The Next Chapter: Leadership Across Generations

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Lurie, LLP

2501 Wayzata Blvd

Minneapolis, MN 55405

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Ticket sales have now ended for The Next Chapter: Leadership Across Generations. Please review our two other series to attend.
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The Next Chapter: A three-part breakfast series exploring how to navigate business transitions for privately-held companies.

Closely-held companies face unique challenges as they evolve. Careful and strategic transition planning is crucial to support ongoing success and honor the company’s legacy.

Lurie and LymanDoran are bringing together respected leaders who have successfully navigated these transitions to share their stories with you. Whether preparing your company for sale, planning generational succession or building capacity through outside management, this series will offer valuable perspective and insight from leaders who understand the complexities of private ownership and growth.

We hope you will join us for one or all three of these insightful discussions.


Part 2: Leadership Across Generations - October 13

According to the Harvard Business Review, 70% of family-owned companies fail or are sold before the second generation has the opportunity to assume ownership, while just 10% remain active, privately-held companies into the third generation. Although the statistics are daunting, careful and proactive generational succession planning can transform this difficult transition into a tool for increased engagement and future growth.

Join family business owners who have beaten the odds and effectively navigated generational succession. Panelists will share stories and discuss best practices they have utilized with success.

Breakfast will be from 7:30am - 8am
Panel will begin at 8am


Panelists include:

Pat Cronin, Incentive Services

Pat Cronin is Vice President of Sales for Incentive Services, a leading provider of performance improvement, employee engagement and recognition programs serving more than 1,000 organizations across the US. Each year, Incentive Services will recognize and reward 2,000,000 employees around the world, helping its customers foster a culture of engagement, recognition and performance. Founded in 1981 by Joe Cronin, the company remains family-led by Joe and his three sons, Pat, Matt and Dan, all of whom started working at Incentive Services in junior high school. Pat joined Incentive Services fulltime as an Account Executive after graduating from college in 1991, when company revenues were less than $1MM. Today, revenues exceed $33MM. Pat oversees a team of 40 Account Executives and has been instrumental in the Company’s aggressive growth strategy, product and people development and initiating and managing National Account Partnerships.

Pat is a graduate of St. John’s University. He played both high school and college hockey, and continues to coach hockey in the Edina Youth program today. He is active with several community organizations, including Urban Ventures, the Upper Midwest Scholarship Fund and the Evans Scholarship Fund.


Karin Gessner, Red Devil Equipment Company

Karin Gessner is President & CEO of Red Devil Equipment Company. She began her career with the company in 1992.

Red Devil Equipment Company has been the industry's number one mixing equipment manufacturer since its inception 21 years ago and proudly manufactures its products in the USA.

Structured to provide our customers with leading industrial products, Red Devil Equipment Company offers unprecedented emphasis on customer service, product durability, reliability and innovation. Grounded in trust and excellence, the company is still family-owned and operated and is ever growing and expanding.

Karin serves on the Board of the Ronald McDonald House Twin Cities Chapter. She is also a member of Allied Executives and WPO.


David Miller, Minnetonka Moccasin

David Miller is the Chief Executive Officer of Minnetonka Moccasin Company, a private held 70-year old 4th generation family footwear manufacturer/wholesaler that sells it branded “Minnetonka” footwear world-wide. Mr. Miller was born and raised in Minneapolis where he attended Southwest High School (’74) and is a graduate of Lake Forest College in “(78) Lake Forest, Illinois.

Mr. Miller is very active in a number of philanthropic actives at the local, national and international level. He currently serves on the non-profit boards of Sing For Hope and the Children’s Hospitals of Minnesota. He is the former chair of the Young Presidents Organization Twin Cities Chapter and has served as a Trustee at Lake ForestCollege. He has also served on a number of for-profit business boards of private and public companies.


David Mortenson, M.A., Mortenson Companies

David Mortenson is chairman of M. A. Mortenson Company, a privately-held international diversified construction organization, headquartered in Minneapolis, MN. The company is currently ranked the 18th largest contractor by Engineering News-Record, and is the largest design builder of wind and solar energy in North America. The company currently employs over 5,000 team members in 12 North American offices. David leads business that specializes in everything from sports stadiums to hospitals, research institutions to data centers.

David joined the family business in 1991 after serving as the Combat Information Center Officer on board the USS Hewitt. He undertook the company’s first international design-build project for Seagate Technology in Northern Ireland, and was project director during the construction of the Walt Disney Concert Hall in Los Angeles. He led the company's west coast business for six years before returning to Minneapolis in 2007.

Outside of the office, he is an active community member, serving as the chairman of the Itasca Project, a founding board member of Greater MSP, a trustee of the Minneapolis Foundation, and a board member of Minnesota Business Partnership.


Moderator

Libby Carrier Doran, LymanDoran

Libby has a 19-year-history of helping companies find and develop the right leadership. Prior to co-founding LymanDoran, she founded and led To Point B, an executive search and organizational consulting firm, and for eight years prior was with The Wood Group, an executive search firm where she focused on search for small and medium-sized companies, investment firms and nonprofit organizations. Prior to that, Libby was a management consultant with Novations Group. Libby is a founding board member for College Possible and is on the advisory board of the Minneapolis Foundation’s North Star Fund. She holds an MPA from Princeton University and a BA from Dartmouth College. Libby and her husband, Tom, have three children and live in Minneapolis.


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Lurie, LLP

2501 Wayzata Blvd

Minneapolis, MN 55405

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