Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford SPECIAL Mauro Gilberto Bellini REPORT Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie- Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail2013 Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas EliodoroTop Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona 50 Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad AbdullahFAMILY Al-Khorayef Erramon Aboitiz Johan Andresen BUSINESS Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht AnthonyLEADERS Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohnwith Pawan the Munjal support Hans Georg Näder of Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Top 50 2013 FAMILY BUSINESS LEADERS

or the most part, family businesses like discretion. When asked who in the family is the inspiration behind the business, some might offer the name of the founder, others Top the current family principal, but most will be Freluctant to name anyone in particular. That, say most family businesses, is how they like it – operating discreetly and not singling out anyone for notoriety. But, of course, the success of family businesses is often about the inspiration, application and sheer bloody-mindedness to of the make it of one individual. So with the risk of provoking the ire of some of our readership, CampdenFB is naming 50 of the world’s top family business leaders. Now in its third year, CampdenFB’s Top 50 Family Business Leaders, with the support of Ernst & Young, represents the family most authoritative list of the world’s greatest leaders of family- controlled firms. Judged by a team of professors from leading business schools and CampdenFB editorial staff, the list this year gives specific reasons why they have been included. The four factors used to evaluate the business leaders were: growth of the business; succession planning; corporate governance; and tree entrepreneurship. Many of those included showed achievement in all four of these categories, but might have particularly excelled in one or two. CampdenFB unveils its annual This year we have also introduced a new category – “the Top 50 Family Business Leaders ones to watch”. These are individuals that have already shown exceptional talent, possibly in another career, but have only list – the names inspiring their recently risen to the top of their family business, and are now in a businesses and beyond position to make a difference, like Alessandro Benetton and Axel Dumas.

methodology CampdenFB drew up a long list of more than 200 family business leaders across the globe on the basis of these criteria: „ The candidate showed adherence to exceptional corporate governance and succession planning „ The candidate showed outstanding entrepreneurial talent in the context of the family business „ The candidate has been crucial to the successful running of the business in the last five years and helped to underpin its revenue growth and profitability The family business also had to meet certain criteria: „ The family controls at least 25% of the company’s decision-making rights „ The share capital controlled by the family is at least in its second generation „ The company had revenues of at least €100 million ✷ Fiscal year revenues are marked with an asterix

1 CampdenFB.com Winter 2013 SPECIAL REPORT

Some are heads of multi-million-euro companies like Tim Cooper, from the Australian brewery named after his family, and Hans Georg Näder, who heads up German prosthetics The panel maker Ottobock. Others are leading some of the world’s biggest businesses, like Bill Ford at the helm of the eponymous carmaker, and Nick Hayek, who runs the Swatch Group, the world’s biggest watchmaker. The growing role of women in family businesses has also been reflected in this year’s list – one-fifth of the top leaders were women, up two from last year and five from the first edition of the survey. Altogether 18 names from last year’s list appear again. They include perennials like Marie-Christine Coisne-Roquette, whose David Bain Kavil Ramachandran Editorial Director Professor of family management continues to excel at Sonepar, and Adi Godrej, Campden Wealth business and wealth who is not only leading one of India’s most successful family management, Indian businesses, but is also fostering better economic relations with School of Business India’s old adversary Pakistan. Of course, compiling a list of the top family business leaders Would you like to every year might be construed as going against the long-term nominate someone, or indeed yourself, business ethos that many family businesses are about. After all, for the 2014 Top 50? appearing on this list or not will have little bearing on the success If you think there are of a family business. And, unlike their counterparts in non-family other outstanding family business leaders that merit listed businesses – which are unlikely to be headed for much inclusion in this list then longer than seven years – most family business leaders are in please contact: place for the long term. Nevertheless, these 50 names should be held up as role Joachim Schwass Giulia Cambieri models, inspiring the next generation and indeed non-family Professor of family giuliacambieri business leaders in the pursuit of stewardship of their companies. business/director of the @campden.com For that reason alone, the list will hopefully inspire next-gens and programme leading the family business, IMD +44 (0) 207 721 40552 beyond.

