Davidoff, 60, will leave Deloitte after 14 years to serve as the president and CEO of The Fisher Group LLC, which handles the financial affairs of the Max Fisher family, effective Jan. 2, 2020. He succeeds Ira Jaffe, current CEO of Southfield-based law firm Jaffe, Raitt, Heuer & Weiss PC, in the role. Jaffe will remain in various capacities with the Fisher Group, the company said in a press release.

Davidoff said with Deloitte’s mandatory retirement age of 62 approaching, the Fisher Group opportunity was serendipitous.

“This was an opportunity that presented itself and given the importance of the Fisher family to Detroit … (it was a) perfect alignment for what I am passionate about,” Davidoff told Crain’s. “This was an opportunity that only comes once in a career.”

Davidoff will work closely with Doug Stewart, the executive director of the Max M. and Marjorie S. Fisher Foundation, to engage in a larger impact for the foundation and the family’s assets, he said.