Reply To: After integrating a family business, should the former owner remain or not?

#37691
holly firestine
Participant

Couple of thoughts – is the Owner providing value on a day to day operational basis or more at a strategic level, is the Owner positively contributing to moving his/her organization forward with the merger or acquisition and rallying the team around the positive nature of transaction to facilitate positive post merger integration behaviors? I’ve seen Owners staying on with great results and not so great results, it really seems to depend on each owner and situation individually. I believe an Advisor role makes sense for a specified amount of time with clear expectations, goals and success measures in place for the Advisor arrangement.

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