DISCOVER Ernst & Young is delighted to support the CampdenFB Top 50 Family Business Leaders. Our Family Business www.campdenFB.com Center of Excellence is designed to support family business owners and executives wherever they operate Read about the CampdenFB/ in the world. It brings together advisers from across the Ernst & Young Top 50 Family Business Ernst & Young global network to share knowledge and Leaders and see the latest news on their insights that address family-business challenges and to companies by going online or following provide seamless service for family-owned companies us on Twitter around the globe. While each family business is unique, successful family businesses have much in common. Understanding these success factors and taking advantage of that knowledge underpins our “Growth DNA of family business” model. For more information please visit: www.ey.com/familybusiness CAMPDENFB

2 With the support of Winter 2013 CampdenFB.com Top 50 FAMILY BUSINESS LEADERS in alphabetical order

Simone Bagel-Trah

Age: 44 Role: Chairwoman of shareholders’ committee & supervisory board Company: Henkel Country: Germany Revenues: €15.6 bn (11)

Considered one of the most powerful businesswomen in Germany, Simone Bagel-Trah has been at the helm of consumer goods business Henkel since 2009. With a doctoral degree in microbiology and two years’ experience as a consultant in the pharmaceutical industry, she has the science background needed to understand the essentials of Henkel’s products – which include Schwarzkopf, Persil and Loctite. Under her watch, the company has been expanding heavily, buying stakes in businesses in Central America, Denmark and Germany.

Nominated for: Growth,

Corporate governance A ssociation Press

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Saad Abdullah Saad Abdullah Al-Khorayef has the top Third-generation Saad Abdullah position at the Alkhorayef Group, whose Al-Khorayef has been behind the Al-Khorayef interests range from oil and lubricants internationalisation and diversification to printing and paper. Under his of the business, which employs more than Role: CEO leadership, the Riyadh-based firm has 5,000 people, since he took the top job. Company: Alkhorayef Group strengthened its international presence Country: Saudi Arabia and now has operations in 40 countries. Nominated for: Growth

Erramon Aboitiz

Age: 55 Role: President and CEO Company: Aboitiz Equity Ventures Country: Philippines Revenue: €1.3 bn (11) Press A ssociation Press Erramon Aboitiz has a reputation as an innovator in the business world. Having focused on expanding the assets of his group’s big subsidiary Aboitiz Power, he’s overseen growth of more than 100% at Aboitiz Equity Ventures since 2008. Johan Andresen Nominated for: Growth Age: 51 Role: Chairman Company: Ferd Country: Norway Gianluigi Aponte Revenues: €1.2 bn (11) Age: 72 Two things sum up Johan Andresen – Role: President Company: MSC Mediterranean entrepreneurship and openness. Non-family Shipping Company CFO John Giverholt recently became the Country: Switzerland firm’s CEO. Organic growth, decentralised management Nominated for: Corporate and alliances with competitors – Gianluigi governance, Entrepreneurship Aponte turned MSC into the world’s second- largest container shipping company in 30 years. Simone Bagel-Trah P3 Nominated for: Growth,

Entrepreneurship

Press A ssociation Press Marcelo Bahia This year is Marcelo Bahia Odebrecht’s third in a row to make this list – and with revenue growth of about 30% in 2011 it’s Odebrecht hardly surprising. In fact, since taking the helm in 2008, he’s Age: 43 overseen growth of more than 70% at the Latin American Role: President and CEO conglomerate, whose interests include construction, energy Company: Odebrecht and petrochemicals. Country: Brazil Revenues: €25.8 bn (11) Nominated for: Growth

4 With the support of Winter 2013 CampdenFB.com Top 50 FAMILY BUSINESS LEADERS in alphabetical order

Anthony Bamford

Age: 67 It’s been a good year for the king of the Role: Chairman yellow diggers, Sir Anthony Bamford. Under Company: JCB his watchful eye, JCB reported record- Country: UK breaking revenues of €3.4 billion for 2011 Revenues: €3.4 bn (11) – up more than 100% since 2009 – and Bamford expects an even better 2012. He’s also pushed expansion, particularly in Nominated for: Growth China, Brazil and India.

