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Governance and Succession · Antigua and Barbuda · 2024

Family hotel group agrees a handover plan

The founders wanted to step back, but three children held different views on who should run the group.

2generations at the table
12month handover plan
1stindependent board member
Brick hotel building with red umbrellas over a street café

The challenge

The founders wanted to step back, but three children held different views on who should run the group.

Our approach

We ran one-to-one interviews, drafted a family charter and set up a board with an independent chair.

The results

The family signed the charter and a 12-month handover plan, and the new board has met every quarter since.

“For the first time the whole family agreed on a plan, and we put it in writing.”
Managing director, Family hotel group, Antigua
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