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Family business series delivered in partnership with UOB Private Bank
London & Singapore, 4th August 2016 - CNBC, the world's leading business and financial news network, today announced the premiere of a new weekly series, Lasting Legacy.
Each week, Lasting Legacy will take viewers behind the scenes on some of Europe's most successful family businesses, to find out just how family life and company strategy cross over. How does a company decide what is best for the brand, rather than the family? And how do they decide when to hand the reigns down to the next generation?
John Casey, Senior Vice President of News and Programming for CNBC International said, "Lasting Legacy will take a unique look at how Europe's family businesses succeed at succession, speaking with some key historic companies such as German stationery pioneers, Faber-Castell, and Savile Row tailors, Henry Poole & Co. We are excited to bring this new series to CNBC viewers over the coming weeks."
Lasting Legacy will be hosted by CNBC presenter Karen Tso, and brought to CNBC's audiences in partnership with one of Asia's leading financial institutions, UOB Private Bank. The first of the weekly episodes premieres on Thursday, 4th August at 5.30PM SG/HK Time in APAC and 11PM CET in EMEA.
In the first episode of the series, Lasting Legacy features the Illy family of Italy, an 83-year-old coffee powerhouse looking to bring in a new CEO to revitalise their brand. We meet Andrea Illy, Chairman of the Board and third generation of Illys in the business, and niece Daria Illy, who is one of the fourth generations of Illys working in the company. Lasting Legacy will take a look at how the younger generations of the family will respond to having a non-family CEO for the first time.
You can follow updates on the series via on Twitter.
For more information contact:
Communications Executive, CNBC EMEA
+44 (0)20 7653 9363
Communications Manager, CNBC Asia Pacific
D: +65 6326 1123
M: +65 9852 8630
Notes to Editors:
Programme air times:
Thursday, 4 August, 5.30PM
Saturday, 6 August, 7.30PM, 4.30PM, 7.30PM
Sunday, 7 August, 2.30AM, 4.30AM, 6.30AM, 10.30AM, 3.30PM, 8.30PM
Thursday, 4 August 11.00PM
Saturday, 6 August, 3.30AM, 7.30AM, 9,30AM, 4.30PM, 7.30PM, 11.30PM
Sunday, 7 August, 2.30AM, 4.30AM, 6.30AM, 11.30AM, 3.30PM, 6.30PM
CNBC is the leading global broadcaster of live business and financial news and information, reporting directly from the major financial markets around the globe with three regional networks including CNBC in Asia, CNBC in EMEA and CNBC in the US. CNBC.com is the preeminent financial news source on the web, featuring an unprecedented amount of video, real-time market analysis, web-exclusive live video and analytical financial tools. CNBC is dedicated to CEOs, senior corporate executives; the financial services industry and private investors. The channel is available in more than 385 million homes worldwide. CNBC is a division of NBCUniversal.
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