Case Study

Wates Group (B): A new chairman

5 pages
November 2009
Reference: IMD-3-2133

Having hired the non-family CEO described in the A case, two years later the Wates family is considering appointing him as Chairman, while also keeping him in the CEO role. What are the pros and cons?

Learning Objective

To discuss the governance of a family business.

Keywords
Family Business, Governance, Board, Chairman, Chief Executive Officer, Construction, General Management, Strategy
Settings
2006
Type
Field Research
Copyright
© 2009
Available Languages
English
Related material
Video
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This case study is part of a series
  • Wates Group (A): A new CEO
  • Wates Group (B): A new chairman
  • Wates Group (C): A very good year
This case study is part of a series
  • Wates Group (A): A new CEO
  • Wates Group (B): A new chairman
  • Wates Group (C): A very good year
Discover our latest research
IMD's faculty and research teams publish articles, case studies, books and reports on a wide range of topics
Wates Group (C): A very good year
By Peter J. Killing
Case reference: IMD-3-2134 ©2009
Summary
Things have gone very well for Wates since appointing Paul Drechsler as CEO and then Chairman. Now there is a difference of opinion about the strat...
Reference IMD-3-2134
Copyright ©2009
Copyright owner IMD Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications