Word: dunfeys
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...spirited executive meetings, few companies can match New England's innkeeping Dunfey group. Twice a month in a second-floor room of Lamie's Tavern, the only place in Hampton, N.H. with a liquor license, gathers the company's top management team: Board Chairman Catherine Dunfey, 73, and Sons John, 44, president of the family firm, Gerald, 32, Walter, 36, Robert, 40, and William, 42. With a portfolio of some 30 subsidiaries in such varied fields as real estate, insurance, and turkey farming to consider, the agenda often runs right through lunch, dinner and a midnight snack...
...time the meetings have run their course, most of the family's decisions are unanimous. And, says Vice President Bob Dunfey, "When there have been mistakes, no one says 'I told you so.' " One reason may be that there have been few mistakes. Since they acquired Lamie's Tavern, their first acquisition, in 1954, Ma Dunfey and her boys have increased sales from $500,000 to $10 million. Along the way, they have spread a string of nine motor inns and hotels through five New England states, grown from a mom-and-sons outfit...