Loyola University Chicago

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Family Business Center names new director

Family Business Center names new director

Anne Smart (left) was named director of the Family Business Center. Andrew Keyt (right), the outgoing executive director, joined the Quinlan faculty as a clinical professor in family business. (Photo: Mark Patton)

Anne Smart has been named the director of the Family Business Center at Loyola University Chicago, effective June 1, 2016. For the past six years, she has served as the center’s membership director.

She succeeds Andrew Keyt, who led the center for 18 years. Keyt will remain an integral part of the Family Business Center as a clinical professor in family business within Loyola’s Quinlan School of Business. He leaves the executive director role to focus on working in-depth with families as they set the course for their businesses.

“The Family Business Center is in great hands,” says Kevin Stevens, dean of the Quinlan School of Business. “Given Anne’s many years of close work with member families and her dedication to the success of family businesses, she is a natural successor to Andrew.”

Keyt adds, “Anne is uniquely qualified to take on this new role with her deep and personal understanding of family business and her commitment to the Jesuit ideal. I am excited to work with Anne as a clinical professor and to continue the center’s reputation for thought leadership.”

Center members also voiced their support.

“Anne was and is an integral part of the Taylor Family’s relationship with the Family Business Center,” says Bruce Taylor, vice chairman of MB Financial Bank, N.A., and member of the Family Business Center’s board of advisors. “Her advice and counsel are always on target, as she understands the unique characteristics of our family and individual members’ needs.”

Leadership in family business

This year, the Family Business Center is celebrating 25 years of leadership in family business program development and research for family businesses in the Chicago area and around the country.

Keyt played a key role in the center’s success, including by building Quinlan’s national and international reputation as a leader in family business education and research. In the last 10 years, he led his team to tripled revenues, doubled membership, doubled offerings of the Next Generation Leadership Institute, and the launch of the Family Business Stewardship Institute.

As a clinical professor, Keyt will continue to help guide the Family Business Center’s strategic planning and teach in the Family Business Center’s Learning Institutes. He will also oversee the launch of the center’s newest Learning Institute, the Governance Institute, in Spring 2017.

Smart will build on this momentum as director. She began working with member families in 2009 and subsequently became the membership director. Prior to joining the Family Business Center, Smart served for more than eight years as a career and human resources consultant. Her experience in higher education also includes fundraising leadership roles at Loyola University Chicago and the University of Illinois at Chicago.

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