Back at the shareholders’ meeting, the room was still buzzing with shock from Mr. Peter’s announcement. Faye stood beside him, calm and steady. The crowd did not know what to think.

One of the men spoke loudly, “You are handing over management to your granddaughter? But she has never worked at our company. That is too much.”

Faye raised her hand. “May I have the floor?” she asked.

The microphone was passed to her. She held it close and looked at every face in the room.

“Everyone,” she began, “why do you assume that as family and as a large shareholder, I would take part in management? I saw with...