October 19, 2016

8:00-10:30 a.m.

The Detroit Athletic Club

Featured speaker -- Vesco Oil


Vesco Oil:  Analytics vs. Intuition:  Decision-Making in the Family Business Context (Marjory Epstein and Lilly Epstein Stotland).  Selected businesses in attendance:  American Jewelry and Loan, Edmund T. Ahee Jewelry, Guernsey Farms Dairy, Hunry Howie's, Midwest Steel, Randy Wise Automotive, Vesco Oil, WW Group.


Senior Generation and Next Gen break-out discussions:  "What do we need from the other generation?"

Marjory Epstein

Marjory Winkelman Epstein is Vice President and Chairman of the Board of Vesco Oil Corporation. An attorney who practiced law for many years in the tri-county area prior to joining Vesco Oil, Mrs. Epstein and her husband Donald Epstein (President and CEO) became involved in the business in 1995.  Vesco Oil was co-founded in 1947 by Donald's late father Eugene Epstein.  Vesco Oil, with more than 200 employees, is one of the largest distributors of automotive and industrial lubricants and supporting services in the country.  

Lilly Epstein Stotland

Lilly Epstein Stotland is a co-owner and General Manager of Business Development for Vesco Oil.  A graduate of Harvard University and the Ross School of Business at the University of Michigan, Mrs. Stotland started her career as a financial analyst at Goldman Sachs.  She joined the family business in 2004.  For the past decade Lilly has spearheaded strategy to grow Vesco Oil through acquisitions and expanding distribution rights with key suppliers.  As a result, Vesco now operates in four Midwest states and continues to grow.  A proud third-generation family leader, Lilly is committed to helping Vesco Oil continue as a family-owned business for future generations. Lilly was recognized by dbusiness Magazine as “30 in Their 30s” in 2011, and was a honored by Crain’s Detroit Business as “40 Under 40” in 2015.   

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