Wednesday, April 17, 2013
6:00-7:00 p.m.
Welcome and Opening Session
Opening Family Q&A
“Unique Sibling Partnerships and Leadership Transitions–Our Experience”
Moderator:
Tim O’Hara, Audit Partner, PwC
Speakers:
Tom Flottman, Sue Flottman Steller and Peter Flottman, Flottman Company
7:00-9:00 p.m. Welcome Reception, Buffet Dinner and Networking
Thursday, April 18, 2013
7:00-7:45 a.m. Breakfast
7:45-8 a.m. Welcome
8:00-8:45 a.m.
Opening Keynote
Thomas J. Pritzker, Executive Chairman, Hyatt Corporation
8:45-9 a.m. Break
9:00-10:15 a.m.
Panel: Family and Business Governance Challenges by Generation
At each generational stage of family business ownership — the family’s second, third, fourth generations and beyond — there arise a unique set of challenges that, if unaddressed, can hinder the owners’ ability to achieve business prosperity while at the same time preserving family harmony. The family and business leaders not only must meet the challenges at the current lifecycle stage — they also must be aware of the new dilemmas they will confront in the succeeding generation. This panel discussion features representatives of a second-generation, a third-generation and a later-generation family company, who will describe the work they have done to resolve their issues in the current generation and set their business and family governance on the right track for the future.
Moderator:
Barbara Spector, Editor-in-Chief, Family Business Magazine
Speakers:
Kareem Afzal, Vice President and Business Development Manager, PDC Machines (G2), Doug & Maureen Woodman, Woodman’s Inc. (G3), Sylvia Shepard, Chair, Smith Family Council, Menasha Corporation (G4+)
10:15-10:30 a.m. Break
10:30-11:30 a.m.
Generational Sessions
Facilitated discussion on key issues faced by each generational cohort-succession, wealth planning, business strategy, family strategy.
G1 & G2:
The challenges: Transition from a business led by an entrepreneur to a sibling partnership. Integrating spouses into the family.
Facilitator:
Jeff Ladouceur, Director, SEI Private Wealth Management
G3:
The challenges: Establishing governance structures for a cousin consortium. Managing growth and expansion of the business while building cohesion among family branches.
Facilitator:
Stephanie Brun de Pontet, PhD, Senior Consultant, Family Business Consulting Group
G4+:
The challenges: Managing demands of active vs. inactive shareholders, engaging disparate branches, the future of the legacy company.
Facilitator:
Anna Nichols, Director of Communications, Altair Advisers LLC
11:30 a.m.-12:00 p.m.
Generational Sessions Report
12:00-12:15 p.m. Break
12:15-1:15 p.m. Lunch and Open Table Discussion
1:15-2:30 p.m.
Panel: Getting Succession Right
The ability of your company to continue as a family business depends on your skill at choosing the right successor. But deciding who will get the job is not the only task. The successor-to-be must be properly prepared to take the reins — and family members, employees and other key stakeholders must accept him or her as the new leader. Our three panelists will describe the succession journey in their family business, and the lessons they learned along the way.
Moderator:
Justin M. Zamparelli, Partner, Withers Bergman LLP
Speakers:
G.A. Taylor Fernley, President & CEO, Fernley & Fernley, Inc; Jennifer Parrish, Lundberg Family Farms;Â Charlotte Lamp, Ph.D., Port Blakely Companies
2:30-2:45 p.m. Break
2:45-3:45 pm
Sessions
Next-Generation:
Preparing for family participation and leadership.
Moderator:
Greg McCann, Stetson University
Speaker:
Laura Kessler Van Til, President & COO Eastern Operations, The Kessler Collection
Married-Ins:
Fitting in and fostering family harmony
Moderator:
Peter Begalla, Stetson University
Speaker:
Joshua Nacht, Board Member, Bird Technologies
Managing Generation:
Control, Capital and Estate Issues
Panel
Ask the Experts Q&A
Moderator:
Scott Chase, Family Business Magazine
Speakers:
Paul S. Lee., National Managing Director, Bernstein Global Wealth Management; Arne Boudewyn, Managing Director–Family Dynamics, Education and Governance, Abbot Downing; Bryant Seaman III, Managing Director and Head of Private Asset Advisory Services, Bessemer Trust; Mark T. Nash, Partner, Personal Financial Services, PwC
3:45-4:15 p.m.
Panel:Â Next Generation–Key Issues and Opportunities
Moderator:
Greg McCann, Stetson University
Speakers:Â Maverick Marquardt and Jordan Beckingham, Stetson Family Business Program students
4:15-5:00 p.m.
Family Keynote
“Reclaiming our Heritage”
Bernadette Castro, CEO, Castro Convertibles
5:00-6:00 p.m.
Guided Table Discussions and Adviser Roundtables
Next Gen, Married In, Family Dynamics, Tax and Estate, Trusts and Ownership, Strategy, Wealth Management
6:00-7:00 p.m. Stetson University Reception
7:15-10:00 p.m.
Group Dinner
Columbia Restaurant
Speaker:
Richard Gonzmart, President, Columbia Restaurant Group
Friday, April 19, 2013
7:00-8:00 a.m. Breakfast
8:00-9:15 a.m.
Panel: Developing the Next Generation for Leadership and Ownership
Whether they envision a future as business leaders, business managers/employees, family council members, board members, or owners not active in the business, next-generation members need education and training. This panel will explore learning events, trust-building activities and assessment methods
Moderators:
Dirk Jungé, Chairman, Pitcairn, and Ann M. Dugan, Founder, Institute for Entrepreneurial Excellence, Joseph M. Katz Graduate School of Business, University of Pittsburgh
Speaker:
Meghan Juday, Family Council Chair and Director, IDEAL INDUSTRIES; Marie K. Mentor, Family President, The Laird Norton Company;
Susan Remmer Ryzewic, President and CEO, EHR Investments, Inc.
9:15-9:30 a.m. Break
9:30-10:15 a.m.
Discussion
Workshop:Â The Biggest Issue in my Family Enterprise Is…
Facilitator:
Nancy Drozdow, Principal and Vice President, Center for Applied Research
10:15-10:30 a.m. Break
10:30-11:45
Panel: Harnessing the Expertise of Non-Family Members
Relinquishing authority is a major step, and a difficult one to take, but it is essential in order to move a family business to the next level. In order to achieve sustained growth and prosperity, a family business needs the expertise and outside perspective of non-family members — as executives in the business as well as members of a fiduciary or advisory board. Family business members who have engaged outside board members and non-family executives will discuss how these seasoned professionals have helped their companies succeed, and suggest recruitment strategies.
Moderator:
Susan P. Mucciarone, Director of Wealth Advisory, Glenmede
Speakers:
Philip A. Clemens, Chairman and CEO, The Clemens Family Corporation; Carter Beard, President & CEO, Annin Flagmakers; Lansing Crane, former Chairman and CEO, Crane and Co. Inc.
11:45 a.m.-12:00 p.m. Break
12:00-12:45 p.m.
Closing Keynote
Dini Pickering, Vice Chairman of the Board of Directors, The Biltmore Company
“Governance, Bringing in Outside Talent and the Successful Transition”
12:45-2:00 p.m. Closing, lunch and networking