Is Mott still a family foundation today?
If you count the bodies, we currently have 13 board members, out of which five are family members, including myself. So from that angle, you would say we are a family foundation. Given the nature of our foundation, I think it’s important for the family to be involved but there is no requirement for family members to be on the board. In the way we operate, in the way we think, though, we regard ourselves as an independent foundation. But if you wish for diversity on the board of a foundation, sometimes it’s difficult to get the total diversity you’d like among one family, in terms of thinking, geography, race, etc. We wouldn’t be the foundation we are today if it were not for the outside board members. Has the foundation instituted a process to shape another leader to emerge internally? You sound like you’re a board member of mine at the December annual review. One of the reasons we’ve expanded the board recently is the issue of succession it begins with the board. However, I believe th
