Family Business Center
For Family Businesses - How to Transition to the Next Generation
Friday, May 3, 7:30 AM
Statistics say that 30% of businesses pass from the first generation to the second and only 13% make it to the third. Hear from a panel of family business owners who have successfully transferred their business from one generation to the next. Get practical tips for strong communication and decision making skills, when and how to start planning and what you can do to support understanding for the whole family during transitions.
Christine Marvin, Marvin Windows and Doors
Director of Marketing
Christine Marvin is the director of marketing for Marvin Windows and Doors and is responsible for planning, development and implementation of the Marvin brand product, pricing and marketing strategies. With an undergraduate degree from Macalester College and an MBA from the University of Denver, she is the fourth generation of Marvins to work for the family-owned and operated made-to-order window and door company.
Kris Kowalski Christiansen, Kowalski’s Markets
Chief Operating Officer
Kris Kowalski Christiansen knows a thing or two about the grocery business, having grown up in her family’s stores. She has been a key part of Kowalski’s Markets since its inception in 1983. Christiansen began her career as a cashier at the Grand Avenue location in St. Paul, and has since mastered many other positions within the company including the deli, bakery, accounting office and store management.
Christiansen received her bachelor’s degree from the University of St. Thomas. She then received her Master of Business Administration from the Carlson School of Management at the University of Minnesota – Twin Cities. After more than two decades of training and education, Christiansen earned the position of chief operating officer for Kowalski’s Markets.
Jim Klein, KleinBank
Jim Klein worked for KleinBank for 22 years leading the marketing and sales area before stepping aside, along with his brothers, to allow non-family executives to transition the business to the fourth generation. Klein is still involved in a governing role, although he no longer is involved in day-to-day operations. Before joining KleinBank, he was CEO of Wunder Klein Donahue, a building material supplier, until it was sold in 1989. Klein is a graduate of Gustavus Adolphus College.
A note to family business advisors: The breakfast series is restricted to members of family businesses.