Chapter 0955 - Alternation of the Old and the New
Hearst Group Building.
The annual report meeting was held as scheduled, and William Hurst, who was already in retirement, as a major shareholder, also attended the meeting.
The same Li Zitao did not send any representatives, and he was sitting in his place.
Li Zitao, who owns 23 percent of the shares, is nominally the second largest shareholder of the Hearst Group.
Except for William, who holds 38 percent of Hearst's shares, he has the largest shares.
The third largest shareholder is another member of the Hearst family, the second second son of William Hurst, John Hearst.
He holds 8 percent of the shares of the Hearst Group.
His fourth son, Randolph Hirst, and his fifth son, David Hurst, each own 5 percent of the shares.
Taken together, the children's shares are the guarantee of the Hearst family's right to a stable business.
It is also William Hirst's confidence that he is not afraid of Li Zitao.
It's just that the old lion king in the twilight of his life has forgotten that his authority is no longer enough to maintain the stability of the race.
The human heart is the most fickle and elusive in the world.
โ...... This is the case with the annual report, the group's profitability has improved a lot compared with last year, and I believe that with the support of all shareholders, there will be better results in the future. โ
William stood on the blackboard in high spirits, enjoying the gaze of everyone.
It's just that in Li Zitao's opinion, his appearance is less majestic and more funny.
If you bring your eyes again, his current image is no different from the head teacher in his memory.
"It's more like replacing a blackboard with an electronic screen. Li Zitao said to himself.
"Belowโ" Just when everyone thought the annual report was over, William Jr. suddenly spoke again.
William Hurst's expression changed slightly, and he looked at his son with a somewhat questioning and sharp gaze.
But William Jr. didn't pay attention to his father's gaze, and said to himself: "Next, I will submit a new proposal for the re-election of the chairman of the board of directors." โ
Rumble.
The entire conference room seemed to be swept by a twelve-level storm, and everyone's eyes widened and looked at Little William with incredible eyes.
It's like saying, 'Is this really Williamhurst Jr.?'
The chairmanship of the board of directors has been held by William Hearst Sr. since the establishment of the Hearst Group.
No one ever wavered from this, not even during the most difficult Great Depression for the Hearst Group.
And now, this iron rule has been broken by his son, the new leader of the lions.
"William, do you know what you're talking about?" George was the first to stand.
Although he lost his previous shares, he still participated in today's annual report meeting as a representative of his younger brother John Hirst.
"William, don't make a decision that you regret. Randolph and David also stood up and looked at him with warning eyes.
Only the protagonist William Hirst Sr. sat in a chair, staring deeply and meaningfully into the face of his son William Jr.
Little William is a little weak-hearted, very, very weak-hearted.
has been shrouded in his father's majesty for a long time, which makes him extremely familiar with his father's gaze, as well as the fear engraved in his bones.
But he also knew that when he made up his mind to replace his father and become the new lion king of the race, he had no way out.
Moreover, he chose to cooperate with the 'devil'.
Even if he wanted to back down, the devil would do everything he could to make him fall into the abyss.
Turning his eyes to Li Zitao's usual smile, Xiao William gritted his teeth secretly, and said calmly: "Now, please take a stand on the shareholders!"
Everyone's hearts beat again, but they also had different thoughts.
No one had ever dared to challenge William's authority, and people were accustomed to fear his majesty and strength.
But when it really happened, they suddenly realized that there was nothing to be afraid of.
Hearst will not collapse because of this, and the earth will not explode on the spot, even old William himself seems a little overwhelmed and weak.
It's just the long-term deterrence and reluctance to be the first bird that makes the shareholders present choose to continue to wait and see.
They wanted to see what made William so crazy.
In fact, everyone guessed the answer in their hearts, and the corner of their eyes kept looking at Li Zitao, who was sitting at the other end of the long table and maintaining a gentlemanly smile.
The rest of the shareholders were restrained, and several of the Hearst children looked at him with rising flames in their eyes, as if they were going to burn Li Zitao on the spot.
It's a pity that this anger didn't hurt him half a point, but made them angry with themselves, and felt that their whole body was burning.
"Haha......" The heroic laughter sounded, and old William stood up energetically with his crutches, showing a little sign of returning to the light.
Looking at his favorite son, old William was a little relieved, dissatisfied, annoyed and regretful.
That complex emotion Xiao William couldn't understand for a while, and the guilt and timidity in his heart made him choose not to look at his father.
"Then vote now!" said old William, without saying a word.
Vote!
"I am in favour of William Jr. as Chairman of the Board, and it is time for young people to dominate the world. As expected, it was Li Zitao who spoke.
Seeing the answer they wanted, shareholders were relieved and began to hesitate, how should they choose?
It's not good to offend Li Zitao, but does William Jr. have enough ability to become Hearst's new captain and take control away from the family......
Without an answer, no one can be sure of the outcome of this battle.
But they had to make a choice, because the resolution, when Li Zitao spoke, represented a signal for the two sides to go to war.
Now is the time to take sides, and those who waver will only be seen as enemies by both sides.
The new and the old, the young and the old, the gap in shares and Li Zitao's past style and performance made them make a suitable choice.
"Agreed. โ
"Agreed. โ
"Agreed. โ
The number of hands raised was getting faster and faster, and all the shareholders voted in favor except for the members of the Hearst family.
9 to 3, the chairmanship of the board of directors changed hands.
"You ......," George angrily pointed to the shareholders present.
They either stagger their gaze or choose to look at it calmly, without any fear or indebtedness.
Business is business, and the facts will not change because of a threat, and Li Zitao's goal of winning the Hearst Group has gone further.
"It's good, you've finally grown up. Without any frustration or irritation, William came up to his son and pressed him the shoulder.
Old William said with some pity: "It's just that you chose the wrong object." โ
The Hearst family followed William Sr. to leave, and this annual report meeting has ended here, and there will be no more variables.
William Sr., the man who single-handedly founded the Hearst newspaper empire.
The era and stage that belong to him have come to an end.