Newsmaker: Running a family owned business once founder steps down

NewsMaker

One of the most difficult transitions any family owned business can make is deciding over who will run the company once the founder decides to step down.

Will a second generation family member take over, or is it better to have a non-family member take over?

Joining us on this segment of Newsmaker to address these issues and to talk about Center for Family Business at Penn State Behrend is Greg Filbeck, the Director of the Black School of Business at Behrend.

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