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Eric Allyn Discusses Entering The Family Business

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  • Date Added : 4/15/2011
  • Clip Duration : 0 min. 42 sec.

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Eric Allyn

  • Owner, Welch Allyn
  • male
  • Caucasian
  • 1964 (Age: 60 years old)
  • Eric Allyn - Entrepreneurship at Cornell Celebration 2011 Panel - Family Business: The Generational Curse
  • Video 1 of 6 in this Case
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Biography

Eric Allyn is one of the owners of Welch Allyn, Inc, a company founded in 1915 when Allyn's great-grandfather invented the ophthalmoscope.

Today, Welch Allyn is a 100% family-owned company,employing some 2,800 people worldwide. Welch Allyn is a recognized leader in Medical devices, producing instruments ranging from blood pressure gauges and stethoscopes to wireless cardiac monitoring equipment.

Allyn began his career at Welch Allyn in 1982, and worked in a variety of functions through the company, including US and international sales, marketing, business development, product management and executive management. He spent more than five years abroad running various businesses, with responsibilities in both Europe and Asia. He now serves on Welch Allyn's board of directors, and is chairman of the company's voting trust. He chairs the investment committee at the Allyn Foundation, serves on the board of the Gifford Foundation, is chairman of the board of Auburn Memorial Hospital, and is a board member of the Hospital Trustees of New York State. In addition, Allyn is the managing partner of several private investment funds. He is a former board member of Hand Held Products, Inc. (eventually sold to Honeywell) and Everest-VIT (eventually sold to GE).

Allyn attended Dartmouth College, and earned an MBA from University of Virginia. He lives in Skaneateles with his wife Meg O'Connell and their three daughters.

In my case, in my generation, there are eleven of us, most of us were encouraged to go out and do our own thing. I also was kind of groomed by my father and my uncle to go into the business. I always wanted to. I was a factory brat. My earliest memories are polishing fiber optic bundles, which i...(Full transcript available to logged in subscribers.).

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Eric Allyn videos

Video 1 of 6 Eric Allyn Discusses Background
  • Eric Allyn - Entrepreneurship at Cornell Celebration 2011 Panel - Family Business: The Generational Curse
  • 4/15/2011
  • Eric Allyn
  • 0 min. 45 sec.
Video 2 of 6 Eric Allyn Discusses Entering The Family Business
  • Eric Allyn - Entrepreneurship at Cornell Celebration 2011 Panel - Family Business: The Generational Curse
  • 4/15/2011
  • Eric Allyn
  • 0 min. 42 sec.
Video 3 of 6 Eric Allyn Discusses Intricacies Of Family Business Governance
  • Eric Allyn - Entrepreneurship at Cornell Celebration 2011 Panel - Family Business: The Generational Curse
  • 4/15/2011
  • Eric Allyn
  • 5 min. 0 sec.
Video 4 of 6 Eric Allyn Discusses Estate Planning Within Family Business
  • Eric Allyn - Entrepreneurship at Cornell Celebration 2011 Panel - Family Business: The Generational Curse
  • 4/15/2011
  • Eric Allyn
  • 2 min. 6 sec.
Video 5 of 6 Eric Allyn Explains Multigenerational Governance
  • Eric Allyn - Entrepreneurship at Cornell Celebration 2011 Panel - Family Business: The Generational Curse
  • 4/15/2011
  • Eric Allyn
  • 3 min. 22 sec.
Video 6 of 6 Eric Allyn Shares Purpose Of Family Meetings
  • Eric Allyn - Entrepreneurship at Cornell Celebration 2011 Panel - Family Business: The Generational Curse
  • 4/15/2011
  • Eric Allyn
  • 1 min. 12 sec.

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