Reborn as a tycoon in Hong Kong
Chapter 130 Stabilizing Management (Part 2)
"Mr. Lin, you are the company's largest shareholder and will also be the chairman of the board of directors. Of course we will support you and work under your leadership."
The first person to speak out in support was Xia Boyin. He knew what Wei Li and Richard Chaxin wanted, and hoped that Lin Baicheng, the major shareholder, could only assume the responsibilities of a major shareholder like HSBC and have no or less involvement in the company's affairs. Leave the company to them.
In general, they are not willing to be the executor of decisions, but want to be the decision-makers and lead the company to grow and develop.
But Xia Boyin is different from them. He is in charge of business and has excellent abilities. The change of company controller will have little impact on him. As long as he works seriously as always, the possibility of being fired is low.
However, without any influence, he can get stock incentives and make more money. Of course, Xia Boyin must make a choice that is beneficial to him.
"I believe that under Mr. Lin's decision-making, the company will develop better and better."
Wei Peter later said that his thoughts were similar to Xia Boyin's and he could not refuse more income.
"Mr. Lin, I will notify the board of directors as soon as possible, support your proposal at the board meeting, and 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 situation was over, and other management would not be able to cope with higher treatment, which was something that he, the president, could not give.
Wei Li, as the vice chairman of the board of directors and the company's president, can certainly propose a similar incentive plan, but this is to make profits for himself and other management, and it is unlikely that the board of directors will pass it unless he has really contributed to the company for several consecutive years. If you make a lot of money, it might be possible to pass.
Although the company's management occupies the majority of the board of directors, Wei Li knows very well that Chen Xinghan represents the interests of HSBC and Wei Peter represents the interests of the Qi Dezun family. Without the consent of these two major shareholders, the relevant plan cannot be passed. of. Also, the chairman of the board of directors has 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 convened and Lin Baicheng is elected as the chairman of the board of directors, and then gets the support of the management, then the incentive plan will be passed 100%, and the objections of other directors will be useless.
Wei Li said so, and of course other management also expressed support, saying that they would do their jobs well under Lin Baicheng's decision-making in the future.
"Then I would like to thank you all for your support. 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 5 billion or 10 billion in the future."
In order to stabilize Hutchison Whampoa's management and let Hutchison Whampoa's management cooperate with him in managing the company, 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 hands. If these managements remain intact, the company will not be in chaos, which will affect the company's development.
As long as the management is stabilized and the company is prevented from chaos, Lin Baicheng's efforts will be worthwhile.
After that, Lin Baicheng asked Wei Li and other five managers who had seats on the board of directors to stay, while the others returned to work.
Looking at the five people, Lin Baicheng said: "Guys, I definitely don't know as much about Hutchison Whampoa as you do, so I can't even talk about the development plan for this company. Therefore, I will let my assistants become Yufeng has launched a detailed investigation into the company in the past few 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."
With that said, Lin Baicheng looked at Wei Li and said: "President Wei Li, regarding your development plan for Hutchison Whampoa, you should also submit a copy to me for review."
"Okay, Mr. Lin."
Wei Li nodded in agreement. He knew that Lin Baicheng meant to evaluate him. Once his plan failed to satisfy Lin Baicheng, his position as president would be in danger.
Nodding, Lin Baicheng continued: "In the short term, apart from the general direction planning of the company's development, I will not be overly involved. At most, I will arrange financial personnel to enter the company. I will tell 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 replace 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 to left."
It is true that Lin Baicheng wants to stabilize Hutchison Whampoa's management, but this does not mean that he has to accommodate some people. The departure of some people will not affect the company's operation.
Wei Li and others all understood this truth, so they all nodded to express their understanding.
Finally, Lin Baicheng said to Cheng Yufeng: "Yufeng, you must complete the research carefully. I want detailed information."
"Mr. Lin, don't worry. With the cooperation of President Wei Li and others, I will definitely give you the most detailed information." Cheng Yufeng nodded.
Lin Baicheng nodded and said: "Arrange the financial personnel to enter the company, and I will leave this matter to you."
Because he did not have a deep understanding of Hutchison Whampoa, and the board of directors had not yet met, Lin Baicheng was not yet the chairman of the board of directors of Hutchison Whampoa, so he did not give any further instructions, but left Hutchison Whampoa first. Cheng Yufeng and others It is to stay.
Wei Li and others did not go against the will and were very cooperative. They knew that they were just high-level workers. Unless all the management teamed up, they could still fight. Otherwise, if one person or a few people alone, the result of the fight would be Being kicked out of the company, there is no other possibility.
Although it is a pity to lose the decision-making power of Hutchison Whampoa, the good news is that the income will increase a lot in the future, which is a great blessing among misfortunes.
In the evening news of that day, after Lin Baicheng did not spend money to find newspapers to report and was not optimistic about him, most of the newspaper reports were on the topic of the rise of Chinese capital to acquire foreign companies, speculation on Lin Baicheng's net worth, and praise of him, etc.
Lin Baicheng has risen in just one year, and now he has gained control of Hutchison Whampoa. This is a legend in the eyes of many people, so it is very normal to praise him.
Before Lin Baicheng's failure, he was a 'genius' and 'legend' in people's eyes, and he was a learning target for the younger generation. People had a high level of awareness of him, which was actually an influence.
Lin Baicheng was certainly aware of the praise he received from the outside world, as early as when he acquired Asia Television. Lin Baicheng was a little embarrassed at first, but he was mostly happy in his heart. Later, he would feel unhappy when he saw some critical and ridiculing reports. But now, he is unmoved by outside reports.
(Thanks to ‘Advocate’s Appearance’ for the huge reward and support!)
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