On passing on BLACK ENTERPRISE to the next generation
"I had always envisioned BE becoming one of Americaâ€™s enduring institutions. I beamed with pride when I achieved a major milestone in my personal mission, enthusiastically turning over the reins of leadership to the second generation when I named my eldest son, Butch, CEO of our company. My wife, Barbara, and I have been elated and humbled by the fact that our three sons have taken an interest in the business and Butch has chosen to make our lifeâ€™s work his own. I view this seamless transition as a viable model for black business."