Case Study

Wates Group (B): A new chairman

5 pages
November 2009
Reference: IMD-3-2133

Having hired the non-family CEO described in the A case, two years later the Wates family is considering appointing him as Chairman, while also keeping him in the CEO role. What are the pros and cons?

Learning Objective

To discuss the governance of a family business.

Keywords
Family Business, Governance, Board, Chairman, Chief Executive Officer, Construction, General Management, Strategy
Settings
2006
Type
Field Research
Copyright
© 2009
Available Languages
English
Related material
Video
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