In this episode, Katy Wilder Schaaf talks balancing her role as vice chair of the board of directors for her family business, E. Ritter & Company, with her career as a licensed clinical psychologist. She also talks about how the company utilized governance to reengage shareholders after a family rift. Then, Preston Root, fourth-generation steward of Root Glass Co., explains how a family constitution can bring your family together and help to pass its values down through the generations — provided it’s presented in a format with a bit more gravitas than a Word doc. And Katy Kothmann Abraham, president of Construction Cost Management, discusses the unorthodox career path that led her to buy her father's cost estimation company, as well as how she built confidence and credibility despite not having a traditional technical background.
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Family Business/Business Family