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Paul Karofsky
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Profile Information

Professional Services
Occupation relative to family business
Family Business Member, Family Business Advisor, Educator/Researcher
Area of Expertise
Behavioral Science, Management
With what family business organizations are you affiliated (e.g., FFI, FBN, IFERA, FERC, CAFE, IFB)?
Please share a little about yourself and your business.
Paul Karofsky, Founder/CEO and Father, Transition Consulting Group
Paul Karofsky is a graduate of Bowdoin College and Harvard Business School’s OPM Program. After 22 years, mostly as third generation CEO in his family’s distribution business, he sold the company and earned his Ed.M. from Harvard University focused on the psychosocial lives of families and intergenerational relationships. He is Executive Director Emeritus of Northeastern University’s Center for Family Business where he facilitates the Center’s Leadership Development Forum. Paul is a member of the Board of Directors of the Family Firm Institute and holds a Certificate in Family Business Advising with Fellow Status. He is a recipient of the Institute’s Hollander Award and a member of the faculty of FFI’s Certificate Program. Also trained as a mediator, Paul was a peer reviewer for Harvard University Press, a monthly columnist for BusinessWeek Online and Case Study Editor of Nation’s Business and Families in Business. Married for forty-three years, he and his wife have two children and four grandchildren. He serves, internationally, as a consultant to families, businesses and educational institutions. Please go to to learn more.

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