Jennie Clarke Participates in Succession Planning Panel
October 31, 2017
Jennie Clarke recently participated in a panel discussion moderated by CEO Roundtable president, Michael Miller, and hosted by the Minneapolis-St. Paul Business Journal,on the subject of succession planning in family owned businesses. The conversation highlighted the many areas that challenge the smooth transition of business from one generation to another such as agreeing on valuation and letting go of control when the time comes. Jennie emphasized the importance of business owners starting early to create an exit plan with the help of experts and revisiting it on a regular basis to keep it relevant. There are many options available in determining the future of a family-owned business and the panel participants agreed that understanding those options and being proactive is key to a successful transition or sale.
Jennie is a shareholder of the firm and has over 25 years of experience in business law and focuses her practice on structuring and documenting business relationships and transactions of all kinds, including commercial contracts, supply chain matters, corporate finance and securities, mergers and acquisitions, start-up and emerging businesses, and licensing and strategic alliances.