Russell Faldik  

Russell Faldik  

Russell Faldik  

Speaker | Leonard Holding Company

San Antonio, TX | rfaldik@leonardhc.com

Russell joined Leonard Holding Company as CFO in May of 2007. Leonard Holding is a privately owned 3rd generation company that owns and operates business interests in and around the state of Texas. Russell also served as president of the recently sold company New Earth Soils & Compost. New Earth recycles organic waste materials at each of its plants in the San Antonio and Houston markets. New Earth produces bulk and bagged products of primarily garden soils, planting mixes, and mulches.

Born and raised in San Antonio, Russell attended Texas Tech University graduating in May of 1995 with a BBA in Accounting. In 1996, while working at EY, Russell achieved his CPA designation. Russell relaxes by spending time with his wife Melissa and two girls, Aria Elizabeth (24) and Sophia (17). He loves to serve at church, play golf, and exercise.

Session Code: 3A

Track: Business

Session Name: Selling Your Business

Session Time: Tuesday, January 25, 4:15 PM to 5:45 PM

Presentation Title: Business track

Presentation Description: New Earth was grown as a family owned business from 1999-2021 when the Leonard family decided it was time to sell to strategic acquirer Denali Water Solutions. New Earth was not necessarily looking to sell, but when the right partner came along the family decided to let it go. Selling a company can be highly emotional. Negotiations and due diligence can take a toll on you and your team. The hope is discussing our experience can help you if you are considering a sale now or in the future.