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Celebrating the Reucassel family

When a family company charts the road ahead, it usually tries to spot the potential perils — from markets and financing to shareholder relations and unforeseen events. But there's one intensely private calamity that can upset the best laid plans — the rapid onset of illness and death for the family member who drives its vision… more


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Celebrating the McCain family

In 1957, the McCain brothers — Harrison, Wallace, Andrew, and Robert — founded McCain Foods in the small village of Florenceville, New Brunswick. Today, in its 60th year, McCain Foods is the world’s largest manufacturer of frozen potatoes, processing 4.5 billion potatoes in Canada alone...more

 
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The Heineken Family | Heineken
All businesses face challenges, and decision-makers must rise to meet them. But if you want to see “stepping up” in action, here’s one for the ages. One day, out of the blue, you get a call that your 78-year-old father in the Netherlands is ill with pneumonia, and you rush to his bedside. He dies unexpectedly. You’re his only child. What do you do? If you’re Charlene de Carvalho-Heineken, you make the bold decision to step into your father’s shoes and run the family business...more

 

The Hershey family | Hershey's
Consider this business succession question. You’ve built a world-class chocolate company – worth billions – but humanitarianism is what drives you. You’ve transferred  your wealth into a trust...more

 

The Hermès family | Hermès International
The battle between Hermès and Louis Vuitton is the David and Goliath story of the fashion world. Five years ago, LVMH revealed it had acquired a significant stake in the smaller company......more

 

The McCormack family | IMG
In 1960, Mark McCormack founded the International Management Group (IMG). In his 43 years as the CEO and sole owner, he built the world’s largest sports and media company....more

 

The Mars family | Mars, Inc. 
Mars is America’s third-largest private corporation. With worldwide revenues of $33 billion, it’s in the top 100 of all American corporations, public or private...more

 

The Kamprad family | IKEA
Ingvar Kamprad began strategizing IKEA’s succession in his thirties, before his sons were born. At the time, the company was in the midst of a frenzied international expansionmore