The delicate matter of family succession in a public company

Handing over power to the next generation can be a tricky process for a publicly listed family business. Controlling shareholders must tread carefully if they want to avoid disaster.

When I was sitting in Servcorp’s foyer this week waiting for Marcus Moufarrige, I could hear his father’s voice booming from a nearby meeting room.

Alf Moufarrige, a legend in Sydney property, was educating a group of sales neophytes from around the world. “When you get a sales lead on the hook,” he bellowed, “you sell, sell, sell. You don’t let him go.”


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles