stop and convenience store chain after buying the Cleveland Browns football team in August 2012 for $1 billion (€744 million). He had planned to focus all his efforts on the Browns.

October 26, 2012

Family business Hulman & Company, which owns US car-racing series IndyCar, has no current plans to replace family member Tony George from the company's board, following his surprise resignation last week.

Family business Hulman & Company, which owns US car-racing series IndyCar, has no current plans to replace family member Tony George from the firm's board, following his surprise resignation last week.

George quit the board on 19 October after citing a conflict of interests over his attempt to take over the IndyCar series.

A spokesman for the company told CampdenFB: "I don't know if there will be a replacement."

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