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For Family Business Execs, Sometimes Business Must Come Before Family

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Crain’s Detroit: Jodie Kaufman Davis, executive vice president of global insurance firm H.W. Kaufman Group, in a talk with Crain Communications President and CEO KC Crain, said having outside voices to facilitate family conversations helps keep a level of balance within the 54-year-old company.

Kaufman Davis is a part of a third generation, along with her brother Daniel, helping to run the company with their father, Chairman and CEO Alan Jay Kaufman. Their grandfather, Herbert Kaufman, started the company in 1969.

“We have an advisory board. Some of them have been with us (for a long time) and some came on within the last year,” Kaufman Davis said. “They keep us in check. We use outside firms to help us with things, and we keep moving forward.” READ MORE.

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