5 CampdenFB.com Winter 20122013 SPECIAL REPORT

Alessandro Benetton Age: 48 Role: Chairman Company: Benetton Group Country: Italy Revenues: €2.0 bn (11)

Mauro Gilberto From the rough-and-tumble world of private equity, Alessandro Benetton is now trying Bellini to revamp the Benetton brand – a tall order, say analysts. Age: 51 Role: President

Nominated for: Potential A lessandra Catavero Company: Marcopolo Country: Brazil Revenues: €1.2 bn (11)

As president of Brazilian bus-maker Jean Burelle Marcopolo, Mauro Gilberto Bellini Age: 73 can be credited with the international Role: Chairman and CEO development of the company, which was Company: Burelle R euters founded by his father in 1949. Between Country: France 1996 and 2007, Bellini was tasked with Revenues: €4.2 bn (11) developing Marcopolo’s operations in Africa and the Middle East. He joined the Jean Burelle spent more than 40 years Landry and Techni-Plaste board of directors in 2008 and was elected working at his family’s holding company, Industrie. Due to his success, president last year. The family business which has interests in plastic, private equity Burelle was promoted president of the now manufactures 30,000 buses every year and real estate. He proved his mettle as overall group in 2001 and he has been and has achieved revenue growth of more president of subsidiary Plastic Omnium behind its recent strong growth. Revenues than 65% during the three-year period to between 1987 and 2001, developing the rose by 72% between 2009 and 2011. the end of 2011. company through international growth and acquisitions, buying the likes of French Nominated for: Growth Nominated for: Growth Anand Burman

Age: 60 focused on turning the business into a Role: Chairman multinational group – Dabur made its Company: Dabur India first-ever acquisition, of Hobi Kozmetik, a Country: India Turkish personal care group, in 2010, and Revenues: €725 mn (12*) has since bought Namaste Laboratories, a With a PhD in pharmaceutical chemistry, US firm specialising in hair care products, fifth-generation Anand Burman played a and the vitamin supplement division of crucial role in growing the family business, Mumbai-based Ajanta Pharma. Revenues consumer goods company Dabur India. hit €725 million in 2012 – a 30% increase After setting up the firm’s pharmaceutical on the year before. division, he was appointed company chairman in 2007. Since then, he has Nominated for: Growth

Winter 2013 CampdenFB.com 6 Top 50 FAMILY BUSINESS LEADERS in alphabetical order

Marilyn Carlson Nelson

Age: 73 Role: Chairman Company: Carlson Country: US Consolidated revenues: €3.4 bn (11)

Marilyn Carlson Nelson has instilled a culture of corporate governance at the eponymous hospitality company. Those efforts were seen vividly last year in the form of succession with two next-gens – Geoffrey Gage and Wendy Nelson – joining the board. Soon after, Carlson Nelson named non- family Trudy Rautio as CEO. Daughter Diana Nelson will become chair this year.

Nominated for: Corporate governance, Succession

Marie-Christine Adriana Coisne- Cisneros Roquette Age: 33 Role: Vice-chairman Age: 56 of the board Role: Chairwoman and CEO Company: Cisneros Group Company: Sonepar Country: Venezuela Country: France Revenues: €14.7 bn (11) Third-gen Adriana Cisneros is Tim Cooper credited with media conglomerate Age: 56 Cisneros Group’s huge success Role: Managing director and in the vast US Hispanic market chief brewer and its move into the even bigger Company: Coopers Brewery market of China. Her father Country: Australia spotted her business acumen Revenues: €145 mn (12*) early on, naming her future heir to his role as Cisneros’s chairman. Tim Cooper was instrumental in bringing She is currently vice-chairman the Adelaide-based brewery back into of the board and director of Marie-Christine Coisne-Roquette family control after years of uncertainty and strategy for the Cisneros Group continues to oversee strong at the same time making it one of Australia’s and president of the Cisneros revenue and profit growth at most successful breweries. Lately, he’s Foundation, the family’s charitable Sonepar. That’s largely down to concentrated on international growth, with organisation created to improve her shrewd management skills. Coopers buying America’s largest home education in Latin America. brew brand, Mr Beer, last year. Nominated for: Growth Nominated for: Growth Nominated for: Growth

