Frederik Nurnus

Michael Hetzer had been thinking about succession and ownership for a long time. He wanted to make sure his company stayed independent and that his children weren’t burdened by the prospect of taking over the family business. His solution: an interesting foundation-model. The Bio Verlag, publisher of the well-known magazine Schrot & Korn, transitioned to a trust-foundation ownership structure when the founder left with one special feature: the employees select the trustees. The “inclusion of many” or “ability and values family” - learn about different forms of the trust-foundation model on this learning journey.