Creating the Successful Family

Meeting

Jo Anne Allen, Jeni Carriere-LaDuke, Nick Shepard & Debbie S. Brown

Facilitated by: Donna Trammell

Bessemer

Jo Anne Allen

Belvedere Land Co.

Jeni Carriere-LaDuke

Carriere Family Farms

Quick History…

• 1890

Great Grandfather, Albini Carriere arrives from

Canada

Preps land along Sac River for row crops

• Company highlights

• Today

1 Horsepower

20 mule team power

Pictures of Company Overview

Today

• Processing facility

• Orchards

• Rice field

• Olives

Family Assembly 20 Years Ago

Why do we need family meetings?

• Small Family Tree

Carriere Family Tree 2014

Wilfred A. Carriere & Martha Maisonnave

Mildred Carriere & Henry Enos Herbert Carriere & Aileen Ryan Richard Carriere & Nina Allen Donna Enos & August Lohse

Matthew Lohse– Mercedes Lohse

Kimberly Lohse & Tim Fifield- Avery Fifield

Kari Lohse & Randy Colley- Smith Colley, Henry Colley

Peggy EnosStacy Berger & Marlon MarshallMichelle Berger & Ben Marshall

- Nora Marshall

Janet Enos & Clifford PerezKevin PerezJake Perez & Jaime Barclay

- Cole Perez

Michael Perez & Kristin Ochs- Mason Perez

Nick Perez & Jane McCowanGary Enos & Cynthia Montz

Jason Enos & Amber Neves- Katelynn Enos, Cody Enos

Kelli Enos & Garrett French- Josie French, Jackson French,

Jordan French

Jared Enos & Michelle LyonsRick Enos & Corrine St. Louis

Nathan EnosJosh EnosGarret Enos

Steve Enos & Marilyn CiminoAlexander EnosDevon Enos

Bill Carriere & Jennifer HuffStephanie CarriereChristina CarriereSean Carriere

Julie Carriere

Susan Carriere Nicholas AuerZoe AuerJack Auer

Shelley Carriere & Andrew SheridanTrevor SheridanParker Sheridan

Michael Carriere & Jennifer LeeAnn CarriereMartin Carriere

Lisa Carriere Jacob BermanMatthew Berman

Alison Carriere & Matt Doyle Ryan DoyleBrady Doyle

Jennifer Carriere-LaDuke & Sean LaDuke

Two Audiences

– Family Council

• 9 Members

• Quarterly Meetings

– Family Assembly

• 80+ members and counting

• Yearly meetings

• Easter celebration & Golf Tournament

Step One…

• Getting people to come to the meeting

“Incentivizing”

Step 2: Keeping engaged

• Getting them to STAY at the meeting

Importance of a Time Keeper!

Action Plans…

Carriere Family FarmsCorporate Action Plan 2012

Nick Shepard

Menasha Corporation

Menasha Corp Today17

Menasha Packaging—

corrugated packaging

P.O.P. displays, fulfillment

ORBIS—

industrial plastic packaging

automotive, consumer

Bullet points

18

• E.D. Smith purchased a pail factory in 1852

• Incorporated as Menasha Wooden Ware (with major assist from Julia M. Smith’s

father) in 1871

• Rough transition from 4th to 5th generations in the 80s/90s—family and company

struggles

• 5th generation sits on corporate board, etc.

• 6th gen = next gen = Nick

• currently into our 7th(!) generation

Elisha Smith Julia Smith

Smith Family by Generation

19

Where we live

20

Where We Live

Smith Family Council21

22

8 Council members

3-person Executive committee

Members are invited based on

need, interest & availability

Plan family gathering

Coordinate communication

Develop education

2014 Org. Plan

Weekend Agenda

Shareholder meeting

Family reunion

Business education

Governance education

Family networking

23

Meeting Agenda

Formal BusinessElect directors

Appoint auditor

Informal UpdatesChairman’s report

President & CEO’s report

CFO’s report

Reports from operating companies

Q & A

LunchTime for family to interact with managers

Guest speaker on family business

24

Early get togethers

Early 90s–early 00s

Informal BBQ in Neenah over Memorial Day Weekend

Shareholder meeting on Monday

No education or formal invitation

25

26

Naughts

Neenah, local resorts

Friday–Monday

Consultants re: governance

Family assembly

Shareholder meeting on Monday

Family members pay their own way

27

Recent developments

Emphasis on quality of communication and collateral

materials led to better response

Chicago

Company funds shareholder meeting and some events

Emphasis on socializing/team building

Shorter event (Meeting on Saturday)

