Wall Street Legend

  Chapter 246 Dread

  The directors don’t have to stay in the company for a long time, and can occasionally supervise and manage the company through conference calls. When Ye Dongqing came to Apple, these independent directors were not present.

The so-called "independent directors" refer to directors who are independent from the company's shareholders and do not hold positions in the company, and have no important or professional connections with the company or company managers, and make independent judgments on company affairs. Yu Ye Dongqing, the major shareholder, used to be able to get along peacefully, but this time, in his opinion, the group of independent directors who took both money and equity rewards, but opposed him, had crossed the line. Very upset.

It is true that these members of Apple's board of directors have relatively strong professional capabilities, at least in other business fields. Among them are Disney executives and Boeing executives, but when it comes to specific capabilities, they are actually so The thing is, otherwise, before Ye Dongqing stepped in to intervene, Apple's performance would not have been so dismal, and the market share would have dropped again and again.

If this incident hadn't happened, Ye Dongqing might have given those people a smile if he had successfully completed the transfer of power at the highest level according to his wishes, but this time, for some unknown reason, several independent directors joined hands Confronting him is unbearable. There are still many major decisions to be made by the board of directors in the future. He doesn't want to be stabbed in the back at any critical moment. This is not in his interest, and it will be embarrassing.

  If the shareholding exceeds 35%, they will be led by the nose by the independent directors, and if word spreads, Ye Dongqing will probably become a joke among others. He doesn't want this to happen...

Go directly to the office of Mr. Steve Jobs, and ask the female assistant you met in the corridor to call Mr. Tim Cook over. Recently, Jobs is about to suspend his job to recuperate. It is important to whom the power of the CEO will be transferred to. The most important thing is directly related to whether Apple's current project can continue, and whether it will delay time.

If he backs down this time, he will not be able to hold his head up in front of other independent directors in the future, so Mr. Cook must be the interim CEO. Ye Dongqing is even ready to tear his face and let one or even two independent directors go. The idea is that the executives of Boeing and Disney are just some gold-collar wage earners. He is the largest shareholder of Apple. The titles of "senior professional manager" and "super rich" are separated by the entire Mississippi River. gap.

The female assistant probably knew what happened in the morning. She was acting as a stenographer in the meeting room at that time. Considering that Ye Dongqing, the major shareholder, was present at the moment, she immediately guessed that there was something important to discuss, so she replied without hesitation at all. : "Mr. Cook is preparing for this year's internship recruitment. I will call him over now. Is there anything else I can do for you?"

   "No, buy me a sandwich, and the rest will be counted as a tip."

  Ye Dongqing was about to pay, she shook her head and said, "There are hot dogs in the staff lounge. Is hot dog okay? I'll heat it up for you and bring it over."

   "It's all right, thanks."

Pushing the door and walking in, it turned out that Jobs was standing by the window looking out. The CEO of Apple, whose face was slightly pale due to psychological suffering due to another serious illness, turned his head and smiled at Ye Dongqing, telling him: " The doctor forbids me to drink alcohol, but I may have to be hospitalized for a period of time for examination. I don’t think I will have a chance to drink again. When I saw your car coming, I couldn’t resist opening this bottle of wine. It was given to me by a friend, and it was packed in a wine barrel. It was aged for sixty years before being bottled."

"Macallan 1926, the 1939 that I drank once before is already very precious. So you still have a bottle of such a good wine hidden here. Where did you hide it before?" Poured a small half of a glass into it. This old whiskey that has been stored for many years is very spicy, so he is not in a hurry to drink it for the time being. He waits for the ice to melt and dilute it a little. He puts the glass under his nose, and the smell is very strong.

   "Of course I put it in the cabinet. After all, there are only 40 bottles in the world. If someone takes a fancy to it, I will feel very distressed."

"It's a bit early to drink now. We should wait for Mr. Cook to successfully become the CEO before celebrating. What I want to know is whether your desire to let him take over is as strong as mine. Why do they take a fancy to Mr. Cook? The deputy? I don’t believe they’re rooting for him for no reason, it’s not just about who’s the CEO anymore, it feels like it’s being targeted at me.”

After taking a sip of the wine, I can’t tell whether it’s good or bad. I only know that it’s all about money. A bottle of tens of thousands of dollars is full of charm derived from history, just like a box of millions of dollars. The taste of cigars is not much different from that of hundreds of dollars a piece, but the feeling of smoking is different.

"...Maybe you guessed right, not only for you, but also for me. It has nothing to do with Cook. His ability is obvious to all, and he is indeed the best candidate for the interim CEO. But everyone has ideas, it can't be so fair, if When you supported other people, maybe Cook could directly confirm this position. Several members of the board of directors expressed concern about your shareholding. You threatened their interests. It was not like this before. I was often restrained by them. while you are out of control and above them.

If you said that you would not continue to increase your shareholding, maybe they would feel a little more at ease, but you didn’t. Everyone knows that your Danshui Investment Group is still in contact with those small shareholders who hold Apple shares. This is not my business. The thing is, I emptied out Apple stock back then, leaving only one share, and then increased it, but I think your idea fits well with mine, and you are very welcome to join our company, you are a smart person. In fact, I think Apple really needs to be led by a big shareholder who is smart and has the right to speak. If I hadn’t raised capital rashly and bought all the shares of my friends, I wouldn’t have been kicked out as trash. I went out, and I always remember the humiliation. "

  Jobs didn't keep anything, he said everything he knew.

  He still doesn't know whether he can survive this cancer, so there is nothing to worry about, because he may die at any time. Although the doctor said that the survival rate is relatively high, it is not absolute.

When considering the reasons for the joint efforts of those independent directors, Ye Dongqing thought about it. It is not surprising at the moment, and he has other thoughts, but Jobs is a member of the board of directors after all, so he has not said it yet. He has made up his mind to continue to increase holdings at all costs, and then promote company reform, so that shareholders can regain control of the right to speak. This is the most beneficial result for him...

  (end of this chapter)