Lin Rice| Columbus CEOGoing into business with one’s family can be a daunting proposal. Staying in business with one’s family is even trickier—while more than 30 percent of family-owned businesses successfully transition into the second generation, barely more than one in 10 family businesses remain viable into the third generation, according to the Family Business Alliance.But for the Grotes, founders of Central Ohio mainstay Donatos Pizza, practicing what they call “agape capitalism” has been an integral part of the family’s success. It’s one reason they were able to usher their third generation into a leadership role over the holidays.Tony Capuano, son of Donatos Executive Chairwoman Jane Grote Abell and grandson of founder Jim Grote, joined the company as its executive director of innovation in December. In that role, Capuano will serve as a liaison, working to help incorporate innovations the company identifies into its traditional operations, says Donatos CEO Tom Krouse.Stay up t...
