Legacy of daughters
Daughters key to succession plans for Region family businesses in often male-dominated industries.
Succession Planning
Stories about future leadership changes.
Wightman announces leadership, board changes
Steve Carlisle, who has been with Wightman for 26 years, will become the next president, effective April 2024.
Wintrust names successor for company’s founder
The board of the Wintrust Financial Corp. chose President Timothy Crane to succeed founder Edward Wehmer as CEO.
Transition alternative
Executives say moving to ESOP can ensure preservation of company legacy, culture, but employees need to understand the complexities of the transition.
Paramount Plastics of Elkhart purchased by Empowered Ventures
Paramount Plastics in Elkhart has been purchased by Empowered Ventures, an employee-owned holding company in Carmel.
Successful transition
Northwest Indiana experts say a succession plan is essential when they need to replace top-level leaders who are retiring or moving on to other challenges.
Leadership potential
When it comes to succession planning, the task can prove daunting especially for an organization that has enjoyed prosperity under stable leadership for decades. Add in a pandemic and a financial crisis and well-laid plans took unique twists and turns to future plans during these unprecedented times.