Chapter 578: The new chairman takes the position
"Mr. Mackens, Miss Pell please give me a few minutes as I need to report back to the head office. The representative of Xuele Mountain said solemnly.
If he can call the shots, it is estimated that he will agree without hesitation, although it will be more embarrassing to apologize in the national newspapers this time, but it is much better to lose face than to lose money!
Originally, before coming, the company discussed the results and was willing to pay up to $8 million to settle.
Now the compensation amount is less than 3 million US dollars, which is a "silver" for nothing!
What is an apology, if they can not lose money, they wish they could apologize for a month in a row!
The result of the telephone communication with the headquarters was not as expected, and both VUG and Xueleshan happily agreed to all the conditions proposed by McKenzi.
Because if you really want to continue to fight the lawsuit, sooner or later it will be a loss, and the compensation will not be less than now, and you will have to pay a lot of additional lawyer fees, so why not admit defeat now, and the other party has not rushed to ask for sky-high compensation.
With the assistance of lawyers from both parties, the Sherry Representatives and Pell signed a settlement agreement.
Pei'er was authorized by Yu Wenfei to make a decision directly according to the actual situation, and there was no need to call Yu Wenfei to report from time to time. Yu Wenfei is not afraid of her nonsense, and Mackens will not allow it.
Before the lawsuit began, the curtain had already come to an end, and Xuele Mountain felt very fortunate and thought that it had escaped.
Villefort G fat was also very satisfied, and he had all his face, Xuele Shanden apologized and compensated five million US dollars, and Yu Wenfei fulfilled his original promise to him.
Facebook Games North America has also been well-known to everyone during this period of time, and people inside and outside the circle have seen the company's tough style, and no one will dare to provoke it for a long time.
That is, after this lawsuit that did not start, Facebook Games has really gained a foothold in the United States.
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The line with Chen Tianqiao, that is just a small matter, and the big thing that Yu Wenfei is busy with now is the Shanghai Pudong Development Bank.
It took out 19 million shares of Facebook in exchange for 30% of the shares of Shanghai Pudong Development Bank, becoming the second largest shareholder of the bank, which is very important to Yuwenfei because it involves the launch of the online payment business.
After the introduction of Yu Wenfei, a new shareholder, the shareholder structure of Shanghai Pudong Development Bank has also changed.
The largest shareholder, Modu International Trust and Investment Company, holds 40 percent, the second largest shareholder, Yu Wenfei, holds 30 percent of the shares, and the third largest shareholder becomes Modu International Group, which holds 17 percent of the shares.
The fourth largest shareholder, of course, is Citibank, with only 9 percent of the shares. This is also because in order to fulfill the promise of opening up the domestic financial business to foreign capital, Modu International Trust Investment transferred 4% of the shares to Citibank, so Citigroup's shares increased from 4% to 9%.
These four shareholders combined, the total proportion of shares is 96%, and what about 4 percent?
Since it is a share reform, of course, it is also necessary to let bank employees enjoy the benefits they deserve, so the four percent is also taken out from Modu Trust Investment, and an employee incentive pool has been established, which will be distributed to the executives who have contributed to the Shanghai Pudong Development Bank in the future.
After a secret conversation between Yu Wenfei and Mr. Liu of International Trust, the two major shareholders re-determined the new senior management team of Shanghai Pudong Development Bank.
The former chairman of Pudong Development was transferred to the State-owned Assets Supervision and Administration Commission of Modu City, and Yu Wenfei couldn't control what his specific position was, anyway, he drove people away. Although he has never seen what the former chairman looks like, Yu Wenfei knows that it is not his own person, and the former chairman has stumbled himself after adding a loan last time.
After the announcement of the new chairman, it is estimated that it will surprise many people's eyes, but it is also unexpected, because Yu Wenfei will serve as the new chairman of Shanghai Pudong Development Bank!
Originally, this position should have been assigned by Mr. Liu of the International Trust, after all, the International Trust is the largest shareholder, but the International Trust controls too many company shares, and Mr. Liu is too lazy to meddle in the affairs of Pudong Development, and when Yu Wenfei had a secret conversation with him, he also talked about his idea of promoting the reform of Pudong Development's main business, and Mr. Liu thought that he wanted to support Yu Wenfei, so the chairmanship was given to Yu Wenfei.
As for saying that the chairman of the board of directors should be elected after the board of directors is elected, this rule is not enough, if the two sides of the international trust and Yu Wenfei together account for 70% of the major shareholders, it is not a joke.
Then we will have a board meeting and go through the process.
As for the president, the current president Wu is doing a good job and will continue to stay in office!
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On June 22, the first general meeting of shareholders of Shanghai Pudong Development Bank after the restructuring was held, which will elect the new board of directors and chairman of the board of directors, and formulate the development strategy of Shanghai Pudong Development Bank for the next period of time.
President Wu came to the headquarters building of Pudong Development Co., Ltd. early in the morning, and instructed the company's staff to clean the large conference room again and prepare to welcome the arrival of shareholders.
