"Succession Planning-Part I & II
It's All Relative: Effective Leadership and Managing Transitions in a Family Business" - Register on the IFOB site
8:00 a.m. - 8:30 a.m. - Continental Breakfast & Registration
8:30 a.m. - 10:30 a.m. - Program
Part II- The Texas Hold’em Moment - Strategies to know when to hold, sell, buy and execute other winning options for your business -
Register at MECPA site. Click here to register with them.
11 a.m. - 2:00 p.m. - Includes Lunch
Please NOTE if you want to attend BOTH sessions, you must register once with the IFOB and then with the MECPA. You can come to either program or both.
As the third installment in a three-part series on “How To's for Family Business”, this workshop will fall under this year’s theme at the Institute For Family-Owned Business (IFOB): Operation Next Level & How To's for Family Business.
This program will be a comprehensive discussion of how to effectivly lead and manage transitions in a family business.
Thursday, June 20 - Part I: from 8-10:30 a.m.
It’s All Relative: Effective Leadership and Managing Transitions in a Family Business
Janice DiPietro will lead a panel of three family-owned businesses in a discussion on succession planning. Currently confirmed panelists include Nick Doudoumopoulos from Jasper Wyman & Son of Millbridge, ME, who represents the fourth generation of this business and Susan Ware Page from Maritime Energy of Rockland, ME who represents the third generation.
We’ll learn about the family’s leadership journeys and tailor the program to all aspects of succession. Janice will open the panel by having the audience share stories and challenges /success they may have faced during a transitional period. She will then lead a discussion on leadership strategies, transitional topics, how multi-generational businesses can be set-up to make sure the wealth doesn’t vanish, and whether family-owned businesses should seek talent within the firm or outside the family during a transition. The panel will end with a Q&A session.
Price: Free for IFOB Members (remote or in person), $15 Future IFOB Member Remote Access, $25 Future IFOB Member In-Person
Thursday, June 20- Part II: from 11 a.m. - 2:00 p.m.
The Texas Hold’em Moment - Strategies to know when to hold, sell, buy and execute other winning options for your business
After a short break, the discussion will turn to Part II in cooperation with MECPA, the state’s premier professional association for current and aspiring CPAs in business, education, government and public accounting and who seeks to provide its members with services and benefits which strengthen their practices and enhance their experience in the accounting profession. The focus of this panel will be on buying, selling and other options for exiting a business. Panelists include Seth Webber, Principal, BerryDunn; Tim Benoit, Attorney, Perkins Thompson; Moya Elliott, Senior VP and Senior Relationship Manager, People’s United Advisors, and Patricia Camelio, Senior Vice President and Commercial Leader,People’s United Bank. The panel will end with a Q&A session.
Price: $30 IFOB and MECPA Members (remote or in person) includes lunch. Must be booked with MECPA for the Part II section.
We would end with a Q&A session.
Remote access is available to dial in. You must have hi-speed Internet access to dial-in to the forum remotely. If you are dialing in to the workshop you must pre-register so we can send you the remote instructions.
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