Smooth sailing through ownership transitions for financial leaders of private companies

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Navigating Ownership Transitions for Private Company Financial Leaders


  • Record numbers of retiring boomers means private companies are facing ownership transition challenges.
  • CFOs play a crucial role in orchestrating strategies for ensuring continuity in leadership.

As baby boomer business owners reach retirement age, private companies are grappling with the complexities of ownership transitions. Chief Financial Officers (CFOs) are taking on a pivotal role in safeguarding the future viability of their organizations. Transition planning requires a multidisciplinary approach, involving financial structures, risk assessment, and collaboration with legal and HR teams. Identifying key stakeholders, establishing clear goals, and evaluating ownership transfer options are essential steps in the transition planning process.

Key Elements

As record numbers of retiring baby boomers create ownership transition challenges for private companies, CFOs play a crucial role in orchestrating strategies for continuity in leadership. Transition planning involves multidisciplinary approaches, stakeholder identification, goal setting, and evaluation of ownership transfer options. Valuing the business properly and understanding tax implications are also key aspects of a successful ownership transition.


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