ISSUE 12 APRIL 2010

Our keynote speakers include:

• John Elkann of the Agnelli family that controls auto-maker Fiat.
• Chris Galvin, third generation of the Galvin family that founded Motorola.
• Admiral William Owens of AEA Investors whose co-founders included the Rockefeller, Mellon, and Harriman family interests.

Below are more details of what you can expect in Chicago 30 September-2 October 2010.

John Elkann

...great speakers and leading experts.

John Elkann, 34, is Chairman of EXOR, the investment company of the Agnelli Family. EXOR is the majority shareholder of the Fiat Group (which owns Fiat cars, Alfa Romeo, Ferrari, Maserati, CNH, Iveco and is part of a global alliance with Chrysler) and also owns investments in companies such as SGS (a world leader in the verification, testing, control and certification business), Cushman & Wakefield (the largest private company operating in commercial real estate services), and Juventus FC (one of the world’s most prestigious professional football clubs).

John will discuss the family business evolution since his great great-grandfather created Fiat in 1899 in Torino, Italy. Unusually for the early 1900s, Giovanni Agnelli decided that the best external managers should run the company while the family holding structure would keep the owners united but allow them to leave whenever they wished. John’s involvement started when Fiat went through a turbulent period in 2003, and he has been taking care of the development of the family interests since then. Rather than relying on past success, the family believes an enterprise needs to be reinvigorated day after day.

The family also has a strong conviction that education is critical to future success and has refocused the Giovanni Agnelli foundation to invest solely in education.

The Galvin Family and Motorola: a commitment to innovation

Chicago was the birthplace of Motorola, founded in 1928 by Paul and Joseph Galvin. The company created the world’s first commercial FM radio, the first car radio and the first commercial cell phone, as well as the Six Sigma quality improvement process that is now used by businesses worldwide.

Chris Galvin, former Chairman and CEO of Motorola, will share the story of how the family made innovation the centerpiece of Motorola (“the only strategy we have is continuous renewal”), how they have created a governance structure for the next 100 years, and how the family has continued to evolve and innovate through its family office since he left Motorola in 2004.

Leading Innovation and Change in a New Flat World

Admiral Bill Owens spent 30 years in the US Navy, becoming the second most senior officer in the US military. He then served as CEO of three companies and a board member of 20 public companies. He is currently Chairman and CEO of AEA Investors Asia.

Admiral Owens has had several different careers and many leadership successes (and a few that were not!). He will share the wealth of experience gained in his global adventure with a focus on how the rise of China and India will affect our thinking on investment and leadership in the years ahead.

Unsung Innovators - Women Leaders

There are more women leaders than we know: unsung heroes in every family, and in every field of endeavour. What makes a woman leader? What makes her similar to, and different from, a male counterpart? From where does she draw her strength? How does she inspire and encourage innovation?

In this panel some exceptional women will explore:

• how they have developed themselves;
• what defines their leadership style, and how they empower others;
• the challenges and difficulties they have faced and what inspires them to persevere and to innovate.

Doing Well by Doing Good

Some of the world’s toughest problems demand an innovative approach to philanthropy. Malaria, poverty and climate change are so large that they cannot be solved by donations alone. A mix of for-profit investments and donations is seen by many experts as a way to fight global problems using entrepreneurial approaches.

• Hear the opinions of philanthropists and entrepreneurs from European and US family businesses.
• Explore how they have aligned their strategies to solve problems in the areas of health and energy.

Family Companies, Non-Family Leaders

We are bringing together a panel of highly experienced non-family CEOs.

Join these people who have “walked the talk” as they explore:

• how families can prepare themselves to engage an outside CEO;
• why skilled executives would want to lead a family company;
• how families can communicate their values and vision to a non-family CEO; and
• how family and business governance can support the CEO.

How Family Businesses Reinvent Themselves in Periods of Uncertainty

This panel discussion will show how — despite today’s challenging environment — family businesses have successfully re-invented their business models, balanced innovation with tradition, and managed the impact on their families.

• Learn how leading family businesses have adapted their growth strategies.
• Consider options for entering new markets such as joint ventures and partnerships.
• Discover how changes to products and service offerings are helping family businesses to match changes in customer needs.

Venezuela - Keeping Hope Alive and Staying Afloat

It is said that innovation is born of necessity. In Venezuela today, innovation has become a part of what’s constantly needed to survive and thrive.

• Hear three Venezuelan family business owners talk about their experiences in the current political, social and economic environment.
• Learn how they respond to hyperinflation and price controls.
• Discover how they deal with family members’ fear and uncertainties about the future - including a Next Generation that wants to diversify outside Venezuela but also loves the country, its traditions and its culture.

More highlights of the 21st FBN International Summit

• New to the FBN International Summit? Attend our ‘meet-and-greet’ sessions with your designated Summit mentor. Learn your way around, and take the chance to network.
• Explore the architecture of Chicago during a river cruise. Then enjoy cocktails and hors d’oeuvres while listening to the story of three generations of the Agra family.
• ‘Lunch-and-learn’: take the opportunity over lunch to engage our table-host family business owners in an intimate and interactive setting.
• Attend inspirational awards ceremonies, including the ‘IMD-Lombard Odier Global Family Business Award’ and the ‘Young Entrepreneurs Honors’.
• Finish the International Summit in style, with dinner at the Art Institute of Chicago.

Remember that the venue for the Summit is the Palmer House Hilton, a Chicago landmark and a beloved family business. It’s right at the heart of Chicago - just steps from Michigan Avenue shopping and fine dining, Millennium Park, Chicago’s Theater District, world-class museums and much more.

Registration for the 21st FBN International Summit is now open at www.fbn-i.org/summit.