News Release: A Note from Dave Moffatt, President of Moffatt Products
Hi, this is Dave Moffatt.
We’re at an exciting point in the story of our family business, and I have news for all of you: our wonderful customers and vendors, our employees, and of course, our beloved Watertown community. As a family-owned business, we see how difficult it can be to transition a business from one generation to the next. For the last seven years — ever since Mark Moffatt and Jeff Moffatt decided to return full-time as third-generation family employees, we have sought out best practices for family businesses, from mentors, from the Prairie Family Business Association, and from our employees. We not only want to successfully transition this business from the second generation to the third, but we want to equip the business to thrive, experience growth, and become a great place to work.
The Future of Moffatt Products Going Into Our Third Generation
After growing up while working in our business – as all my kids did – Mark Moffatt has now become our new president and the head of our leadership team. Each member of our leadership team is an experienced professional in the role that they play. I’m excited and deeply satisfied to imagine you customers and vendors working with a company that has three generations of family values — with the ultimate goal of showing you respect throughout the design process. The transition of leadership at Moffatt products will enable more innovative customer design solutions, create a great place to work and ultimately give back to our community.
Many family businesses struggle to make the transition from one generation to the next. That can result in the sale of a company, the loss of employment, and the loss of great services to customers. I believe that the next generation Moffatt Products team has what it takes to succeed. I believe that they are ready to provide even greater value to customers and employees.
I am so proud of all of them.
Read the full article here and watch Dave's personal message.