Latest / Family Business Stories with Fexingo: Succession, Legacy, and Multi-Generational Companies
How The Simplot Family Built a Potato Empire
Episode 206 dives into the remarkable story of J. R. Simplot and his family’s multi-generational empire built on potatoes, frozen foods, and strategic diversification. Unlike many family businesses that rely on a single core product or rigid governance structures, Simplot Company has thrived by balancing deep roots in agriculture with bold moves into defense contracting, real estate, and international markets. We explore how the second and third generations navigated succession without fracturing control, the role of the family trust in preserving wealth across decades, and why their decision…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.