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non-family chief executive

FB Roundup: JCB, Lavazza, Weybourne Holdings

November 1, 2021

Family-controlled JCB and Fortescue Future Industries sign green hydrogen deal, Lavazza coffee family in $200 million expansion of cafes in China, Sir James Dyson’s family office boosted by $1.8 billion transfer.

Family-controlled JCB and Fortescue Future Industries sign green hydrogen deal

Lord Anthony Bamford, the British second-generation chairman of heavy machinery maker JCB, hails a multibillion-dollar green hydrogen deal with Australian family business Fortescue Future Industries as “a major advance” towards making the clean fuel practical for consumers.

Family-owned Lego returns to growth, expansion

March 1, 2019

The Danish family-owned toy giant Lego Group will build on its return to growth after a two-year slump by accelerating expansion in China, India and the Middle East.

The Danish family-owned toy giant Lego Group will build on its return to growth after a two-year slump by accelerating expansion in China, India and the Middle East.

John Elkann pays tribute to Fiat Chrysler driving force Sergio Marchionne

July 25, 2018

The family principal behind Fiat Chrysler Automobiles (FCA) has pledged to build on the legacy of Sergio Marchionne, his friend and non-family chief executive, who is credited by many with rescuing the automaking group from bankruptcy.

John Elkann, chairman and chief executive of the Agnelli family-controlled holding company Exor, paid tribute to Marchionne, who died suddenly today in intensive care in Zurich aged 66 from complications from shoulder surgery.

Competition heats up for non-family business talent

December 6, 2017

Europe’s family businesses are competing to attract and retain top executives from outside the family, a new study reveals.

Europe’s family businesses are competing to attract and retain top executives from outside the family, a new study reveals.

Ferrero Group appoints first non-family chief executive

April 3, 2017

The third generation Italian family behind chocolate brands Nutella, Kinder eggs and Tic Tac, has announced its first non-family chief executive as part of its new global expansion plan.

The third generation Italian family behind chocolate brands Nutella, Kinder eggs and Tic Tac, has announced its first non-family chief executive as part of its new global expansion plan.

Bombardier replaces third-gen with professional chief executive

February 13, 2015

Leadership has been passed on to a non-family executive this week in a surprise announcement at Canadian family business Bombardier, as the company posts a big loss for the fourth quarter.

Leadership has been passed on to a non-family executive this week in a surprise announcement at Canadian family business Bombardier, as the company posts a big loss for the fourth quarter.

Pierre Beaudoin, grandson of the company’s founder, has been chief executive of the Montreal-based aerospace company since 2003, but on Thursday announced he was stepping down to make way for Alain Bellemare, a former United Technologies Corp (UTC) executive.

Shortlist for CampdenFB European Families in Business Awards announced

May 19, 2014

Campden Wealth, in association with Societe Generale Private Banking, has announced the shortlist for the European Families in Business Awards 2014.

A jury composed of business school experts and the Campden Wealth editorial team has drawn up a shortlist from more than 250 businesses and entrepreneurs nominated by their peers on the CampdenFB magazine website, as well as by readers of the magazine.