Chapter 244: Power
Jobs's temporary resignation will definitely have a little impact on Ye Dongqing, and he is not sure whether the interim CEO who will come to power next can continue to implement the company's development ideas, that is, to transition to the era of mobile intelligence, and develop a complete intelligent product ecological chain based on a closed operating system.
If Mr. Tim Cook comes to power, with his previous relationship with Ye Dongqing, he is sure that he can convince the other party, and in 1998, Cook joined Apple as a senior vice president, in charge of computer development and sales, since Jobs decided to recommend him, it must be because he thinks that Mr. Cook can do a good job, and he is more trustworthy at present, anyway, it is much more reliable than the guy named Ron Johnson who may have suppressed Cook to the top.
He is now Cook's deputy, and only joined Apple in 2000 to create the idea of "Apple retail stores", which has promoted Apple's sales growth to a certain extent.
What should have happened Ye Dongqing didn't know about this, I originally thought that with Jobs' recommendation, it should go well, after all, he controls two of the eight board members, plus Jobs, it is three, and Apple currently has only eight board members.
Sitting in the back row of Rolls-Royce, Ye Dongqing closed his eyes and couldn't help but guess in the worst direction, Mr. Jobs may never return to Apple, Mr. Cook did not get the position of chief operating officer, Ye Dongqing must ensure that in the case of everything bad happens, he still has influence on the CEO's decision-making, in fact, he is already considering paying more and continuing to buy Apple shares at a premium, so as to achieve stronger influence.
Before Ye Dongqing entered the game, Apple's equity was very dispersed, and the shareholding ratio of more than three percent was considered a major shareholder, and this situation changed after he appeared, and then got two board nomination rights, which was successfully achieved after obtaining the help of Jobs, Apple has not had an example of a shareholder holding two board seats for a long time, in fact, now except for Ye Dongqing's two directors, the other directors have little to do with shareholders.
He felt that most of those guys were comfortable, so he came to himself, after all, he owned more than 30 percent of Apple's shares, and he had expressed his desire for Mr. Cook to take over the CEO through the two directors, but there were still three directors who joined forces to support another qualified executive.
It's not a big deal, but Ye Dongqing hates the appearance of this kind of moth, and he is in a very unhappy mood at the moment, and is asking Jobs about the specific situation through his mobile phone, asking why Cook did not pass the temporary appointment of the board of directors in the morning.
Jobs' tone was weak: "To be honest, I don't know, just yesterday they privately said they would support Cook, but overnight, Bill, Ronald and James betrayed their promises, I thought the previous vote was just a formality, but I didn't expect that even Robert didn't support my idea, I was working hard, ready to talk to them separately in private." ”
Bill Campbell, Ye Dongqing once talked to this old man, he and Jobs have a good relationship, in 1997, Jobs came to Apple as soon as he returned to Apple, and the friendship was already very deep, especially when Jobs was sick, he shouldn't have been against him.
Pondering what had happened between last night and this morning, he told Mr. Jobs, "Well, I'm on my way to Apple right now, let's talk about it after we meet, it's about ten minutes away......"
The corporate system in the United States is relatively perfect, in the modern corporate governance structure, the board of directors is the highest decision-making body of listed companies, Apple directors are nominated by the board of directors, and then approved by the general meeting of shareholders, who the directors are and shareholders have little to do with it, at least before Ye Dongqing appeared, now he has more shares in his hands to have the right to speak, which is one of the reasons why the other members of the Apple board of directors gave in and agreed to let him control the two seats.
Apple's board of directors has the power to nominate directors when the board is renewed, which gives them a stable system of power transitions and the ability to nominate people they can trust.
As long as there is no division within the board of directors and no internal strife, then the board of directors will always control Apple, at least for more than 10 years, when there was no actual controller of Apple, those who totaled more than 1,200 individual shareholders and institutional investors, obviously it is impossible to unite and act in unison to purge the board of directors.
Ye Dongqing has a little bit of a holding, which is why he just wanted to continue to increase his holdings, judging from the current situation, after being co-opted and harvested by Tamsui Investment Group, the remaining top 20 major shareholders do not hold as many shares of Apple as controlled by Ye Dongqing.
There are both advantages and disadvantages to the management of the board of directors, not shareholders, and the existence is reasonable, but the system that may be beneficial to other companies is not necessarily suitable for Ye Dongqing, he finally spent so much money and spent so much effort to get this share, but he doesn't want to have a guy who he doesn't know at all, just toss it casually, and then let the previous hard work go to waste, compared to Amazon, he undoubtedly injected more expectations and more funds into Apple's side.
For a company like Apple, more than 30 percent of the shares are already very high, so high that Ye Dongqing can feel that if he works hard, he can overturn Apple's current management system and start over, and it is a big deal to give a severance pay to the dissatisfied board members, and then let them get out.
Judging from the recent situation of Tamsui Investment Group, FB and other companies, Ye Dongqing feels that he has the ability to manage Apple well, and he is the largest shareholder since the company's establishment.
Things are a bit tricky, but not to the point where he is at a loss, after coming to Apple, he didn't hide his anger at all, and the employees on the side of the road can see that he is angry, what is this to show to those "successful directors", some directors are also minority shareholders, and they are still shares awarded to them by the company, Ye Dongqing needs to let these people know who is the real boss......