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Ten Family Business Leaders Spotlight Succession Issues in New Family Enterprise USA Video
In a new video, ten generationally-owned family business leaders from around the country discuss concerns they face with succession planning and how it will affect their businesses now, and for their Next Generation of leadership.
The video is part of series, “Unsung Heroes,” presented by Family Enterprise USA to help generationally-owned family businesses face critical issues, including unfair taxation, workplace changes, and succession planning. Family Enterprise USA is a bi-partisan organization advocating for family businesses on Capitol Hill.
The video features ten executives from Maine to Hawaii and from diverse industries, such as food products, construction, chemicals, real estate, and government services.
“Grappling with the issues of transitioning from one generation to the next is of critical concern to generationally-owned family business leadership right now,” said Pat Soldano, President, Family Enterprise USA. “In this video, we talk with ten well-established family business executives about what they are facing today, and how they are dealing with these critical issues in the future,” she said. “The answers are different for each business.”
The ten leaders featured in the video are: Drew Everett, Chairman, Bush Bros. and Co.; Mike Davis, President, Industrial Roofing Cos.; David Rothberg, Chairman, Laticrete Intl.; Sherri Bovino, President, Global 1st Flagship; David Plimpton, President/CEO, Inolex; Chad Goodfellow, CEO, Goodfellow Bros.; David Brown, CEO/President, Wyo-Ben Inc.; Kent Thompson, CEO, Thompson Realty Group; Larry Lippow, President/CEO, Lippow Development Co.; and Mark Peters, CEO, Butterball Farms.
To watch the full video, and others, go to: https://familyenterpriseusa.com/polling-and-research/family-business-stories/
If you have a family business and a story to tell about your success and/or challenges, click here to submit them to us.
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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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