The theme of the January Family Business Consortium seminar was "The Future of Family Business" - focusing on future, in two respects. The event opened with a panel of family business leaders discussing how family businesses can transition to a new generation while maintaining the "DNA" that originate the business's success.
Our second take on the "Future" was an outlook on the financial climate family businesses will face in 2022.
Panelists included:
Dr. Juan José Daboub
President, ThinkHUGE
Dr. Juan José Daboub, Ph.D., is the President of HUGE (Honduras, USA, Guatemala, El Salvador) Business and Investment Council; Chairman and CEO of the Daboub Partnership; and the Founding CEO of the Global Adaptation Institute. Chair of the World Economic Forum’s Global Agenda Council on Climate Change (2012-2014) and Vice-Chairman of The Dorado Group, LLC (2010-2020). He has taught at Princeton University. He is a member of several Boards of Directors and/or Advisory Boards of both public and private industries and non-for-profits in the USA, Europe, the Middle East, and Latin America, including two SPACs and a Fortune 500 company. He held high government positions in El Salvador for 12 years (1992-2004) without belonging to any political party.
Dr. Daboub holds a Bachelor of Science, Master of Science, and a PhD in Industrial Engineering from North Carolina State University. He is married with four children and lives in the USA.
Nicholas Carosi IV
President and Owner, Arban & Carosi, Inc.
Nick Carosi is the president and owner of Arban & Carosi, Inc. located in Woodbridge, Virginia. A&C is a leading and prominent producer of architectural precast concrete (a prefabricated façade element which clads large buildings–mainly office, residential and healthcare buildings). For the past 100-years A&C has produced the finest architectural precast concrete in the Washington Metro area (including the International Monetary Fund HQ, Department of Transportation HQ, and MGM National Hotel – just to name a few) and their work can be seen across mid-Atlantic region and eastern parts of the country.
He graduated from Lehigh University (Bethlehem, PA) with a double engineering major in Civil and Industrial Engineering. Currently, he is President and an active board member of the Architectural Precast Association (APA), and a member of the American Concrete Institute (ACI), National Precast Concrete Association(NPCA), American Builders & Contractor Association (ABC), Washington Building Congress (WBC), & American Institute of Architects (AIA).
Aurora Griffin
Family Business Faculty Fellow, Busch School of Business
Director of Communications, Griffin Living
Aurora Griffin is Director of Communications at Griffin Living. Based in Washington, DC, Aurora is also a professor of communications at The Catholic University of America’s Busch School of Business. She is a published author and professional speaker.
Aurora graduated in the top of her class at Harvard University with a degree in Classics in 2014. She was awarded a Rhodes Scholarship to study Theology at Oxford University, where her thesis was given a distinction in 2016. She served in counterterrorism at the US Department of State on a strategic communications team. She was then hired as the personal speechwriter for the President of Catholic University.
She received her MBA from the Stanford Graduate School of Business in 2020 and is delighted to represent the sixth generation of the Griffin family in real estate.
John F. Reim
Managing Director
Private Wealth Advisor
Senior Portfolio Manager
Family Wealth Director
Morgan Stanley Private Wealth Management
John F. Reim is a Managing Director of Morgan Stanley’s Private Wealth Management division in Washington, D.C. He earned his CPA designation working for Price Waterhouse as a senior staff accountant in Philadelphia in 1986 and earned an MBA in Finance from the University of Pennsylvania’s Wharton School in 1984. John graduated from Penn State with a B.S. and the Honors Program in Accounting in 1979. He is also currently a member of the board of directors of CareFirst BlueCross BlueShield (Baltimore, MD).
John manages more than $1 billion of client assets, and has been regularly listed among top financial advisors in the United States based upon annual rankings published by Barron’s.