James B. Wood

Senior Managing Director

James (Jim) Wood is a transformational business leader with over twenty years of experience as a Board member, Senior Executive and advisor to middle-market family-owned companies with expertise in effective governance, strategic planning, performance management, organizational alignment, and revenue acceleration.

As a Senior Managing Director with HWSC, Jim is one of our practice leaders in the areas of business governance related to the growth and development of multi-generational family enterprise businesses, and active management and oversight of direct investments in operating businesses, particularly those in the food products and agribusiness arena. He is also a member of the board of directors of Costa Farms, the leading grower of indoor and outdoor plants in the USA, a position he has held since 2015.

Prior to joining HWSC, Mr. Wood was Sr. Vice President and Chief Strategy Officer for Clemens Family Corporation (CFC), an $900mm, 4th-generation pork processing business. While at CFC, Mr. Wood developed the strategic vision and led the Corporation’s growth and diversification, acquisitions, sales and marketing, and real estate development. Upon arriving at CFC in 2000, he led a complex turnaround strategy and corporate restructuring of family ownership that resulted in significant profit and performance improvements. This challenging transition of the 3rd generation from “Family Business” to “Business Family” allowed the Clemens family to successfully retain ownership and preserve their wealth into future generations. The shift was considered so progressive among Family Business practitioners that it was subsequently written up as a case study by the Northwestern University’s Kellogg School of Management. In the subsequent 15 years, revenue tripled from $300mm to $900mm, and average annual shareholder returns jumped from 4% to 17%.

While at CFC, Mr. Wood developed and executed a corporate diversification investment strategy, launching a real estate subsidiary focused on development and acquisition of retail and industrial properties which grew from zero to over $90mm in assets. He also led the restructuring of Clemens Food Group’s sales and marketing team, revitalizing a stagnant sales organization from flat to double-digit organic growth in a mature category, generating record-breaking volume and profit growth.

Prior to joining CFC, Mr. Wood was the Director of Entrepreneurial Services for Ernst & Young’s New England consulting practice, where he instituted strategic planning and performance management processes for numerous privately-held middle-market growth companies in the Northeast.

Previously, he was with Inc. Magazine, where he launched and managed Inc.'s Growth Strategy Consulting Group, providing advisory services to its audience of fast-growth companies. Mr. Wood consulted with hundreds of CEO’s in a wide variety of industries on effective growth management and developed best practices for effectively planning and managing growth. During this time he authored the book, “The Next Level, Essential Strategies for Breakthrough Growth.”

Mr. Wood serves on the Board of Directors and Chairman of the Audit Committee at Costa Farms, a $400mm consumer horticulture business in Miami, FL. He previously served as Vice Chairman of the Board of Directors and Chair of the Audit Committee for Third Federal Bank (THRD), a NASDAQ-traded community savings and loan institution in the Philadelphia area.

Mr. Wood earned his MBA from the S.C. Johnson Graduate School of Management at Cornell University, a Master’s of Science from Northeastern University, and a Bachelor’s degree from The State University of New York at Potsdam. He currently resides north of Philadelphia in Bucks County.


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