Bloomberg Article on Succession with 2019 KCFE Leadership Award Family Lee Kum KeeSeptember 2019
From Bloomberg article - A $15 Billion Oyster Sauce Family Plots to Survive 1,000 Years:
Family leaders, who sit atop a fortune of about $15 billion, are now adapting their governance system to appeal to a younger generation of 14 scions that has shown some signs of waning interest. Recent initiatives include turning business units such as the group's venture capital arm into a training ground and taking family members on "innovation trips" to places like Silicon Valley and Israel. The lofty goal: keep the business thriving for 1,000 years.Click here to read the full article on the Bloomberg website.