Why family succession is so difficult

This week, James Eyers on why key executive and eldest son Peter Fox has taken an unexpected break from the company, what it means for the Linfox succession plan and why handing over mult-billion dollar family fortunes is so hard to do.

This podcast is sponsored by Vanta

Further reading: Peter Fox’s long absence puts Linfox succession plan in the spotlight
For seven decades, billionaire businessman Lindsay Fox has loomed large over the empire he built from one truck. Who will succeed him is an open question.
Peter Fox on extended leave at Linfox as non-family directors step up
The son of the trucking magnate has been on sabbatical since December, with others outside the family appointed chairman of various logistics businesses.
‘We’re not going anywhere’: Peter Fox says Armaguard’s future assured
The Linfox boss hopes an independent pricing model is swiftly approved by the competition regulator, so a new enterprise deal can be struck with the union.

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