Business Succession: When the Daughter Takes Over the CEO Position
Two daughters take over family businesses amid a male-dominated industry as their parents retire.
As the baby boomer generation transitions into retirement, many family businesses are experiencing a shift in leadership, often led by daughters. Isabelle Himbert, CEO of Arno Arnold GmbH, shares her experience of surprising clients who expect to see 'the gentlemen' in charge rather than a young woman. She highlights the sexism still prevalent in the manufacturing industry, which she underestimated before taking over the family business in 2019. Her journey reflects the challenges women face in leadership positions traditionally dominated by men.
Similarly, Lea Baumbach, CEO of Rudolf Baumbach GmbH, describes her own sense of naivety when stepping into her grandfather's shoes. The weight of responsibility that comes with running a family business is profound, yet both women underscore the importance of resilience and determination in navigating these challenges. Their stories illustrate not only personal growth but also a broader cultural shift in Germany regarding gender roles in business leadership.
The narratives of Himbert and Baumbach resonate with many in Germany as industries grappling with gender equality become increasingly critical. The business landscape is slowly changing, with more daughters taking on leadership roles, challenging traditional norms, and paving the way for future generations of women in business. Their experiences serve as an inspiration for other young women aiming to break barriers in male-dominated fields.