SPEAKER

Matthew Fleming, G5 of the Fleming Family

What Comes After the Sale of the Operating Business? Leadership and the Importance of Purpose: What We Did Wrong and Lessons Learned

What comes after the sale: An operating business can be a unifying factor for a family. As long as the business is owned, the family has a shared purpose. But what happens when the operating business is sold? Is there any reason for a family to stay together? Matthew will share the experiences of his family upon the sale of their interest in Robert Fleming, the London based merchant bank. Once the family business was sold, the challenges of mere liquid wealth became apparent.

Lessons Learned: One mistake made by the post-sale leadership was too much emphasis on financial structuring and returns, which caused enormous pressure for the family. Matthew will share the lessons he and his family learned about leadership, values, and the importance of finding a new shared purpose for the family.

More About Matthew

Matthew Fleming is a G5 of the "James Bond" family that also used to hold a stake in London based Robert Fleming (which owned 50% of Jardine Fleming, the Hong Kong based merchant bank, and a JV with US based T Rowe Price called Row Price Fleming). A former army officer, Matthew joined the family firm in 2012 after thirteen years as a professional cricketer, where he also played for England. Matthew has held various positions within the family business, including Managing Partner of Fleming Media and Director of Ian Fleming Publications and James Bond Enterprises. He currently also serves as the Head of Family Governance and Succession at Stonehage Fleming and is responsible for helping families develop and implement plans for passing on their legacy to subsequent generations.

Event Details

Thursday, January 28, 2021 (11:00 am)

How to Register

Registration is closed for this event.