Inheritance of Two Trillion Chapter 2955 - 2049: Zhenbei Group Board of Directors
Previously on Inheritance of Two Trillion...
The board of directors, someone came? Wen Yan’s words took Bai Xiaosheng by surprise as well.
The so-called board of directors is naturally composed of multiple directors. Logically, the company’s affairs and management should be the responsibility of the directors, and the board should be with the group’s headquarters.
But the situation of the Zhenbei Group is quite special, extraordinarily special.
Bai Xiaosheng had once heard Lu Cheng’an and Li Yunyuan talk about the past events, and indeed knew about this situation.
Since the Zhenbei Group implemented the joint-stock system, it has absorbed twenty-three large and small shareholders, including Bai Zhenbei, totaling twenty-four.
However, among these twenty-four people, Bai Zhenbei alone holds more than half of the group’s shares, making him the absolute shareholder.
When the company grew bigger and stronger, those shareholders became restless, all trying to participate in the company’s management.
Bai Xuanyu went along with their expectations and established a so-called board of directors, becoming its chairman, while granting six other people director titles.
Just as those people were gearing up, thinking they could meddle in the company, Bai Zhenbei, as chairman of the board, forcibly relocated it to the other end of Ganande, where he set up a high-level commercial building, leaving them to play their own games there.
Yet, the actual power and business of the company were never leaked to them in the slightest.
Naturally, those people were unwilling, but whether it was the absolute shareholder or the chairman, it was all Bai Zhenbei alone. With his strong hand, these people were ultimately suppressed.
Therefore, the Zhenbei Group’s board of directors has always been a hollow institution, a world-class joke.
However, in the years since Bai Zhenbei went missing, the board has become increasingly restless.
Vice Chairman Perros even rose to the position of chairman through multiple rounds of voting.
Of course, if one day Bai Zhenbei appears, Chairman Perros will have to obediently step down immediately, as the absolute majority shareholder holds absolute dominance.
Bai Xiaosheng also heard from Li Yunyuan that a couple of years ago, the board tried to seize the opportunity of Bai Zhenbei, the senior chairman, being absent to enter the upper echelons of the group.
At that time, acting chairman Bai Xuanyu and several vice directors vehemently opposed, leading to a stalemate.
In the end, Situ Yin stepped forward with a personal letter from Mr. Bai Zhenbei. The content wasn’t clear, but after those on the board read it, they stopped their actions and remained quiet until now.
Unexpectedly, at this time, they actually showed up again.
"I’m on the road, about twenty minutes away from the headquarters," Bai Xiaosheng said to Wen Yan on the phone.
"Alright," Wen Yan replied, "The person just relayed a message, saying that the CEO of Chairman Perros of the board of directors will arrive in an hour or so. There’s still plenty of time."
Bai Xiaosheng said in a low voice, "The CEO of the board chairman, coming at this time, could it be related to recent events?"
A business president jumped to his death, causing a media frenzy and stock market turmoil.
An old vice director was investigated, a new one ascended, causing significant personnel changes.
It seems the board can’t sit still either.
Based on the known information, Bai Xiaosheng could even assert that the true purpose of the board coming this time is the massive power vacuum resulting from the changes.
That is, Morgan’s vice director position!
If the board were to successfully place someone in this vice director position, the doors to the company’s power hierarchy would truly open to them, and the rest would be expected.
This thought made Bai Xiaosheng’s gaze serious.
Although at present, the interests are unknown, Second Uncle Bai Zhenbei’s adamant defense must have its reasons. Bai Xuanyu, who is wholeheartedly for the group, also staunchly opposes the board’s intrusion into the power structure, probably knowing more underlying things.
"As for why the board is coming specifically, we need to wait until that CEO arrives," Wen Yan said over the phone, "In any case, once you return, send me a message. I’ll come to see you; I have things to discuss with you."
The implication of Wen Yan’s words was clear: things not suitable to be said over the phone likely relate to the board’s lurking ambition for the group’s real power.
"Alright, see you then," Bai Xiaosheng said.
Then, the two hung up the call.
Putting down the phone, Bai Xiaosheng slightly frowned and closed his eyes.
In his mind, Bai Xiaosheng began calling for Red Lotus, "Red Lotus, with my current authorization as vice director, am I eligible to delve into the detailed information about the board and some insider details?"
Red Lotus did not hesitate, responding directly, "Yes."
"Bring out all the data!" Bai Xiaosheng immediately said.
It is said that the board of directors, back in those days, was extremely eager to participate in the group’s management and had produced countless versions of the group’s development blueprint.
Over the years, to prove that their existence wasn’t just for leisure, they have incessantly held meetings and crafted various plans, supposedly being concerned about the group’s development but also preparing to gain control.
Though the board’s grand blueprints are still just empty talk, once sent and transmitted, the permissions were quite high—business presidents had no rights to view them; at least a vice director-level was required.
Now, as Bai Xiaosheng has become a vice director, there is naturally no issue with permissions.
With Red Lotus’s assistance, he could finally see these things.
Just the group’s development plan made by the board in last year’s quarter could fill volumes, with meticulously detailed categorization, supported by massive data, various trends, countless tables, and more, enough to astonish outsiders; even the mid-level management would be left in awe.