Transition or Sell: What To Do With Your Family Business
Presented By: UBS
Navigating the options for family-owned businesses can be a complicated process. Do you transition to the next generation? Should you consider an outright sale? What about an ESOP? Is bringing in outside executives to help lead the company while you and your family take a back seat an option? Join leaders from multi-generational family businesses and M&A advisors as they share how to have the tough conversations and lessons learned from those who have gone through it.
Moderator:
Managing Director
UBS
Bill Murphy has built a practice of highly accomplished advisors and investment specialists whose knowledge, integrity and accountability is focused on providing an elite client experience. Bill has been a Forbes Best-in-State Advisor for 2018 and 2019. With direct access to the resources and strategic solutions of UBS Private Wealth Management, Bill delivers investment guidance and financial education to multigenerational families, entrepreneurs, C-suite executives and select organizations.
Panelists:
CEO
Ahola Payroll & HR Solutions
As CEO, Jeff holds the primary responsibility for charting the strategic direction of the company his parents founded, while fulfilling its mission to help other family businesses succeed. Under Jeff’s leadership, since joining the family business in 1984, the company has secured its marketplace position as a top provider of family-focused payroll and human capital management systems.
Jeff began his career at Progressive Insurance Co., where he honed his computer, management and sales skills in various positions in Cleveland, Los Angeles and Atlanta. The rich learning experience during his five years at Progressive, a company under strong family leadership, helped nudge Jeff back to his roots at Ahola, where he and his siblings had cut their teeth as youngsters cleaning the office on weekends for their parents’ fledgling enterprise.
Chief Operating Officer
Peoples Services, Inc.
Darin is the COO at Peoples Services, Inc., a leading provider of 3PL services across 45 locations, in 7 states, and 8 million square feet of public and contract warehouse space. In his role, Darin leads warehouse operations, transportation operations, sales, technology, safety and compliance, and engineering. He has over two decades of experience leading operations, supply chain, finance and technology functions in mid-sized and enterprise-level organizations and providing consulting services to Fortune 500 clients across a variety of industry segments.
President & CEO
Jergens Inc.
As President & CEO of Jergens Inc., a Cuyahoga County councilman, and a longtime leader in the worlds of education, workforce development, and community service, Schron has established himself as a champion of Northeast Ohio’s manufacturing evolution.
CEO
The Reserves Network
Neil joined TRN in 1991 and was appointed Chief Executive Officer in 2010. As CEO, he’s in charge of all day-to-day operations in the company, which includes over 40 branch offices and on-site locations, and our four affiliate specialty groups.
Over the course of his well-rounded 20+ year career in the staffing industry, Neil has held a wide range of positions in operations, sales, recruiting, marketing and management.
He is a graduate of Baldwin-Wallace College, holds a Professional in Human Resources (PHR) accreditation and is a Certified Personnel Consultant (CPC). Neil is a former member of Vistage International and a certified aircraft pilot.