7 CampdenFB.com Winter 2013 SPECIAL REPORT

Jean-Charles & Jean-François Decaux

Age: 42, 53 respectively The Decaux brothers are behind big Role: Co-CEOs growth – JCDecaux has doubled in size Company: JCDecaux in the last 10 years, making it the world’s Country: France biggest out-of-home advertising company. Revenues: €2.5 bn (11) Although 2011 proved more difficult, with sales rising by just 4.8%, the brothers want to double the size of the business in Nominated for: Growth R euters (2) the next 10 years through expansion.

Age: 65 Richard Eu Role: CEO Company: Richard Eu pretty much single Eu Yan Sang handily changed the fortunes of Eu Country: Yan Sang, the healthcare company Singapore founded by his great-grandfather Revenues: in 1879. Since he joined the €179.6 mn family business in 1989, Eu has (12*) focused on modernising the firm, which specialises in traditional Chinese medicine. He developed new products and improved distribution, turning Eu Yan Sang into a well known and fast-growing healthcare company in Asia.

Nominated for: Growth, Axel Dumas entrepreneurship

Age: 42 Role: Future co-CEO Company: Hermès Ferruccio Ferragamo Country: France Revenues: €2.8 bn (11) Age: 67 Role: Chairman Set to become co-chief Company: Salvatore Ferragamo executive in summer 2013, Country: Italy sixth-gen Axel Dumas has been Revenues: €986.4 mn (11) hugely influential at Birkin bag- maker Hermès. He led its highly Ferruccio Ferragamo understands profitable leather division. After both the design and business side of learning the ropes from non- the family firm. The fashion house has family Patrick Thomas, Dumas ridden the luxury sector boom well, will become sole CEO. and Ferragamo has instilled strong corporate governance. Nominated for: Potential Nominated for: Growth, 13 Corporate governance

8 With the support of Winter 2013 CampdenFB.com Top 50 FAMILY BUSINESS LEADERS in alphabetical order

Antoine Fiévet Bill Ford Age: 48 Age: 55 Role: Chairman and CEO Role: Executive chairman Company: Bel Group Company: Ford Motor

Country: France Country: US A ssociation Press Revenues: €2.5 bn (11) Revenues: €102.9 bn (11)

The great-grandson of Recently, Ford The man behind Laughing on behalf of the 148-year-old legendary company founder oversaw plans to Cow cheese has plenty to smile company in 2012. The fifth-gen Henry Ford, Bill Ford has restructure the company’s about. Not only has Antoine has pushed aggressively into without doubt contributed European operations and Fiévet overseen steady growth foreign markets – and the to the carmaker’s success. the launch of new at France-based Bel despite move appears to be paying off, In 2006, at a moment where lower-emissions vehicles, austerity in most of Europe – with the company reporting the firm was struggling with a successful move as revenues were up by 4.5% in double-digit rises in sales in huge losses, he made the rising oil prices has 2011 – he was also awarded Africa, the Americas and decision to hire non-family seen greater demand the IMD-Lombard Odier Asia-Pacific during the third Alan Mulally as CEO. for greener cars. Global Family Business Award quarter of 2012. Nominated for: Corporate governance Nominated for: Growth

Wolfram Freudenberg

Age: 71 Role: Chairman of the board of partners Company: Freudenberg Group Country: Germany Revenues: €6 bn (11)

Fifth-generation Wolfram A perennial on Freudenberg, who this list, Adi Godrej was appointed appears again due to chairman of the his continuous ability to family-controlled Adi Godrej ensure the eponymous conglomerate in Age: 70 company grows strongly 2005, has done more than enough to offset growth difficulties Role: Chairman both domestically and stemming from Europe’s financial crisis. He has focused Company: Godrej Group internationally. He’s shown on expanding in India, China and Russia – and has made Country: India an uncanny ability to appoint some worthwhile acquisitions in developed markets, buying professional managers who Norway’s Vector Technology Group and US-based MedVenture Nominated for: make a difference to the Technology. Revenues rose 43% between 2009 and 2011. Growth group’s subsidiaries.

