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November 2, 2020

Due Jensen family heir named new chief executive of Grundfos, Lee Kun-hee leaves legacy of Samsung success but succession chaos, Warburtons shares pandemic dough with staff.

Due Jensen family heir named new chief executive of Grundfos

The Due Jensen family of Denmark has returned to helm their industrial giant Grundfos for the first time in almost two decades with the succession of next-generation heir Poul Due Jensen.

February 19, 2020

Walmart is disappointed with festive consumer spending and Asda but online sales up 35%, JCB cuts UK production as the coronavirus hits Chinese suppliers, and fifth-generation US newspaper dynasty McClatchy Co files for bankruptcy.

Walmart disappointed with festive consumer spending and Asda but online sales up 35%.

Walmart, the world’s biggest family business with $524 billion in revenue and an economic bellwether, says holiday sales were weaker than anticipated despite online sales jumping 35% in the fiscal year.

September 17, 2019

Opening the capital of a family company to third party shareholders or offering share capital is a major step for any family. Before commencing the process, it is important to quantify and understand the reasons that may justify the undertaking.

Opening the capital of a family company to third party shareholders or offering share capital is a major step for any family. Before commencing the process, it is important to quantify and understand the reasons that may justify the undertaking.

December 4, 2008

A family-owned American bearing company has lived up to its reputation as a business that treats its staff like family by giving them five-figure bonuses.

A family-owned American bearing company has lived up to its reputation as a business that treats its staff like family by giving them five-figure bonuses.
 
Illinois-based PEER Bearing Company has distributed $6.6 million in bonuses to its 230 US and British employees. The Spungen family sold the business to Sweden’s SKF Group earlier this year.
 

March 1, 2005

Tim Watts gave the family business to his staff when he realised he was on the road to becoming a real-life Mr Grace. He tells Melanie Stern about the Pertemps Group’s unique employee-led structure, his thoughts on the UK recruitment industry and what is in store beyond his leadership

Melanie Stern is section editor of Families in Business.

Tim Watts gave the family business to his staff when he realised he was on the road to becoming a real-life Mr Grace. He tells Melanie Stern about the Pertemps Group's unique employee-led structure, his thoughts on the UK recruitment industry and what is in store beyond his leadership

November 1, 2003

An increasing number of employers are looking at flexible benefits to improve recruitment and retention levels. Is it time your family business became more flexible?

Shawn Healy is a Senior Tax Manager with The BDO Centre for Family Business, formerly the Stoy Centre for Family Business, which was set up in 1992 dedicated to serving the needs and raising the profile of UK family businesses.

An increasing number of employers are looking at flexible benefits to improve recruitment and retention levels. Is it time your family business became more flexible?

November 1, 2003

If you are considering making changes to your employee benefit programme, now is a good time to do it – with little volatility in the employment market there should be a minimal negative impact. As long as it is handled carefully it could be cost-effective for your business too...

Philip Houghton and Paul Mather are Senior Consultants with Sibson Consulting, a global human capital consulting firm, based in London. Bart Huby is a Partner with Lane, Clark & Peacock LLP, an actuarial partnership with offices in London and Winchester, UK.

If you are considering making changes to your employee benefit programme, now is a good time to do it – with little volatility in the employment market there should be a minimal negative impact. As long as  it is handled carefully it could be cost-effective for your business too...

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