Dealer Succession

Clint Schnoor

[Webinar] Is an ESOP Right for Your Dealership?

Clint Schnoor is the president of Agri-Service, a 10-store AGCO dealership based in Idaho. In this webinar, Schnoor explains the pros and cons of employee ownership, the cultural and operational changes involved and share solid advice based on his experience going through the change in ownership structure. [To view any of our webinar replays, you must be logged in with a free user account.]
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Special Report: Transitioning to the Next Generation of Dealers

Becoming an Owner

Last July, I purchased 25% of the company from a silent partner in the business. One of Case IH’s conditions is owners with a certain percentage of the company have to sign unlimited guarantees, something he didn’t want to do. He knew at some point this was the plan.
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Scott eisenhauer
Special Report: Transitioning to the Next Generation of Dealers

Jumping in with Both Feet

Barry Pollard — he’s the ‘P’ in P&K Equipment — probably took a big leap of faith when he hired me in 2006 to oversee his 4 John Deere dealerships in Oklahoma. I was 29 years old at the time and he said he wanted to make his stores operate as one organization and to start growing the business. Each store had a manager and operated independently at that time.
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Special Report: Transitioning to the Next Generation of Dealers

Learning to Delegate

When I came on board as general manager in 2006, P&K Equipment had 4 stores. I jumped in and really took over doing a lot of things, being a leader and became very engaged from a tactical standpoint. Looking back, I probably got a little too engaged and it's been tough to let some of that go.
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Clint schnoor
Special Report: Transitioning to the Next Generation of Dealers

Overcoming Skepticism

Prior to coming to Agri-Service, I worked in operations for a very large mortgage banking and real estate company for several years. The founder of Agri-Service, Cleve Buttars, is my father-in-law and we compared notes regularly as his company grew and the company I worked for also grew considerably. We always talked about the opportunity for me to come and work for him. In fact, he recruited me on several occasions and I told him no quite a few times because I was happy with what I was doing.
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