The Life Cycle of a Family Business

THE DRUCKER SCHOOL GLOBAL FAMILY BUSINESS INSTITUTE INVITES YOU TO_ __"THE LIFE CYCLE OF A FAMILY BUSINESS" _ WEDNESDAY, MARCH 11, 2020 JOIN US FOR THIS INSIGHTFUL EDUCATION SESSION HOSTED BY THE DRUCKER SCHOOL’S FLAGSHIP INSTITUTE, FEATURING A KEYNOTE FROM DREW EVERETT, CHAIRMAN OF THE BOARD AT BUSH BROTHERS & COMPANY, ON HOW A 112-YEAR-OLD FAMILY-OWNED BUSINESS MANAGES TO GROW AND SUCCEED WHILE MAINTAINING A FOCUS ON THE VALUES IT WAS FOUNDED ON.  AFTER OUR KEYNOTE, GUESTS WILL JOIN US FOR FACILITATED DISCUSSION GROUPS AND A PANEL FEATURING DEANNE MENDOZA, EXECUTIVE VICE PRESIDENT; RACHELLE CRACCHIOLO, CHIEF EXECUTIVE OFFICER; AND CORINNE BURTON, PRESIDENT; OF TEACHER CREATED MATERIALS. THIS EVENT IS OPEN TO DRUCKER SCHOOL GLOBAL FAMILY BUSINESS INSTITUTE MEMBERS AND THEIR GUESTS. NOT A MEMBER YET? JOIN US AS OUR GUEST TO LEARN MORE ABOUT THE INSTITUTE, MEET ITS MEMBERS AND LEARN ABOUT THE BENEFITS OF MEMBERSHIP [https://research.cgu.edu/drucker-family-business-institute/membership/]. SPACE IS LIMITED. REGISTER BY FRIDAY, MARCH 6. FOR MORE INFORMATION, CONTACT KATHLEEN FARISS, DIRECTOR, DRUCKER SCHOOL GLOBAL FAMILY BUSINESS INSTITUTE AT 909-607-7262 OR KATHLEEN.FARISS@CGU.EDU. AGENDA 7:30 AM | CHECK-IN AND BREAKFAST  8:00 AM | WELCOME JENNY DARROCH, Henry Y. Hwang Dean, Professor, and Drucker Brand Champion 8:10 AM | KEYNOTE SESSION "The Evolution of a 112-Year-Old Family Business"Drew Everett, Chairman of the Board, Bush Brothers & Company Although their family recipe may remain a secret, the evolution of Bush Brothers & Company is a story worth sharing. Originally a tomato cannery in Chestnut Hill, Tennessee, in the roaring 20’s, the family-owned company would go on to navigate the peaks and valleys of America’s history while continuing to grow their business on the belief that quality is the best policy. In this keynote address, Chairman of the Board Drew Everett will delve into key points in the company’s evolution, such as how the family professionalized business operations from the third to fourth generation and, most recently, how they implemented a three-year succession plan to ensure a seamless onboarding of their newest CEO. All these years later, the company is still as dedicated as ever to family, excellence, and an exceptional tasting product. Drew is a fourth generation member of the Bush FAMILY. He began his work for the FAMILY BUSINESS IN 1993 IN THE INFORMATION SERVICES DEPARTMENT BEFORE TRANSITIONING TO THE SUPPLY CHAIN AND OPERATIONS TEAM. As production manager, he successfully led the manufacturing population’s transition to Condon’s Plant – a new production facility at Chestnut Hill which is arguably one of America’s finest food processing plants.   Drew joined the company’s Board of Directors in 2007. In 2008 he was promoted to director of human resources and in 2013 he became director of shareholder relations and was promoted to vice president. In that capacity he led organizational and employee development that supported Bush's highly involved, results-oriented culture. This same philosophy has guided the activities of the Bush FAMILY TO ENSURE SUCCESSFUL TRANSITION TO THE 4TH AND 5TH GENERATION OF OWNERSHIP. Drew was elected into his current role, chairman of the board, in June 2015. He is a founding member of the Bush FAMILY SENATE AND THE SHOEBOX PRIVATE TRUST COMPANY BOARD OF DIRECTORS, where he also chairs the Investment Committee. Drew now serves on the board for Second Harvest Food Bank of East Tennessee and the Editorial Advisory Board of FAMILY BUSINESS MAGAZINE. He received degrees in Finance and Production & Operations Management from Virginia Tech. 9:00 AM | NETWORKING BREAK 9:10 AM | PANEL DISCUSSION “What are the Necessary Steps to Prepare for Succession of the FAMILY BUSINESS?" Corinne Burton, President, Teacher Created Materials Deanne Mendoza, Executive Vice President, Teacher Created Materials Rachelle Cracchiolo, Chief Executive Officer, Teacher Created Materials Moderator: Pat Soldano (MBA '86), Special Advisor, Drucker School Global FAMILY BUSINESS INSTITUTE/FAMILY BUSINESS CONSULTANT 10:00 AM | NETWORKING BREAK 10:10 AM | DISCUSSION GROUPS PROGRAM CONCLUDES AT 11:00 AM SPECIAL ANNOUNCEMENT: PLEASE JOIN US FOLLOWING THE EDUCATION SESSION FOR LUNCH AND OUR CEO/FOUNDER AND NEXT GENERATION AFFINITY GROUPS OPEN TO FAMILY BUSINESS LEADERS WHO ARE MEMBERS OF THE DRUCKER SCHOOL GLOBAL FAMILY BUSINESS INSTITUTE. ONCE YOU BECOME A MEMBER OF THE INSTITUTE YOU CAN PARTICIPATE IN THE AFFINITY GROUPS FOR AN ADDITIONAL FEE.   AFFINITY GROUPS ARE LIMITED TO THE FIRST 10 FAMILIES! JOIN TODAY!  FOR MORE INFORMATION, CALL KATHLEEN FARISS, DIRECTOR, DRUCKER SCHOOL GLOBAL FAMILY BUSINESS INSTITUTE AT 909-607-7262 OR KATHLEEN.FARISS@CGU.EDU.