Nominated for: Growth

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to watc ne h o Abigail Johnson

Age: 51 Often described as the most powerful Role: President woman in fund management, Abigail Company: Fidelity Financial Services Johnson was named president of Fidelity Country: US Financial Services in 2012. It’s surely a clear indication the third-gen will one day replace her father, Ned Johnson, at the helm of Nominated for: Potential Fidelity Investments. Getty Images

Winter 20132012 CampdenFB.com 10 Top 50 FAMILY BUSINESS LEADERS in alphabetical order

Nick Hayek Abigail Johnson P10

Age: 58 business, which also owns the Omega and William Lauder Role: CEO Longines brands, expanded into Asia and Company: Swatch Group the US. Always looking for a good deal, Country: Switzerland last year Hayek acquired Swiss watch Revenues: €5.9 bn (11) case-maker and fellow family business Second-gen Nick Hayek joined the Simon et Membrez. Swatch Group, now the world’s largest watchmaker, in 1994 and became CEO Nominated for: GROWTH in 2003. Under his tenure, the family Press A ssociation Press

Lim Kok Thay Age: 51 Lim Kok Thay Role: Executive chairman Age: 62 Country: US Role: Chairman and CEO Company: Estée Lauder Company: Genting Group Revenues: €7.3 bn (12*) Country: Malaysia Revenues: €4.9 bn (11) William Lauder has encouraged family members to be entrepreneurial, with third- gen Aerin recently launching a new brand Lim Kok Thay is the man behind with the backing of the family. He has also Genting Group’s staggering growth focused on succession planning – third- – revenues more than doubled gen Jane was recently appointed global between 2009 and 2011. The group president and general manager of Darphin, is expanding in Asia and Australia. one of the firm’s skincare brands.

Nominated for: GROWTH Nominated for: Entrepreneurship, Succession

Nicola Leibinger-Kammüller

Age: 53 Role: President Kammüller’s leadership the family business, Company: Trumpf Group one of the biggest toolmakers in the world, Country: Germany has seen a complete turnaround. Leibinger- Revenues: €2.33 bn (12*) Kammüller built on a strong rebound in 2010/2011, with revenues hitting €2.33 Nicola Leibinger-Kammüller replaced her billion in its most recent fiscal year. father, Berthold Leibinger, as president Leibinger-Kammüller knows the business of the machine tool producer in 2005. intimately, having worked in it her whole Revenues at the Ditzingen-based business, career, and is currently responsible for which her father bought from founder overall strategy, corporate communications Christian Trumpf, dropped significantly and real estate and facilities. between 2008 and 2010, during the global downturn. But under Leibinger- Nominated for: GROWTH

11 CampdenFB.com Winter 2013 SPECIAL REPORT

Isolde & Willi Liebherr

Role: Vice-president and president of business grew steadily, with turnover at the the board of directors company, which is fully controlled by the Company: Liebherr International family, rising 10% in 2011 on the back of Country: Switzerland growth in eastern Europe and China. Revenues: €8.3 bn (11) They also started succession planning last Brother and sister Willi and Isolde Liebherr year, transferring some of their shares to have been managing the Swiss company their children and giving the third since their father died in 1993. Through generation more responsibility within Nominated for: Growth, their joint efforts, they made sure the the family business. Succession

Jean Mane Antonio & Emma Marcegaglia Age: 49, 47 respectively Role: CEOs Company: Marcegaglia Country: Italy Revenues: €4.3 bn (11)

Thanks greatly to the efforts of the two siblings, steelmaker Marcegaglia has seen a 71% increase in revenues in the three-year period ending 2011. Nominated for: Growth