Today, although President Wu has been smiling, his mood is still a little complicated.
On the one hand, SPD successfully completed the share reform, and his old rival, the former chairman, was also transferred, and he was able to stay in office, which is obviously his victory.
But on the other hand, his heart was a little drumming, because he didn't know if the new chairman would be able to cooperate with him, and it stands to reason that there should be a new chairman appointed by the international trust company, which is the representative of the major shareholders.
And the current Shanghai Pudong Development Bank is different from before, it used to be considered in the system, even if the president and the chairman did not deal with each other, but the two of them would not be able to help anyone for a while, because the levels are all equal, and everyone has their own backers, and they will not tear their faces.
But now, SPD is a joint-stock commercial bank, and the major shareholders are full of words, if they don't deal with the new chairman, then it is estimated that there will be no good life.
The time came to half past nine, and the shareholder representatives arrived at the scene one after another.
President Wu also came to the door of the building in person to greet everyone.
A black Daben galloped from far and near, and President Wu knew who was coming as soon as he looked at the license plate, this was Mr. Wang of Modu International Group, the third largest shareholder of the company.
"Mr. Wang, welcome leader, you haven't come to inspect us for a long time. Governor Wu greeted with a spring breeze on his face.
After a few words of greeting, he instructed the staff to invite Mr. Wang to his office to rest, and President Wu continued to wait, and there were two major shareholders who did not come, as for Citigroup, the fourth largest shareholder, it was gorgeously ignored by President Wu.
This is not because he has low emotional intelligence, but because Citi has always been at odds with him, and before the share reform, Citigroup, a small shareholder, also supported the faction of the former chairman.
Governor Wu is also arrogant, not to mention that he only needs to get the favor of the top three shareholders, and Citigroup, a small shareholder, still can't jump.
After a while, the two cars came one after the other, and President Wu's eyes lit up, and he hurriedly tidied up the suit on his body, ready to step forward to greet the VIP.
The car in front of him was a dark and shiny Mercedes-Benz S600, and it was also based on the license plate, and President Wu knew that this was the car of Mr. Liu of International Trust Investment.
The car in the back is much cooler, the big red supercar, although I don't know what model it is, but President Wu also knows that there can be no one else who can drive this kind of car to the board of directors except for his junior!
Sure enough, the two cars stopped one after another, and President Wu hurriedly stepped forward to help Mr. Liu pull out the door.
"Mr. Liu, welcome, you are the patriarch of Pudong Development Group, and you will have to come to inspect and guide the work more in the future. ”
A smile also appeared on Mr. Liu's serious face, "President Wu, the future development of Pudong Development still needs cadres like you to preside over the work in the future, do it well!"
The big red supercar door in the back lifted like butterfly wings, and Yu Wenfei got out of the car with his beautiful little secretary.
"Mr. Fei, haha, congratulations, I really didn't expect it, it's only been a long time since we last met, and you will become my leader. Governor Wu's expression was a little complicated.
Yuwen flew into the Shanghai Pudong Development Bank, which was really the last thing he thought of.
Life is so wonderful, the last time the two met, in front of Yu Wenfei, President Wu still had the mood of a senior promoting a junior.
Unexpectedly, just over a month later, the junior brother would become his own boss!
"Hehe, senior, don't be polite to me, Pudong Development will depend on you in the future, I talked to Mr. Liu, neither of us will interfere in the daily management of the bank, so this stall still depends on you to support it." Yu Wenfei said with a smile.
They are all smart people, and after President Wu heard what Yu Wenfei said, he was overjoyed in his heart.
This means that the two major shareholders are supporting themselves!
International Trust and Investment Company plus Yu Wenfei has accounted for 70% of the shares of Pudong Development Co., Ltd., with the support of these two major shareholders, what are you afraid of, you can finally throw off your arms and do a big job!
At this time, Hank, the representative of Citi, also drove to the scene by himself, but President Wu just waved at him from a distance and did not greet him.
Hank himself was very knowledgeable, shrugged his shoulders and entered the building by himself.
President Wu accompanied Mr. Liu and Yu Wenfei into the Pudong Development Building, and introduced the general situation of the bank and other information to the two of them as they walked.
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In the palatial conference room of the bank, everyone sat down, and President Wu served as the host, and began the first shareholders' meeting after the share reform of Shanghai Pudong Development Bank.
The first item on the agenda of the conference is to elect the new board of directors.
There is no doubt that Mr. Liu, Mr. Yu Wenfei, Mr. Wang, and Hank, as shareholder representatives, were successfully selected, and President Wu, as a representative of the management, was also elected to the board of directors.
The second agenda item is the election of a new chairman, and everyone's eyes turn to Mr. Liu, who is the largest shareholder and of course has priority.
Mr. Liu smiled slightly and said, "I recommend Mr. Yu Wenfei as the chairman!"
One word shocked the four seats......