Performance Metrics for Family Businesses

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Please note that the registration for this program has closed. If you have any questions, you may reach us at info@nycfec.org. Please visit our website’s membership section for more benefits and other programs.

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Location

Location

Private Location

Near Grand Central

New York, NY 10165

Refund Policy

Refund Policy

No Refunds

Sales Have Ended

Ticket sales have ended
Please note that the registration for this program has closed. If you have any questions, you may reach us at info@nycfec.org. Please visit our website’s membership section for more benefits and other programs.
Event description

Description

If you are a family member who is a board member, executive, trustee and/or a shareholder of your family's business, this NYCFEC combined meeting of NYCFEC Special Interest Groups has been specially designed to help you better understand performance metrics to enhance your effectiveness and role.

Please join us for a presentation and in-depth discussions about what metrics board members, shareholders, trustees, and management should consider for measuring the performance of a family business. While each family business is different, and there are some common metrics used within their industry, family businesses frequently overlook some other key qualitative and quantitative measures. Furthermore, family business board, shareholder, trustee, and management groups and individuals may desire using different measures. This session will explore what metrics and measures may fit best. We will also be joined by outstanding NYCFEC faculty. See below:

Space is limited

THIS MEETING IS FREE FOR NYCFEC MEMBERS OR THOSE WHO ARE MEMBERS OF A NYCFEC SPECIAL INTEREST GROUP.

If this is your first time attending, you can receive a 50% discount using code FT051.

You must either reside in the greater NYC area or the family business must be located in the greater NYC area. First names are used, and you do not have to identify or discuss your family or business.

No advisors, commercial influence, selling or sponsors are permitted.

If you have not already, please join NYCFEC at any of the five levels to become part of our safe, wonderful community of NYC family businesses and receive many benefits. Join here.

Faculty

Kemp Stickney

Mr. Stickney leads Kemp C Stickney & Co., a boutique consulting firm exclusively focused on assisting Trustees, Executors and Beneficiaries to assess and resolve significant Fiduciary related problems. Prior to this, he spent the past 30 years in various Fiduciary roles at Bank of Boston, Bessemer Trust Company of Florida and the last 19 years at Wilmington Trust where he ultimately had oversight for all aspects of the legacy Family Wealth Relationships and Trust Administration serving as Senior Vice President and Chief Fiduciary Officer and as well as a member of the Board of Directors of Wilmington Trust Company.

Mr. Stickney previously served as President of Wilmington Trust, FSB Florida and as a member of the Board of Directors of Wilmington Trust, FSB. In addition, Mr. Stickney served as a member of the Board of Directors of the Florida Banker’s Association and was named Trust Banker of the Year by the Florida Banker’s Association. Mr. Stickney has been extensively quoted in the press related to his expertise on collectables and wealth management issues.

Mr. Stickney also served as Chairman of the Board of Trustees of the Norton Museum of Art in West Palm Beach, Florida and currently serves as a Trustee where he serves on its Audit, Capital Campaign, Finance, Executive and serves as Chair of the Investment Committee. He is interested in art and antiques and is an avid vintage and collectable

Mr. Stickney earned his BA in Philosophy at Hobart College and his Juris Doctor at Vermont Law School. He is also trained in Art History at Sotheby’s Style in Art Course in London and was a British American Educational


Warner King Babcock

Mr. Babcock is a Family Firm Institute Fellow and a National Association of Corporate Directors - Governance Fellow, who has been a family council member, family business CEO, board member, and a trustee of family trusts controlling family businesses, investments, and special needs trust. He has also served on several boards and led a highly specialized registered investment advisor focusing exclusively on direct investments in private companies and ventures. He also served as Chair of many board committees, including an Endowment Committee. Throughout his career, he has studied and utilized a wide variety of measures in his various duties and roles from different industries and perspectives.

Prior to co-founding NYCFEC, Mr. Babcock founded and led Advanced Materials Partners "AMP Corporate Strategy and Development," which specialized in helping leading family businesses (i.e., SC Johnson – “A Family Company”) and other major companies (i.e., Alcoa, Edwards Lifesciences). AMP developed and implemented major long-term, comprehensive growth strategies to help family businesses and corporations expand into new emerging areas, as well as provided advice on transactions for over twenty years. Beginning in 1992, Mr. Babcock simultaneously began advising next-generation family members and family offices on their personal vision, strategy, implementation, and transactions for private direct investments that met their own personal interests and objectives. Mr. Babcock merged these two firms in 2011, forming AM Private Enterprises, Inc., that focused on new forward-thinking initiatives to assist the entire family enterprise and their families, including NYCFEC.

Earlier in his career, he founded and built a manufacturing company based on his patented inventions, which was financed and held by family trusts. Beginning in 2010 as an adjunct faculty member, he taught undergraduate full semester courses on family business management and full semester MBA courses on Boards, Governance and Leadership within Entrepreneurial and Family Firms, which he created at Baruch College in NYC. He has published in Accounting Today, Family Business Magazine, Trusts & Estates, and other leading publications. He has spoken and written on leading-edge board, investment, and business topics. He has also been featured in the New York Times. He holds an MBA degree from Emory University and a degree in Chemistry from the University of North Carolina, and completed many biomedical engineering courses at Vanderbilt University advancing his work on a new type of artificial heart.

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Date and Time

Location

Private Location

Near Grand Central

New York, NY 10165

Refund Policy

No Refunds

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