Age: 58 Eliodoro Matte Role: President and CEO José Mas Company: Mane Larrain Country: France Role: Chairman Revenues: €530.1 mn (11) Company: Empresas CMPC Country: Chile Revenues: €3.6 bn (11) President and CEO Jean Mane has been instrumental in growing the Nominated for: GROWTH eponymous fragrances and flavours company, with revenues jumping Eliodoro Matte Larrain 51% between 2009 and 2011. Age: 39 joined the pulp and The firm has several production Role: CEO paper family business sites across the world because Company: MasTec in 1976. After being Country: US Mane thinks the company needs appointed CEO in Revenues: €2.3 bn (11) to act like a local business to grow 1981, he expanded in international markets. His the company through philosophy is paying off, and the Under José Mas’s leadership, diversification and group is strong in countries such as revenues at MasTec jumped 86% acquisitions. Today, under Indonesia and Japan. between 2009 and 2011. his chairmanship, the group is one of the world’s fastest growing family businesses growth Nominated for: Nominated for: Growth – revenues rose by 53% between 2009 and 2011.

12 With the support of Winter 2013 CampdenFB.com Top 50 FAMILY BUSINESS LEADERS in alphabetical order

Pawan Munjal P16 Liz Mohn Age: 71 Role: Vice-chairwoman of the executive board Company: Bertelsmann Country: Germany Revenues: €15.3 bn (11) As vice-chairwoman, fifth-gen Liz Mohn recently oversaw changes to the company’s legal structure, allowing the publishing business to bring in outside investors while ensuring the Mohn family retains control. The group also recently linked up with UK rival Pearson in a merger of publishing brands Penguin and Random House. Hans Georg Näder Nominated for: GROWTH A ssociation Press Age: 51 Role: CEO and president Company: Ottobock Country: Germany Rajan Nanda Revenues: €583.2 mn (11)

has seen fast growth – sales rose Role: Chairman and joint Professor Näder as he is popularly managing director by 49% between 2009 and 2011. known has overseen steady Company: Escorts Group Nanda has led the company’s expansion growth at one of the world’s Country: India into new markets. The group, biggest producers of prosthetics Revenues: €444.1 mn (11) which has also linked up with a number – and the winner of CampdenFB’s of international firms, has recently 2012 family business of Rajan Nanda was appointed chairman improved professionalism, with the the year award. Näder has also of Escorts Group, which hiring of a number of non-family brought in non-family managers in manufactures tractors and a range members to head its units. different divisions. of construction equipment such as cranes and forklifts, in 1994. Nominated for: Nominated for: Growth, Corporate governance Under Nanda’s supervision, the group entrepreneurship, Growth Abdallah Obeikan

Country: Saudi Arabia rapidly expanding in the Company: Obeikan Industrial Middle East – revenues Investment Group increased by 33% Position: CEO between 2009 and 2011, Revenues: €583.7 mn (11) and the firm recently launched a glass-making business. Thanks to Abdallah Obeikan the group, which spans Obeikan’s efforts, the became CEO of his paper to packaging, family conglomerate also family’s conglomerate in publishing and increased transparency 2000. Under his tenure, e-learning services, is about its financial results.

Nominated for: Growth, corporate governance

13 CampdenFB.com Winter 2013 SPECIAL REPORT

Grandhi Mallikarjuna Rao

Age: 62 Thanks to the efforts of

A ntonio Sansica Role: Chairman founder and chairman GM Company: GMR Group Rao, the family-controlled Country: India infrastructure group has Revenues: €1.2 bn continued to grow strongly and expand internationally – revenues Nominated for: were up 65% between Growth 2009 and 2011.

