Chapter 134 [Bluestar Technology Group (1/5)]

"The Board of Directors has passed the resolution and for management at this time, the focus is on the next personnel changes, which are different from the last one and will be big this time. The decision to spin off and reorganize is an unprecedented internal restructuring of the company, and a number of business segments will be spun off from Bluestar Technology to become a subsidiary with consolidated financial statements from the parent company but operating independently. ”

Luo Sheng's voice resounded throughout the audience, and many people in the management were quite hot when they heard this, which meant that everyone present had the opportunity to be promoted, and it was obvious that the company was trying to move forward as a group.

This is long overdue.

"Lao Zhang, let's publicize the specific implementation plan of the board of directors." Luo Sheng turned his head to look at Zhang Bowen, the chief operating officer who was attending the meeting, who nodded and began to speak:

"The board of directors resolved to approve the plan proposal for the spin-off and reorganization, to spin off Bluestar Technology to establish the parent company Bluestar Technology Croup, referred to as 'BTC Group', to separate the company's current six main business operation segments, and to establish ten wholly-owned subsidiaries with independent accounting business, independent operation, and consolidated financial statements with the parent company."

Everyone in the room listened attentively.

Bluestar Technology's current six main business segments are: BlueSpace, BluestarVideo, Yunge Search, MusicSpace, Reddit, and the new business Weibo/MicroBlog that will be launched soon.

In order to better manage the company's business, the same business will also be spun off and divided into domestic and international versions, which will be operated independently, and only in this way can we take into account the domestic and foreign business.

Next, Zhang Bowen began to announce the proposed personnel changes of the board of directors one by one, the main focus was on the appointment of the first heads of the ten wholly-owned subsidiaries.

Blue Space: Li Songyi as CEO

BlueSpace: Jack Stopleman as CEO

Bluestar Video: Zhou Jin serves as CEO

BluestarVideo: Chad Heli as CEO

Bluestar Music: Zhang Long serves as CEO

MusicSpace: Max Deere as CEO

Yunge Search: Yu Jun serves as CEO

Weibo: Li Mingyuan serves as CEO

MicroBlog: David Sachs as CEO

Reddit: Steve Hoffman as CEO

The heads of the top ten subsidiaries were originally the heads of the business sector, and they were basically carried naturally.

The positions of the core executives of the parent company Bluestar Technology Group have been changed to:

George Charles is Co-President of Bluestar Technology Group Americas, with overall responsibility for the Group's and its subsidiaries in North America.

Nikesh Mehrotra is Co-President of Europe and has overall responsibility for the business of the Group and all of its subsidiaries in Europe.

Zhang Bowen serves as COO, Director, Vice Chairman, President of Greater China, Global Co-Executive Vice President, President of Corporate Development, Director of the Corporate Strategic Investment Review Committee and Director of the Corporate Human Resources Committee of Bluestar Technology Group.

Xu Yong is the CTO, Director, Senior Director of Product Development Department, Deputy Director of Innovation Workshop, and Director of Global Cyber Security and User Privacy Protection Office of Bluestar Technology Group.

Erin serves as the CFO, Director, Director of the President's Office, Assistant to the President, Director of the Global Accounting Department, and President of the Accounting Management Department of Bluestar Technology Group.

As the founder of the company, Luo Sheng serves as the chairman, president (CEO) and director of the innovation workshop of Bluestar Technology Group, he may be the one with the least title in the core management team of Bluestar Technology Group, but there is no doubt that he is the absolute soul of the group company.

In fact, this also brings "key person risks" to the company, but Luo Sheng doesn't care.

Theoretically, the ideal situation should be that even if the founder leaves, the company can still develop healthily and sustainably, but Luo Sheng does not need this so-called ideal situation, and does not care about the "key person risk", for him who has a strong desire to control, once the company is gone, he can't play, this is the result he wants most.

Only this kind of result can maintain absolute control and dominance over the company, and you can't play with such a result without yourself.

If the company you have worked so hard to create is not your own or has nothing to do with you in the end, no matter how good the development is, it is meaningless to yourself.

As for the so-called successor, there is no need to think about it for at least thirty or fifty years here in Luo Sheng, he is only twenty years old now.

The company's management positions are composed of president (CEO), vice president, senior director, director, senior manager, manager and supervisor from high to low.

It was not easy for Zhang Bowen to read all the questions about the change of management positions, and it took more than 20 minutes to read them, and the members attending the meeting were given the opportunity to be promoted.

Basically, in the original management position so far, as long as no big mistakes have been made, have been naturally promoted, because the company is still in a period of rapid development and growth, the company's demand for talents is still huge, the business has been stripped and reorganized, the original person in charge continues to be responsible for the reorganized business is the best way to deal with it, as long as there is no mess up before this, the promotion is a natural thing.

After Zhang Bowen sat down, Luo Sheng spoke again: "Basically, the board of directors has such an arrangement for the senior management, if you have any objections, or you want to transfer or other problems that are not appropriate for this arrangement, you can say it at the meeting, and today's meeting has no time limit until the reorganized management team is determined, because the list of key senior management will be disclosed to the outside world tomorrow." ”

After speaking, Luo Sheng looked around at everyone present again, and waited for a while, but no one raised any objections.

There will certainly be no objections, and who will resist a promotion? It's hard to say whether you can get more options after being promoted, but the basic annual salary is going up.

Luo Sheng waited for a while, and when he saw that everyone didn't respond, he immediately clapped his hand and said, "OK, since there are no objections, then it's decided, and it will be officially announced tomorrow." However, the corporate restructuring structure should not be rushed, and the normal operation of the current major business segments must not be affected by the restructuring. ”

Speaking of this, Luo Sheng changed his words and added: "But we can't delay for a long time, and we must complete the restructuring before the end of this year." Many people are directly promoted from within, the core management team of the enterprise as a whole tends to be younger, the average age is only 28.5 years old, many people do not have much management experience, the successful completion of the restructuring is the first assessment of you, but also the most basic assessment. ”

"If even an adjustment within the enterprise will make a mess and it will not be fair, how can I rest assured that you will be in charge? So which section goes wrong, I'll personally get rid of the person in charge of which section. ”

Many young managers at the meeting couldn't help but be shocked, and quickly calmed down from the original immersion in the joy of promotion, only to realize that Luo Sheng was the person who the company absolutely said.

I am more aware that the company has been expanding to recruit talents, and I don't know how many headhunting companies have undertaken the list of Bluestar Technology to poach people everywhere in the world.

There is absolutely no doubt that if you mess up, you will inevitably be wiped out, and then an executive will be parachuted in to take over.

……

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