Jim Thompson, the billionaire founder of Crown Worldwide, recently shared insights on his daughter Jennifer Harvey taking over as CEO of the global logistics company. Thompson built Crown Worldwide from scratch into a major player in the logistics industry.
Harvey was appointed CEO in 2023, succeeding her father. Thompson discussed the transition in a recent interview with Business Insider, highlighting the balance between family and business. He noted that Harvey has brought a fresh perspective to the company, which operates in over 50 countries.
Crown Worldwide, headquartered in Hong Kong, specializes in relocation, logistics, and storage services. Thompson remains involved as chairman, but emphasized that Harvey is fully in charge of day-to-day operations. The company has grown significantly under her leadership, though specific financial details were not disclosed.
Thompson's reflections underscore the challenges and rewards of passing a family business to the next generation. He expressed confidence in Harvey's ability to steer the company forward, citing her experience and vision.