Enrique Third-gen Enrique Pescarmona has overseen huge growth Lino Saputo Jr Pescarmona at South American energy R euters business Impsa – revenues Age: 45 Age: 71 increased by 100% between Country: Canada Country: Argentina 2009 and 2011. He’s taken a Company: Saputo Company: Impsa very entrepreneurial approach Position: CEO and Role: President and CEO vice-chairman to running the firm, venturing Revenues: €763.2 mn (11*) Revenues: €5.3 bn (12*) into new markets and sectors. *11 months to 31 December 2011 He’s also strong on succession planning – three of his children Third-generation Lino Saputo Jr appointed non-family member Nominated for: Growth, Corporate work for Impsa and another for replaced his father, Emanuele, Dino Dello Sbarba as president governance the family’s winery. at the helm of the dairy and COO of the group and company in 2004. He’s made was behind the acquisition of his mark pretty rapidly in terms Morningstar, a dairy subsidiary of growth, with revenues rising of US-based company Güler Sabanci 15% in fiscal 2012. Last year, he Dean Foods. Few family business leaders have played Nominated for: Growth, Corporate governance such a crucial role in the economic development of Press A ssociation Press their country than Güler Sabanci, the chairwoman Oliver ScholzMontull of the eponymous Age: 42 Over the last 10 years, conglomerate. Sabanci Country: Germany Scholz Group has made has overseen rapid growth Company: Scholz Group acquisitions in eastern at the family business, Position: CEO Europe and North America, whose operations span Revenues: €5.3 bn (11) such as Almex in Poland and banking, retail and energy, CMA in the US, becoming Age: 57 since she took the job as The fifth generation of one of the industry’s top Nationality: Turkish chairperson in 2004. Most the Scholz family to run players. After a sharp fall Company: Sabanci big foreign businesses the Essingen-based metal in revenues in 2009, the Holding wanting a foothold in recycling company, Oliver company recovered quickly, Position: Chairwoman Revenues: €9.66 bn (11) Turkey’s economy will want Scholz has led the family with turnover jumping more an audience with Sabanci, business through a period of than 120% from 2009 such is her power. strong growth. to 2011. Nominated for: Growth Nominated for: Growth

14 With the support of Winter 2013 CampdenFB.com Top 50 FAMILY BUSINESS LEADERS in alphabetical order

Atul Shah Steve Sheetz Age: 51 Country: US Country: Kenya Company: Sheetz Company: A ssociation Press Nakumatt Position: Chairman Position: Managing director Revenues: €4 bn (11) Revenues: €340.4 mn (12*)

A great example of an entrepreneur, Atul Shah Nominated for: transformed his family’s business Growth, into a retail powerhouse. His succession focus now is on expanding into With almost three decades at the helm of the company, new markets – and getting started by his brother Bob as a dairy store in 1952, Steve the next generation involved Sheetz can take credit for the firm’s steady growth, having in the Kenyan company. overseen the opening of numerous stores across America. Between 2009 and 2011, But Sheetz is also nurturing the next generation – he Shah oversaw impressive recently announced second-gen Stan will succeed him as revenue growth of 49%. chairman, while his other brother Joe will serve as CEO. Nominated for: Sheetz himself will become chairman of the family council. Growth, Entrepreneurship

Luiza Helena Trajano Inácio Rodrigues

Brazil’s breakneck economic growth might be slowing down, but Luiza Helena Trajano Inácio Rodrigues, a frequent adviser to President Dilma Rousseff, isn’t letting that get her down. Indeed, she says her target customers – the lower middle class – are still shopping. And the figures bear that out – sales at Magazine Luiza were up Arunachalam Vellayan Age: 64 15% during the third quarter of Age: 59 Country: Brazil 2012, compared with the same Country: India Company: Magazine Luiza period in 2011. Trajano knows Company: Murugappa Group Position: President the business well having first Position: Executive chairman Revenues: €2.3 bn (11) begun working at Magazine Revenues: €3.1 bn (12*) Nominated for: Luiza aged 12, when it was still growth a small store run by her aunt. Under fourth-gen Arunachalam Vellayan’s watchful eye, She’s grown it into a massive the Murugappa Group has expanded through acquisitions powerhouse – making it one – and revenues grew by 64% between 2009 and 2011. of Brazil’s largest retailers. Revenues grew more than 90% Nominated for: Growth between 2009 and 2011.

