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January 11, 2016

Several next gens were appointed to the helm of their family businesses in 2015. From Michael Hill International in Australasia to France's Pernod Ricard, we look at whose been left in charge.

Several next gens were appointed to the helm of their family businesses in 2015. From Michael Hill International in Australasia to France's Pernod Ricard, we look at whose been left in charge.

Emma Hill, Michael Hill International (New Zealand/Australia)
Promoted: November 2015

December 17, 2015

For all the attention climate receives, another environmental crisis – the sixth great extinction – receives relatively less airtime. Jessica Tasman-Jones met with philanthropists seeking to protect and restore the balance of nature – from the Scottish Highlands to Patagonia

This article appeared in the Autumn issue of CampdenFO. Not long after the magazine went to print Doug Tompkins, whose foundation is mentioned in the text and whose wife, Kris, was interviewed for the article, died suddenly in a kayaking accident. Despite being a serial entrepreneur (he founded The North Face and co-founded Esprit), his philanthropy and commitment to conservation is one of the greatest legacies he leaves behind.

December 8, 2015

A New Zealand businessman has shed tears at a shareholder meeting as he defended the appointment of his daughter to chairman of the jewellery company he founded.
 

A New Zealand businessman has shed tears at a shareholder meeting as he defended the appointment of his daughter to chairman of the jewellery company he founded.

Michael Hill International addressed shareholders at its annual meeting in Auckland last week, the first time since the business transitioned from the first to second generation of the family.

November 30, 2015

One of the world’s largest ship-owning associations is now chaired by a third-generation member of Hong Kong shipping company Wah Kwong Maritime Transport.

One of the world’s largest ship-owning associations is now chaired by a third-generation member of Hong Kong shipping company Wah Kwong Maritime Transport.

Sabrina Chao, who took the helm at her family’s company in 2003 when her father suffered a stroke, was appointed chairwoman of the Hong Kong Shipowners’ Association (HKSOA) at the organisation’s annual general meeting last week.

November 24, 2015

A family business that has served as a jeweller to six generations of British royalty are sponsoring an exhibition at one of London’s top museums to celebrate their 150th anniversary.

A family business that has served as a jeweller to six generations of British royalty are sponsoring an exhibition at one of London’s top museums to celebrate their 150th anniversary.

Luxury antique dealer Wartski was founded by a Polish refugee, Morris Wartski, in 1865 in the Welsh town of Bangor. Its clients have included everyone from Bing Crosby to Kate Middleton and Prince William, who exchanged wedding bands made by the company when they married in 2011.

November 24, 2015

Former billionaire Dorothéa Steinbruch, whose family control steelmaker Companhia Siderurgica Nacional and lender Banco Fibra SA, died at the weekend aged 85.

Former billionaire Dorothéa Steinbruch, whose family control steelmaker Companhia Siderurgica Nacional and lender Banco Fibra SA, died at the weekend aged 85.

Steinbruch was the widow of Mendel Steinbruch, one of the founders of Brazilian textile business Vicunha Group, whose current chief executive officer is their son Ricardo. Their second son Benjamin is CEO of Companhia Siderurgica Nacional.

November 2, 2015

The founder of the world’s largest two wheeler business has died at the age of 92, leaving behind a multi billion dollar family empire.

The founder of the world’s largest two-wheeler business has died at the age of 92, leaving behind a multi billion dollar family empire.

Brijmohan Lall Munjal was among four brothers who founded the predecessor company to Hero MotoCorp in 1954, and remained chairman emeritus until his death on Sunday.

His son Pawan Munjal, who has been managing director and CEO since 2001, only succeeded his father as chairman in June.

October 16, 2015

Roger Pedder, the man credited with turning around shoe manufacturer and retailer Clarks, and helping it become one of the sector's top companies globally, has died from leukaemia aged 74.

Roger Pedder, the man credited with turning around shoe manufacturer and retailer Clarks, and helping it become one of the sector's top companies globally, has died from leukaemia aged 74.

He became chairman of UK-based Clarks in 1993 following disputes between family members over whether to sell amid stagnant turnover and falling dividends.

A retail specialist, Pedder heavily expanded Clarks' high-street presence, a move that paid off as operating profit increased from £27.6 million in 1993/94 to £94.2 million in 2005/06.

October 9, 2015

Advancements in technology have made it easier than ever for family businesses to expand into new territories, and many are advising the next generation to seek a global education in order to expand their horizons. Michael Finnigan reports

Michel Haddad, a 34-year-old next gen from Lebanese family business Technica, is one of a growing number of executive MBA (EMBA) students prepared to travel huge distances to study. 

Every two months the sales manager temporarily steps away from his role at the family business, travels 2,000 miles and spends two weeks studying at the EDHEC Business School in Lille, France. He hopes the Global EMBA course, which is specifically designed for family businesses, will prepare him for future leadership.

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