SOURCE: The Holleman Companies

October 04, 2010 17:38 ET

Family Business Succession Expert Vernon Holleman Interviews Catherine Merrill Williams of Washingtonian Magazine

CHEVY CHASE, MD--(Marketwire - October 4, 2010) -  A sudden tragedy can lead to an unexpected career change and a whole host of challenging issues when dealing with a family business succession. In a new podcast from the Holleman Business Succession Forum, succession expert Vernon Holleman of The Holleman Companies interviews Catherine Merrill Williams, President and Publisher of Washingtonian Magazine, Inc. Vernon and Cathy talk through the key events in her life, both before and after her father's death, that led to a successful leadership transition. 

This transition was not easy or certain. Cathy speaks with great honesty and clarity about the important factors that she confronted in her decision to assume leadership of Washingtonian Magazine, Inc. Issues covered, include: dealing with a sudden tragedy, family fairness vs. equability, working with non-family partners, taxes and timing, and teaching children an early appreciation for money and hard work. 

This podcast interview offers great insight into how succession can unfold after the death of a business owner if proper conversations have occurred. The listener will enhance their belief in, and understanding of, the importance of family communication from an early age and the teaching of the core values of gratitude and perspective. It is filled with excellent examples of how fundamental teachings lead to leadership and capability and help any family business person think more long-term about their mentoring, decisions, and planning. 

Each Holleman Business Succession Forum(SM) podcast can be heard at www.hollemanco.com by clicking on the podcast icon located on the top right of the web page. Listeners can also sign-up to receive an e-mail alert when each new podcast is available, or sign-up through iTunes. 

The Holleman Companies, Chevy Chase, MD, is a specialized insurance advisory firm focused on business succession, executive benefits and wealth transfer. More information is online at http://www.hollemanco.com or by contacting the firm at vernon@hollemanco.com or 301-656-8689.

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