EGYTRANS Successful Succession
Khaled Dahawy:
Nermeen Shehata:
Freight and transportation
September 2019
This case discusses and shows the consequential effects of a family-owned corporation experiencing the transition of leadership responsibilities and its potential effects. Exhibiting the successful transition of the Egyptian Transport and Commercial Services Company S A E (EGYTRANS), to a new CEO and chairman in 2015. The forced transition occurred after the sudden death of its CEO/Chairman, who was a family member who held this position for more than fifteen years. The central theme of the case is that effective succession planning results in positive transfer between board members and directors. EGYTRANS was initially established as a family business in 1973. The case demonstrates a successful transfer from a family business, to a corporation that went public through an IPO, while the family is still involved with the company. This case addresses a decision to be taken by the board of directors as a collective group. Case readers could be students studying a family business course, corporate governance (CG) course or postgraduates in a Master of Business Administration (MBA) class or audience of executive education training.
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