Wall Street Legend

  Chapter 245 Powers

The temporary resignation of Jobs will definitely have some impact on Ye Dongqing. He is not sure whether the interim CEO who will take office next will continue to implement the company's development ideas, that is, transition to the era of mobile intelligence, and develop a new system based on a closed operating system. A complete ecological chain of smart products.

If Mr. Tim Cook comes to power, he is sure to be able to convince the other party by virtue of his previous relationship with Ye Dongqing. In 1998, Cook joined Apple as a senior vice president, in charge of computer development and sales. Since Jobs decided to I recommend him because I think that Mr. Cook can do a good job. From the current point of view, he is more reliable. Anyway, he is much more reliable than the guy named Ron Johnson who may suppress Cook.

He is now Cook's deputy. He joined Apple in 2000 and created the idea of ​​"Apple Retail Store", which to a certain extent promoted the growth of Apple's sales performance. Ye Dongqing once met him once, and he is a rather slippery guy. , so far he still doesn't know exactly how Ron gained the trust of the three shareholders and let them agree to him acting as the interim CEO.

There should be something happening here that Ye Dongqing doesn't know. I thought that with Jobs' recommendation, it would go well. After all, he controls two of the eight board members. With Jobs, there are three. Apple currently has only eight board members in total.

Sitting in the back row of the Rolls-Royce, Ye Dongqing closed her eyes and couldn't help guessing in the worst direction. Mr. Jobs may never return to Apple, and Mr. Cook did not get the COO position , Ye Dongqing must ensure that in the case of all bad things, he still has influence on the CEO's decision-making. In fact, he is already considering paying more and continuing to acquire Apple's stock at a premium to achieve stronger influence. .

Before Ye Dongqing entered the game, Apple's shareholding was very dispersed, and the shareholding ratio of more than 3% was regarded as a major shareholder. This situation changed after he appeared, and he got two nomination rights for the board of directors. It was successfully realized after getting the help of Jobs. It has been a long time since Apple has had one shareholder hold two board seats. In fact, except for the two directors of Ye Dongqing, the other directors have little relationship with the shareholders.

He felt that those guys were probably used to it, so he confronted him. After all, he holds more than 30% of Apple's shares, and he has already expressed his hope through the two directors that Mr. Cook Willingness to take over as CEO, yet three directors banded together to support another qualified executive.

   It wasn’t a big deal, but Ye Dongqing hated the appearance of such a moth. At the moment, she was very upset. She was asking Jobs about the specific situation through her mobile phone, and asked why Cook hadn’t passed the temporary appointment of the board of directors in the morning.

Jobs said weakly: "To be honest, I don't know. Just yesterday they expressed in private that they would support Cook, but overnight, Bill, Ronald, and James betrayed their promises. I still don't know. I thought the previous vote was just a formality, but I didn’t expect that even Robert didn’t support my idea, I’m working hard, and I’m going to talk to them in private.”

Bill Campbell, Ye Dongqing once had a talk with this old man, the relationship between him and Jobs is relatively good, in 1997 when Jobs came back to Apple, he recruited him, the friendship is already very deep, especially With Jobs sick, it shouldn't have been the opposite of him.

Thinking about what happened between last night and this morning, he told Mr. Jobs: "Well, I'm on my way to Apple now, let's talk about it after we meet, it's about ten minutes away. ..."

The corporate system in the United States is relatively complete. In the modern corporate governance structure, the board of directors is the highest decision-making body of listed companies. Apple’s directors are nominated by the board of directors and then approved by the shareholders’ meeting. Who the directors are has little to do with shareholders, at least in This was the case before Ye Dongqing appeared, and now he has so many shares that he has the right to speak. This is one of the reasons why other members of Apple's board of directors gave in and agreed to let him control two seats.

  Apple's board of directors has the right to nominate directors when the board of directors changes, which allows them to master a stable power transfer system and be able to nominate people they trust.

As long as there are no divisions or infighting within the board of directors, then the few people on the board of directors will always control Apple, at least for the past ten years or so. Apple, which had no actual controllers at the time, had a total of more than one or two hundred people. It is obviously impossible for individual shareholders and institutional investors to unite and act in concert to clean up the board of directors.

Ye Dongqing has some signs of holding shares, which is why he just wanted to continue increasing his holdings. Judging from the current situation, after being recruited by Danshui Investment Group to harvest a batch, the remaining top twenty major shareholders hold shares Adding up the shares, there is not as many shares in Apple as controlled by Ye Dongqing.

There are advantages and disadvantages for board members, rather than shareholders, to control the management power. It is reasonable to exist, but the system that may be beneficial to other companies is not necessarily suitable for Ye Dongqing. It is hard for him to spend so much money , After spending so much time to get this share, I don’t want a guy who I don’t understand at all, toss about it casually, and then let the previous hard work go to waste. Compared with Amazon, he undoubtedly invested in Apple’s More expectations, and more money.

For a company like Apple, 30% of the shares is already very high, high enough to make Ye Dongqing feel that with a little effort, Apple's current management system can be overthrown and a new start will be made. A severance package for the members and then let them go.

Judging from the recent situation of Danshui Investment Group, FB and other companies, Ye Dongqing feels that he has the ability to manage Apple well. He is the largest shareholder of the company since its establishment. Literally.

Things were a bit tricky, but not to the point where he was at a loss. After coming to Apple, he didn't hide his angry thoughts at all. The employees on the side of the road could see that he was angry. What do you "reveal? Some directors are also minority shareholders, and they are also rewarded with shares by the company. Ye Dongqing needs to let these people know who is the real boss...

  (end of this chapter)