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Phil Clemens

Retired Chairman/Family Ambassador
The Clemens Family Corporation.
Mr. Clemens has spent his entire working career with the family business. He began working in the legacy business, Hatfield Quality Meats, on a part time basis while going to school. He began his full-time career in 1967 while attending Peirce College. His career has allowed him to work in all areas of the business. He began on the clean-up crew and worked his way to be the CEO of the Company. In 2015 he retired as Chairman and now serves as a family ambassador to family businesses throughout the US. The Corporation has annual sales in excess of $1 billion, employs over 3,500 team members, and markets products all over the US with a concentration in the northeast part of the US. Mr. Clemens is active in his community and other organizations. He serves on many non-profit boards and several family owned businesses. He is a national speaker on family business issues and has a passion to teach leadership skills to next generations. Mr. Clemens received the American Meat Institute’s Industry Advancement Award, the highest award given in the meat industry; the Knowlton Award for innovation in the meat industry; Meat Industry Hall of Fame; Edward C. Jones Community Service Award; Pride of Peirce for outstand alumni of Peirce College; Pillar of the Community from Harleysville Senior Center; Hall of Fame Executive Award from Elizabethtown College; Excellence in Leadership from the Christian Economic Forum; and honorary doctorates from Lancaster Bible College and Elizabethtown College. Mr. Clemens has been married to Linda for 46 years and has 3 adult children. He also has 7 grandsons.

SESSIONS

Concurrent Panel | Stock Ownership Issues in the Family Business Speaker

This panel session will explore the interaction between the technical aspects of stock ownership and family dynamics issues. Topics include the use of different classes of stock to grant voting control to those who manage the business, the pros and cons of granting stock to non-family executives, the advantages of a formal dividend policy, how a well-drafted shareholder agreement can keep peace in the family, and why all family members should be educated about valuation.