“Maybe we should just sell this thing,” Connor lamented to his brother Liam as they departed the spring owner meeting of their family’s heavy-equipment business. For the fifth quarterly meeting in a row, discussions with their siblings, Dan and Matt, about refreshing their independent board members had ended in a stalemate. “How can we ever resolve this impasse if we’re not speaking outside of the meeting?”
When Your Family Business Has a Conflict Over Governance