15 CampdenFB.com Winter 2013 SPECIAL REPORT Getty Images

Pawan Munjal

Age: 58 Pawan Munjal has turned Hero MotoCorp Country: India into a global company. The family business Company: Hero MotoCorp saw revenues rise 48% between 2009 Position: CEO and managing director and 2011 and is today the world’s biggest Revenues: €3.2 bn (12*) manufacturer of motorcycles. He’s also planning expansion to Africa and Latin America, with assembly plants expected to Nominated for: Growth open in Kenya, Nigeria and Colombia.

16 With the support of Winter 2013 CampdenFB.com Top 50 FAMILY BUSINESS LEADERS in alphabetical order

Manfred Wittenstein Mikkel Vestergaard Age: 70 Second-gen Manfred Wittenstein took Role: President over the family business more than Frandsen Company: Wittenstein 30 years ago. It was originally a small Country: Germany company producing sewing machines but Age: 39 Revenues: €233 mn (12*) Role: CEO as demand waned Wittenstein spotted Company: Vestergaard an opportunity in the fast-growing Frandsen technology sector. He turned the firm Country: Switzerland into an innovative engineering company, making specialised computer drive and Mikkel Vestergaard Frandsen, electro-mechanic products. Wittenstein who describes himself as a focuses intensely on product development “first-generation owner of a and meeting the needs of increasingly third-generation company”, is demanding computer systems. The

doing good business by doing ittenstein A G

W company has notched up some impressive good. Having turned his family’s growth rates, with revenue increasing 70% textile firm into a successful social between fiscal 2010 and fiscal 2012. enterprise, he recently launched a carbon credit initiative, which aims Nominated for: Growth, to bring clean water to millions of Entrepreneurship people in Kenya.

Nominated for: Entrepreneurship Francis Yeoh Age: 58 Role: Managing director A ssociation Press Company: YTL Corporation Country: Malaysia Revenues: €5 bn (12*)

Francis Yeoh joined his father’s construction firm in 1978 and took the helm in 1988. Yeoh’s shrewdness in buying bargains and keeping plenty of cash in the business to make acquisitions is legendary. He has made infrastructure conglomerate YTL one of Malaysia’s largest companies, with revenue growth of more than 125% between 2009 and 2011.

Nominated for: Growth estergaard Frandsen – Georgina Goodwin estergaard V campdenfb.com FOR THE ARCHIVED TOP 50 2011 & 2012

17 CampdenFB.com Winter 2013 Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simonewith Bagel-Trah the Marcelo support Bahia Odebrecht of Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & Jean-François Decaux Axel Dumas Richard Eu Ferruccio Ferragamo Antoine Fiévet Bill Ford Wolfram Freudenberg Adi Godrej Nick Hayek Abigail Johnson Lim Kok Thay William Lauder Nicola Leibinger-Kammüller Isolde & Willi Liebherr Jean Mane Antonio & Emma Marcegaglia José Mas Eliodoro Matte Larraín Liz Mohn Pawan Munjal Hans Georg Näder Rajan Nanda Abdallah Obeikan Enrique Pescarmona Grandhi Mallikarjuna Rao Güler Sabanci Lino Saputo Jr Oliver Scholz Atul Shah Steve Sheetz Luiza Helena Trajano Inácio Rodrigues Arunachalam Vellayan Mikkel Vestergaard Frandsen Manfred Wittenstein Francis Yeoh Saad Abdullah Al-Khorayef Erramon Aboitiz Johan Andresen Gianluigi Aponte Simone Bagel-Trah Marcelo Bahia Odebrecht Anthony Bamford Mauro Gilberto Bellini Alessandro Benetton Jean Burelle Anand Burman Marilyn Carlson Nelson Adriana Cisneros Marie-Christine Coisne-Roquette Tim Cooper Jean-Charles & A family business must have one eye on securing the present and the other on what can When it comes be passed on in the future. to running a Our comprehensive independent family business services can help family business, secure your business today so it there’s more can thrive tomorrow. 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