Julius Blum died in 2006, and the family business continued to be run by his sons, Gerhard Blum and Herbert Blum. Today, the company structure is as follows: Gerhard E. Blum (26%), Herbert Blum (26%), and Blum Private Trust (48%). Since 30 June 2019 the third generation has taken the helm of the family-owned company, and Gerhard E. Blum will now focus on the Blum Group Holding. For the newly formed Management Board consisting of Philipp Blum, Martin Blum, Urs Bolter and Gerhard Humpeler and the Corporate Management Group, the key to future success is working together in a close-knit network and consistently building on the strengths and competencies of employees.