THE BLUEPRINT: Long Island business confidence declined this year after a post-2024 election high. Affordability and housing costs remain major concerns for local leaders. Survey included 311 business…
Read more Long Island business confidence dips amid economic challenges | Long Island Business NewsFormally handing over control of a small private business is usually the moment when owners can step into retirement, assured that the financial future of their company is…
Read more Why Many Business Owners Are Hesitating to Make Succession PlansWhen legendary Apple co-founder and CEO Steve Jobs died in 2011, long-time Apple supply chain executive Tim Cook had already been appointed to take his place. That was…
Read more Apple’s CEO Tim Cook May Retire Soon. How’s Your Succession Planning Going?Apple’s board of directors and senior executives have been accelerating succession plans for Tim Cook, sources told the Financial Times. After serving as CEO for 14 years, Cook…
Read more Apple is ramping up succession plans for CEO Tim Cook and may tap this hardware exec to take over, report says | Fortune“Nepotism” is a “dirty word” in family business. It evokes images of unqualified relatives ascending to leadership roles at the expense of more qualified employees. However, in the…
Read more The Case for Nepotism in Family BusinessesMoritt Hock & Hamroff, a law firm with offices in Garden City, has formed its Business Divorce Practice Group, led by litigation partner Stephen Ginsberg. The group comprises…
Read more Moritt Hock & Hamroff forms business divorce law group | Long Island Business NewsOracle announced that longtime CEO Safra Catz will be replaced by two new internal hires: Clay Magouyrk, 39, and Mike Sicilia, 54. The outgoing CEO described the two…
Read more Oracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they’ll have to keep the stock soaring to collect | FortuneSir Jim Ratcliffe likes to keep busy. As a reward for working a seven-day week at his €40 billion ($52 billion) petrochemical empire Ineos, the British billionaire treats…
Read more 71-year-old billionaire Sir Jim Ratcliffe is in a race to secure his legacyBoeing announced this morning that CEO Dave Calhoun would depart the company and that an executive with three decades of tenure at the $117 billion manufacturing company, Stephanie…
Read more Boeing taps internal executive with three decades’ experience for top job, but it might not be a ‘slam dunk,’ CEO succession expert saysJames Gorman engineered a transformation of Morgan Stanley with wealth management at its core following its near collapse during the 2008 financial crisis. Gorman, 65, was succeeded as…
Read more Morgan Stanley pays Gorman $37 million for final year as CEOOpinions expressed by Entrepreneur contributors are their own. Succession planning in family businesses is a topic that often evokes mixed emotions. On one hand, it represents the continuation…
Read more Running a Family Business Means You Need to Prepare Your Kids to Take Over — Here’s How to Do It Right. | EntrepreneurOpinions expressed by Entrepreneur contributors are their own. Business owners know a thing or two about working long hours. Without fail, there’s always something to do. But what…
Read more Succession Planning Is Vital — Here’s What You Need to Do. | EntrepreneurDuring JPMorgan Chase’s 2023 Investor Day yesterday, Chairman and CEO Jamie Dimon was asked what he thought were the important characteristics of who would eventually replace him. Dimon,…
Read more Jamie Dimon’s Advice to His Future Successor: ‘Give a S–t’ | EntrepreneurOpinions expressed by Entrepreneur contributors are their own. Preparing the next generation for leadership is one of the hardest parts of running a family business. Whether the company…
Read more How to Sustain a Family Business Over Multiple Generations | EntrepreneurOpinions expressed by Entrepreneur contributors are their own. For three seasons, HBO’s award-winning series, Succession, has been centered around what the show’s title suggests: Who will inherit control…
Read more ‘Succession:’ 5 Lessons the Roy Family Could Stand to Learn | Entrepreneur
