Last week our country lost a true friend, leader and mentor, Dr. Leon Danco. Considered the nation’s foremost authority on family-owned business and privately-held companies, Dr. Danco was a pioneer in this field. He founded family-business studies and dedicated over 50 years to understanding the unique dynamics, issues and opportunities of family and the family business. He was a speaker, consultant and author of many books on this subject, including Beyond Survival: A guide for the Business Owner and His Family. But, he is most well known for his sage mentorship of families and individuals, instilling in them the importance of a transformative principle: take care of the family business, as well as “the business of the family.” With this counsel, he helped business owners to salvage relationships, create healthy families, and prosperous organizations.
Clay Mathile, former owner of The Iams Company and founder of Aileron, benefitted greatly from Dr. Danco’s wisdom. Clay acknowledges Dr. Danco as one of his most influential mentors, whose expertise and guidance helped Clay navigate his personal journey in the deep and unchartered waters of owning his family business.
About Joni Fedders
Joni Fedders is the president of Aileron, overseeing its strategic direction and operational activities.