Takeaway: Alan Spoon from The Washington Post – Non Family CEO’s

Alan Spoon, the former President of The Washington Post, spoke at a recent Center meeting and shared some of his experience as a non-family executive in a family held business.

On non-family CEO’s:

A non-family manager during the recruiting process will be especially interested in the growth plans for the business.

They will take into consideration:

  • The ambition of the family
  • The Strategic Plan for the business
  • The family management genuine commitment to growing the business
  • Important that “family is 110% committed”

He said one of the worst things a family can do is to say “let’s grow, but they don’t really mean it”