Reborn in Hong Kong as a Tycoon

Chapter 130 Stabilizing the Management
"Mr. Lin, you are the largest shareholder of the company and will also be the chairman of the board of directors. Of course we will support you and work under your leadership."

Xia Boyin was the first to voice his support. He knew what Wei Li and Richard Xin thought. He hoped that Lin Baicheng, the major shareholder, could only assume the responsibilities of the major shareholder like HSBC, and not at all or less involved in the company's affairs. Leave the company to them.

In general, I am not willing to be an executor of decision-making, but want to be a decision-maker and lead the company to grow.

But Xia Boyin is different from them. He is in charge of the business and has excellent abilities. The change of the company's controller has little effect on him. As long as he works hard as always, the possibility of being fired is not high.

But in the case of no influence, he can get stock incentives and make more money. Of course, Xia Boyin has to make a choice that is beneficial to him.

"I believe that under Mr. Lin's decision, the company will develop better and better."

Wei Peter also said afterwards that his thinking was similar to that of Xia Boyin, and he could not refuse more income.

"Mr. Lin, I will notify the meeting of the board of directors as soon as possible, and support your proposal on the board of directors, and at the same time lead the management to implement your development plan for the company."

Without waiting for others to agree, Wei Li immediately said that he knew that the general situation was over, and other managements would not struggle with a higher salary, which he, the president, could not give.

A similar incentive plan, as the vice chairman of the board of directors and the president of the company, can of course be mentioned, but it is for the benefit of himself and other management. If you make a lot of money, it is possible to pass.

Although the company's management occupies the majority of the board of directors, Wei Li is very clear that Chen Xinghan represents the interests of HSBC, and Wei Peter represents the interests of the Qi Dezun family. If the two major shareholders disagree, the relevant plan cannot be passed. of.In addition, the chairman of the board of directors has a veto power. Even if the management is on the same front, the chairman of the board of directors can veto the plan with one vote.

It is different if Lin Baicheng proposes such a plan. After the board of directors is held and Lin Baicheng is elected as the chairman of the board of directors, and then get the support of the management, then this incentive plan will be 100% approved, and it is useless for other directors to object.

Wei Li said so, and of course other managements expressed their support, saying that they would do their jobs well in the future under Lin Baicheng's decision.

"Then I would like to thank you for your support here. I believe that Hutchison Whampoa will develop better with our concerted efforts. It is not a dream to develop the company to a market value of 50 billion or 100 billion in the future."

In order to stabilize the management of Hutchison Whampoa and let the management of Hutchison Whampoa cooperate with him to manage the company well, Lin Baicheng paid a considerable price. After all, he is the company's largest shareholder.But he has the support of the management. The company has just changed ownership and the management remains intact, so there will be no chaos in the company, which will affect the company's development.

As long as the management is stabilized and the company is not in chaos, then Lin Baicheng's efforts are worthwhile.

Afterwards, Lin Baicheng let Wei Li and other five managers with seats on the board of directors stay, and the others returned to their posts to work.

Looking at the five people, Lin Baicheng said: "Several, I definitely don't know much about the company Hutchison Whampoa, so I can't even talk about the development plan for this company. Therefore, I will let my assistant Cheng Yufeng has launched a detailed investigation on the company these days, and I hope you will cooperate with him to make a detailed explanation of the company's information, so that I can understand the company more intuitively after reading it."

As he said that, Lin Baicheng looked at Wei Li and said, "President Wei Li, regarding your development plan for Hutchison Whampoa, you can also submit a copy for me to see."

"Okay, Mr. Lin."

Wei Li nodded in response. He knew that Lin Baicheng meant an assessment. Once his plan failed to satisfy Lin Baicheng, his position as president would be in danger.

Nodding his head, Lin Baicheng continued: "In the short term, apart from the general direction of the company's development, I will not intervene too much. At most, I will arrange financial personnel to enter the company. I will give full attention to all management including you. Conduct an assessment, as long as everyone works hard and does not harm the company's interests, then I will not change people at will. On the contrary, if someone's ability or work attitude makes me dissatisfied, then I can only say sorry and ask him left."

It is true that Lin Baicheng wants to stabilize the management of Hutchison Whampoa, but this does not mean that he has to accommodate some people. The departure of some people will not affect the operation of the company.

Wei Li and the others understood this truth, so they all nodded to express their understanding.

Finally, Lin Baicheng said to Cheng Yufeng: "Yufeng, you must complete the research seriously, I want detailed information."

"Mr. Lin, don't worry. With the cooperation of President Wei Li and the others, I will definitely give you the most detailed information." Cheng Yufeng nodded in response.

Lin Baicheng nodded and said: "Arranging financial personnel to enter the company, this matter is also entrusted to you."

Because he did not have a deep understanding of Hutchison Whampoa, and the board of directors had not yet been held, Lin Baicheng was not yet the chairman of the board of Hutchison Whampoa, so he did not give any more orders, but left Hutchison Whampoa first, Cheng Yufeng and others is to stay.

Wei Li and the others were very cooperative. They knew that they were just high-level wage earners. Unless all the management united together, they could still fight for a while. Kicked out of the company, there is no other possibility.

Although it is a pity to lose the decision-making power of Hutchison Whampoa, but fortunately, there is no consolation, that is, the income will increase a lot in the future, which can be regarded as the greatest fortune in misfortune.

In the evening paper that day, after Lin Baicheng did not spend money to find newspapers to report that he was not optimistic about him, most of the newspaper reports were on the topic of the rise of Chinese capital to acquire foreign banks, speculation on Lin Baicheng's net worth, and praise of him, etc.

Lin Baicheng's rise in just one year, and now he has obtained control of Hutchison Whampoa, is considered a legend by many people, so it is very normal to tout him.

Before Lin Baicheng failed, he was a "genius" and a "legend" in people's eyes, and he was a learning object for the younger generation. People have a high degree of recognition of him, which is actually a kind of influence.

Of course, Lin Baicheng knew about the praise from the outside world, since he bought Asia TV.Lin Baicheng was a little embarrassed at first, but he was mostly happy in his heart. Later, he was also upset when he saw some critical and mocking reports, but now he is unmoved by the outside reports.

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(End of this chapter)