Foyston | Succession
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Succession

Planning for succession is a critical element of FGP’s strategy to ensure continued delivery of investment management services years into the future. One of the key responsibilities of the Board of Directors and the Executive Committee is managing succession risk.

Succession planning has worked as intended at FGP, which is in its third generation of investment professionals. This success is due to FGP’s consistency of philosophy, process, and style. New individuals who come here quickly learn from other team members how our process works; this process becomes part of the newcomers’ DNA because of its rigour and consistency.

Each key role in the firm has an identified successor(s) with a sufficient differential in age to ensure an orderly transition from one generation to the next. Ownership in the firm is reviewed and allocated with succession a key variable in the review.

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