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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.

January 14, 2011

The decade-long feud in one of South Korea’s richest families has taken another turn, as Hyundai Motor signed a preliminary agreement to control the country’s largest builder, pushing out rival bidder the Hyundai Group.

The decade-long feud in one of South Korea’s richest families has taken another turn, as Hyundai Motor signed a preliminary agreement to control the country’s largest builder, pushing out rival bidder the Hyundai Group.

January 12, 2011

Amancia Ortego, the billionaire founder of Spain-based Inditex Group, owner of clothing brand Zara, plans to retire as chairman of the company he started 25 years ago, leading to speculation that his daughter might be the eventual heir apparent.

Amancia Ortego, the billionaire founder of Spain-based Inditex Group, owner of clothing brand Zara, plans to retire as chairman of the company he started 25 years ago, leading to speculation that his daughter might be the eventual heir apparent.

He will be replaced by non-family member Pablo Isla, the current chief executive and chairman, but some insiders reckon that his youngest daughter, Marta Ortego Perez, will eventually take control of Inditex.  

January 7, 2011

Donald John Tyson, the man who took family-controlled Tyson Foods from a small chicken company to a food processing enterprise, passed away on 6 January at the age of 80.

Donald John Tyson, the man who took family-controlled Tyson Foods from a small chicken company to a food processing enterprise, passed away on 6 January at the age of 80.

Known to his close associates as "Don", Tyson became the second-generation chairman and CEO of Tyson Foods in 1967 after the death of his father, founder John W Tyson. He remained chairman until 1995 when he retired, but continued to serve as a consultant for the company.

January 5, 2011

Ross Warburton, a fifth-generation family member of the UK bakery company Warburtons, has been appointed the new chairman of the Institute for Family Business.

Ross Warburton, a fifth-generation family member of the UK bakery company Warburtons, has been appointed the new chairman of the Institute for Family Business.

He replaces Andrew Wates, of the Wates Group, who has been chairman for the last three years.

July 5, 2010

Nayla Hayek has succeeded her father Nicolas Hayek, chairman of the Swatch Group, following his death last week. The appointment of Nayla, 59, as chairwoman of the Board of Directors caps a meteoric rise following her promotion to the position of vice-president in May 2010.

Nayla Hayek has succeeded her father Nicolas Hayek, chairman of the Swatch Group, following his death last week. (Continue reading here)

The appointment of Nayla, 59, as chairwoman of the board of directors caps a meteoric rise following her promotion to the position of vice-president in May 2010.

June 1, 2010

Oscar Lopez, the family head of the First Philippine Holdings Corp, announced today he is to step down as chairman and CEO of the family holding company, to be replaced by his son.

Oscar Lopez, the family head of the First Philippine Holdings Corp, announced today he is to step down as chairman and CEO of the family holding company, to be replaced by his son.
 
Lopez (pictured), 79, who led the company for nearly 25 years, said: "I think that the time is right to step down from the CEO-ship of our company." He will however remain involved as the company's chairman emeritus and group chief strategic officer.
 

April 21, 2010

John Elkann, fifth-generation family member of the founding Fiat family, has been elected as chairman of the Fiat Group. The 34-year-old told reporters that today was "a very important day for Fiat and me."

John Elkann, fifth-generation family member of the founding Fiat family, has been elected as chairman of the Fiat Group. The 34-year-old told reporters that today was  "a very important day for Fiat and me."
 
The formal announcement came this morning during Fiat's investor day, although non-family CEO Sergio Marchionne told a press conference yesterday of the schion's promotion.
 

January 15, 2010

Marcy Syms, second-generation CEO of the discount retail chain SYMS Corp, has been made chairman of the group, a role previously held by her father.

Marcy Syms, second-generation CEO of the discount retail chain SYMS Corp, has been made chairman of the group, a role previously held by her father.

Sy Syms, company founder, died in November 2009 at the age of 83. (Click here to read our coverage of the story) Marcy has served as company president since 1983 and succeeded her father as CEO in 1998.

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