The impact of succession planning becomes impossible to ignore when an unexpected departure creates a leadership vacuum, but ...

Although some dairy processors are operated by large cooperatives with succession plans, while other family-run businesses ...

In this roundtable discussion - hosted by First American Bank and held at the South Florida Business Journal office - entrepreneurs, bankers and advisors explored the importance of succession ...

Business transition planning and leadership succession strategies can define your company’s trajectory and are crucial for maintaining business continuity. With the largest generational wealth ...

As the “ silver tsunami ” peaks in 2025, a significant wave of New Jersey’s baby boomer business owners will reach retirement age, prompting critical succession planning decisions.

Data show over 65% of small business owners plan to retire in the next two years. Without a set succession plan, a large number of these firms around for decades could disappear sooner.

“My succession plan is we should stay as a family business, which I think would be really great,” she said. Castro noted that her sons are 14, 11 and 9 years old, respectively.

Many business owners delay succession planning not because they lack the resources, but because they underestimate the complexity of what is at stake. Imagine a business owner working 16-hour days ...

For financial professionals working with business owners, navigating the intricacies of succession planning can be daunting. That’s why Allianz Life Insurance Company of North America (Allianz ...

A new report finds that boards of directors believe CHROs have a critical role to play in CEO succession planning.