28

Planning TimelineFall: settle on date & location

reserve blocks & meeting rooms

start to map out theme & general schedule

First quarter: finalize outside speakers

start to make catering arrangements

May: Publish newsletter (announce theme)

finalize catering, rooms, coordinate with Menasha

June: final emails & coordination

29

Early task

list for 2015

30

Task Name Leader Due Comments

Venue Anne

Location

Research

OptionsJune

At family

meeting

Present Options

to FCMarch At F2F

Present options

to MC BoardMarch

At Board

Meeting

Present Options

for following

year to family

JuneAt Family

Gathering

Hotel

Present options

to MC BoardAugust Board Meeting

Room block

follow upApril

45 rooms on

Friday and Sat

nights

Communication

sNick

Newsletters Nick

Fall with Hotel

block updateNovember

Spring with

Logistics

Survey

April

Website for

Family MeetingNick April

Emails Nick

Invitation

Confirmation of

details

Final Schedule

Logistics

SurveyCharlie

First Draft to

CouncilMarch

Implement April

Prepare

Summary of

responses

May

Follow up May

Handouts

Schedule

Contact Us

Locations

Bios

Location

Friday:

Folders at desk

for Hotel check-

in

Saturday:

set up next to

Shareholder

sign-in

Supplies

Name badges June

Send to leslie

for printing one

week prior,

arrange for

early transport

to venue

Folders June

Send to leslie

for copying &

colating one

week prior,

arrange for

early transport

to venue

Pens

SWAG

Tours and

Events

Friday

Afternoon Tour

Location:

Tour specifics

Transportation

Friday Night

Event

Location:

Specifics

Make

reservation

U16 Saturday

Morning -

Option to

Shareholder

Meeting

Determine ages

and number of

kids

Daycare

Activity Ideas

Saturday

Afternoon

Activity Ideas

Team Building

Charity Event

Other

Next Gen

Saturday Night

Event

Location

Activity

U16 Sunday

Morning -

31

32

Future Goals

Meeting evaluation

Capitalize on energy from new locations, while

revisiting fox valley

Attract traditionally absent families

Lessen financial burden on family

36

Debbie S. Brown

Laird Norton Company

The Laird Norton Family

Coeur d’Alene, Idaho

Financial Services Next Generation Investments Real Estate

Our StructureBoard of Directors

CEO

Council Committees:

Communications Family Governance Next Gen Summit Selection

Board Chairman

Family President

Audit

Compensation

Governance

Nominating

Board Committees:

Family & Business Governance

Family Council

Our Annual Summit

Family Reunion & Business Meetingo Same time; Different place

o 300 plus/minus; 126 & growing

o Sprouts, spouses & staff included

Families That Work & Play Together, Stay Togethero Report - Investments & business activities

o Promote – Responsible ownership & involvement

o Maintain - Family connections & relationships

Problem-solve

Cousins Connecting

All-Family Outings

Next Gen Program“Loud Norton” Theme Nights

CommunityService

Family Olympics

Camp Three Tree

Fun Field Trips

Family Heritage

Early Connections

Overnights & Campfires

Teen Program

Special Outings

Field Trips

Bonding Activities Educational Programs

Business Matters

Investment Reports

Recognition & Awards

Open Board Sessions

Family Forums

Focus Groups

Making Meetings Happen

Dollars and Senseo Board sets budget; Company covers cost

o Attendance voluntary; Participation required

Shared Responsibilityo Many hands makes heavy work light

Recipe for Successo 1 Part Business, 2 Parts Family & 3 Parts Fun FUN

Promoting Family Meetings

Location, Location,

Location

Rally the Tribe

• Advertise the amenities

• Recruit the kids

• Sell them sizzle

Meaningful Involvement

• Roles & Responsibilities

• Recognition & Rewards

Annual Insurance Premiumo Family Relationships – Business Purpose – Trust

Make Family the Legacyo Continued continuity the goal

Investing For the Future

TABLE DISCUSSION

• Describe your family meetings.

• What elements of the family meeting do

you want to add or improve?

Bob Rock &

Dan Hatzenbuehler

Transitions 2014

Take Away Value

TRANSITIONS EAST 2015

March 25th – 27th, 2015

Tampa Bay Grand Hyatt