The Board of Trustees of the Foundation for Family Businesses has elected Dr Ulrich Stoll to the Executive Board. A family business owner himself, he will focus on expanding the foundation’s international activities. “In my view, one of my responsibilities is to strongly position the foundation as a leading expert in the area of family companies, including on the international stage,” Stoll says. The non-profit Foundation for Family Businesses is already the largest promoter of research on family companies.
Stoll has served on the Supervisory Board of Festo AG since 2007, becoming the Board‘s vice-chairman in 2010. Festo is a global leader in supplying automation technology and technical training. Stoll attended the University of St. Gallen, Massachusetts Institute of Technology (MIT) and the Harvard Business School, ultimately earning his doctorate in economics at St. Gallen in 2003. He began his career at MS Management Service AG as a consultant in the area of strategy, risk analysis and issue management. He then left for Boston to join the US biotechnology company Biogen Idec as director of strategic initiatives. There he contributed in particular to the expansion of company’s business in Asia.
On the Executive Board, Stoll joins Prof. Brun-Hagen Hennerkes, Chairman of the Board and the founder of Stiftung Familienunternehmen, as well as Prof. Rainer Kirchdörfer. While he serves on the Executive Board, Stoll will place his trustee membership in abeyance.