Future Leaders: Nurturing Success through Strategic Succession Planning

Traveling during the winter can be difficult, especially in the U.P. This is why our first quarterly event of 2024 will be virtual. Please join us on Zoom on the morning of Wednesday, February 14, 2024 for our presentation on "Future Leaders: Nurturing Success through Strategic Succession Planning." Get a free copy of Resigned to Success: "Using an Exist Plan to Build Hope, Energy, and Success in a Business" by being one of the first 30 individuals to register for this event! Books will be dropped off at address given during registration. Agenda: 09:50 AM - 10:00 AM | Registration/Welcome 10:00 AM - 11:30 AM | Succession Planning: Techniques and Legal Considerations 11:30 AM - 12:00 PM | Resigned to Success: Using an Exit Plan to Build Hope, Energy, and Success in a Business Session Information: Employee Succession Planning: Techniques and Legal Considerations by Laura Katers-Reilly The departure of any key employee can disrupt business, not only those in executive positions. Succession planning is where an organization’s needs and the employee’s interests converge. What can be done legally to motivate key employees to stay long enough to train others and give plenty of notice before leaving? Can legal documents require key employees to stay through changes in leadership or corporate restructuring? How can we avoid triggering discrimination laws while transitioning roles? Attorney Laura Katers Reilly of Kendricks Bordeau, P.C., Marquette, will cover common techniques used in succession planning for key employees and the legal considerations involved. Resigned to Success: Using an Exit Plan to Build Hope, Energy, and Success in a Business by Scott White We will cover succession planning and its importance in organizational development, benefits of effective succession planning for both individuals and the organization, and identify critical roles within the organization that require succession planning. About the Speakers: Laura Katers-Reilly | Attorney at Law at Kendricks, Bordeau, Keefe, Seavoy & Larsen, PC Laura is a Marquette native. She received her undergraduate degree from the University of Michigan and her law degree from the University of Wisconsin Law School where she served as editor-in-chief of the Wisconsin Law Review. Laura maintains her Wisconsin licensure as a member of the State Bar of Wisconsin. Laura serves as a management representative on the board of the U.P. Labor-Management Council and is active in other local and civic organizations. She has also been named as a "Rising Star" in Michigan Super Lawyers. She has a general practice with an emphasis on management-side labor and employment law, business law, real estate, and estate planning. Scott White | Author Scott is a 1981 graduate of Northern Michigan University in Marquette Michigan, with a bachelor’s degree in Education. His first job was as a teacher and coach in Itasca Texas. He retuned home to Marquette where he spent a few years in the banking industry. He began his career at VAST in 1988, starting in sales in personal insurance, but eventually found his niche with professional medical malpractice and commercial insurance. He served as the Sales Leader for many years. VAST became an Acrisure Partner in 2016. After almost 34 years, Scott retired as CEO of the agency in May of 2022. Over the years Scott has served on numerous sate and national industry advisory councils including; Accident Fund Insurance Company, Lake States Insurance Company, Harleysville Insurance Company, Citizens, and ProAssurance. He also served on the Acrisure Advisory Council. He is a past board member for the Small Business Administration of Michigan [SBAM], and past chair for the Michigan Association of Independent Agents [MAIA] Company Relations Committee. With Scott’s leadership, VAST [then Hetrick & Associates] was voted Rough Notes Marketing Agency of the Month in August 2006. That same year, VAST was named Rough Notes Marketing Agency of the Year. As a result of the strong “Blue Culture” he built at the agency, VAST has been listed as a Top Insurance Workplace by Insurance Business America and Business Insurance’s Best Place to Work in Insurance list for multiple years. Scott was the recipient of the Agent of the Year award from PICOM & ProNational [now known as ProAssurance] in 1992 and 2000, respectfully. He has been featured in various industry publications, including Rough Notes Magazine, Independent Agent Magazine, Auto Owners Insurance Company’s ‘The Emblem’, and MAIA. Scott was inducted into the Michigan Insurance Hall of Fame in 2021. He became the second recipient to ever receive the Lifetime Achievement Award from ProAssurance in that same year. Most recently, Scott was honored by Marquette Area Public Schools when he earned a spot on the A. Felch Pendill Wall of Fame. In 2023 he co-authored “Resigned To Success” with his great friend, Business Coach and Mentor Larry G. Linne - CExP™. Scott has taken part as a guest speaker in numerous industry events throughout the US and Canada Scott is a native of Marquette, Michigan. He and his wife Jill have two daughters. He enjoys golfing, traveling, and spending time with his grandchildren. https://uphra.org/event-5530358