The Midwest Manufacturing Leaders (MML) Group Presents…
Manufacturing Companies Passing the Torch: Tips, tools and tricks in business succession planning
Friday September 13th, 2019 7:15 am – 9:00 am
Our Panel
Dan Hauck is Vice President of TSI Holding Company, a St. Louis-based, family-owned and operated investment company. Dan is responsible for business development and deal sourcing efforts as well as advisory on current portfolio holdings.Dan served as President of Tubular Steel, Inc. a leading national distributor and service center of carbon, alloy and stainless steel, pipe, tubing and bar products that was acquired by Reliance Steel & Aluminum (NYSE:RS) in January 2016.
Dan is a member of YPO St. Louis and earned his Bachelor of Science from Indiana University, Bloomington, IN.
Paul Klug enjoys strategizing, structuring and negotiating solutions and closing transactions for clients. Whether starting, growing, capitalizing, financing or exiting a business, clients look to Paul for solutions and guidance. His work generally includes representing middle market, closely-held businesses and their owners and providing a full range of legal services with an emphasis on M&A and transactional work. Paul is a shareholder in the St. Louis office of Polsinelli PC primarily practicing in the firm’s Corporate and Transactional Practice Group. Paul participates in the firm’s Venture Capital and Startup Ventures, Food and Agriculture, Franchise, Manufacturing and Distribution focus practice areas.
Graduating from Wake Forest with a degree in Business Administration, Chris began working at A.G. Edwards (now Wells Fargo Advisors) in 2003 as an Investment Banking Analyst in the Consumer / Industrial Group. Working on a range of projects that included recapitalizations, mergers & acquisitions, debt financings and equity offerings, Chris earned a crash course in corporate strategy and financial modeling.After almost three years at A.G.E., he joined Seyer Industries in 2005 in a marketing role, taking over responsibilities for outside sales. Day-to-day activities included calling on new and existing customers, working with the Estimating Department, and tracking all quote and sales activity. After several years he assumed management of all pre-award activities including sales, marketing, estimating, and pricing. In this role, he was also responsible for developing the annual marketing plan and driving the strategic direction of the company.
From 2008-2010, while working at Seyer Industries, Chris earned his MBA from Washington University in St. Louis as a Woods Leadership Fellow.
Chris was named Vice President of Sales and Marketing in 2014, allowing him to focus most of his time at a strategic level. By this point, his direct reports included Accounting, Purchasing, Sales & Estimating, and Contracts. In 2015, he began working closely with President and COO Mark Matthews, slowly assuming responsibility for the financial management of the company.
In 2017, Chris was named President of the company and in 2018 he assumed the role of Chief Executive Officer.
Chris has been married to his wife Julie for 12 years and they have four boys – Henry, Lou, Charlie, and Max. Chris enjoys playing competitive racquetball, collecting vintage rock ‘n roll concert posters, and going to his hobby farm on the weekends. He also enjoys reading and closely follows financial markets and economics.
Adam Randle is passionate about protecting client assets throughout their lives and preserving those assets for children or other beneficiaries in the future.He counsels individuals and families who are planning ahead or dealing with the loss of a loved one and advises those who wish to provide for small children, as well as those who are preparing to transition wealth or a family business to the next generation.
Adam regularly assists clients who intend to pass businesses down to the next generation by developing trusts, often used in conjunction with limited liability companies or an existing corporation, that allow for the orderly transition of assets with optimal tax savings.
He often prepares the following documents for his clients:
- Wills
- Revocable trusts
- Durable financial powers of attorney
- Health care declarations
- Irrevocable insurance trusts
- Gift trusts
- Premarital agreements
He also has experience implementing more sophisticated estate and gift tax planning techniques such as family limited partnerships, limited liability companies, grantor retained annuity trusts, qualified personal residence trusts, sales to intentionally defective grantor trusts, charitable remainder trusts, and private foundations.
In addition, Adam handles trust reformations, post-death trust and estate administration matters, and preparation of gift tax, estate tax and fiduciary income tax returns.
“I’m quickly able to get to the heart of an issue, using critical reasoning skills and experience to offer potential solutions that optimize individual and business results.”Jami believes people make or break a business. That’s why she places intense focus on understanding each client’s business and/or personal leadership goals and then audits their current skills and processes to help them clearly understand their strengths and root-cause issues that will support or impede their ability to reach those goals. Her varied experience working internally at a large financial firm and external consulting with Accenture and CMA gives her a unique blend of perspectives that helps her provide insights and action plans from her broad experiences across industries, organization size, and organization levels.
Jami’s 19 years of extensive experience across many areas of talent management and development (e.g., organization and leadership assessment, executive coaching, leadership development, succession planning, change management, performance management, organization structure, and culture change) along with her strategic-planning experience help her quickly identify when an individual or organization is not well skilled and/or aligned to achieve the individual’s leadership goals or organization’s strategic plan. Her education in psychology and business knowledge uniquely positions her to work with families that own businesses to help them develop their family relationships and knowledge as business owners. She believes in connecting closely with clients to “meet them where they are” and engages her years of project management experience to create customized and specific action plans to help them achieve their goals.
Jami received a Bachelor of Arts degree with a double major in Business and Psychology from William Woods University and a Master of Science in Industrial/Organizational Psychology from Purdue University. Her Ph.D. in Organizational Psychology is from St. Louis University, where her dissertation addressed transformational leadership and positive organizational outcomes. She holds a Senior Professional in Human Resources certification and is a member of the American Psychological Association, Society for Industrial and Organizational Psychology, Society for Consulting Psychology, and Gateway Industrial/Organizational Psychologists.