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This video features Pat Soldano, President of Family Enterprise USA, discussing the advocacy work for multigenerational family businesses in Washington DC. She interviews David Brown, CEO of C Mondavi, who provides insights into the history of the family-owned winery and his role in the company. David elaborates on the brand’s portfolio, workforce issues, and charitable initiatives. They also discuss the impact of regulations and legislation on their business operations. The conversation highlights the significance of family businesses and their contributions to local communities.
C Mondavi’s Multigenerational Legacy: David Brown, CEO of C Mondavi, shares the 80-year history of the family-owned winery, highlighting its majority women-owned status and multigenerational involvement since its founding in 1943.
Workforce Challenges: Brown discusses workforce challenges faced by C Mondavi, including attracting and retaining talent in the wine industry, emphasizing the importance of advocacy and innovative approaches to address these issues.
Charitable Giving and Community Impact: Brown underscores the family’s commitment to charitable giving and community impact, reflecting their immigrant roots and dedication to supporting local organizations and initiatives, despite potential challenges like estate taxes affecting family businesses.
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The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates, possible elimination of valuation discounts, increase in capital gains tax, enactment of a wealth tax, and the continued burden of the gift tax, estate tax and generation skipping tax.
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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