Chapter 789: Only Required Fu Huai’an’s Consent!
Translator: Atlas Studios Editor: Atlas Studios
Even if they didn’t attend the board meeting, Fu Huai’an would still hold the board meeting and bring in new blood at the management level.
The results that Fu Huai’an once produced at the helm of the Kaide Corporation were universally recognized. There was also the fact that the Kaide Corporation was a complete mess over the period when Fu Huai’an wasn’t around!
With Fu Huai’an back in the company assuming the position of the chairman, the other directors on the board had grounds for comparison, making them more confident in Fu Huai’an’s decision.
Thereafter, the official website and Weibo account of the Kaide Corporation announced the new list of management-level executives.
Actually, the most striking change was the appointment of Lu Jinnan as the new president of the Kaide Corporation.
Fu Huai’an’s title on his Weibo also changed from President of the Kaide Corporation to Chairman of the Kaide Corporation.
The moment Lu Jinnan’s new appointment was announced, Lu Jinnan brought good news to the directors, which was that the Kaide Corporation had successfully obtained the two most important projects in the city that year.
Kaide Corporation’s share price had also increased because of Fu Huai’an’s return.
When Fu Qingquan received Director Wang, Director Hu, and Director Fang’s calls and heard that Fu Huai’an held the board meeting without their presence and also appointed the new management-level executives, Fu Qingquan was so furious that he called Fu Huai’an up and questioned him.
Little Lu answered the call and, with a smiley and respectful tone of voice, said…
According to the rules set by Fu Qingquan previously, whenever the board couldn’t decide on something, the side holding more shares would make the call!
All of Director Wang, Director Hu, and Director Fang’s shares added together were only slightly more than the ones’ digit of Fu Huai’an’s shares!
Furthermore, Fu Huai’an already held more than 50% of the shares, so even if all of the directors didn’t attend the board meeting, Fu Huai’an still had the power to appoint new management-level executives.
If the three directors were unhappy with that and wanted to withdraw, Fu Huai’an would gladly buy their shares at a higher-than-market price.Read more chapter on vipnovel.com
The three directors were stunned to hear this. They had called Secretary Song, but Secretary Song held the matter down and didn’t dare tell Fu Qingquan.
Fu Qingquan would surely faint from anger if he were to come to know about this!
The Kaide Corporation of today was no longer the Kaide Corporation it used to be.
Fu Huai’an was even more ruthless than Fu Qingquan. Back then, Fu Qingquan didn’t dare control more than 50% of the shares, fearing that the board of directors would be displeased.
However, Fu Huai’an had no qualms at all, holding 53.4% of the shares now.
It was as good as Fu Huai’an entirely calling the shots!
Actually, all those years, they had watched as Fu Huai’an brought the Kaide Corporation to its current strong and powerful state. If he hadn’t used such tough methods, perhaps the Kaide Corporation wouldn’t be able to become a giant corporation that could stand shoulder-to-shoulder with the Jiahe Corporation in merely a few years.
But when Fu Huai’an used his tough tactics upon them, they couldn’t get used to it.
Perhaps because he didn’t receive a response from Secretary Song, after some hesitation, Director Wang called Fu Qingquan directly.
Director Wang even exaggerated over the phone about how arrogant Little Lu was, talking about how Little Lu had said that the appointment of personnel at the Kaide Corporation only required Fu Huai’an’s consent!
Director Wang went on a rant about how Fu Qingquan should take his maternal grandson, Fu Huai’an, in hand, and not let him treat himself as the emperor of the Kaide Corporation. So what if he held 53.4% of the shares? How could he treat an elder with such disrespect!
Fu Qingquan hung up the call. Although it was what he expected, he was still angered to the point that his chest ached.
Director Fang, who also didn’t attend the board meeting, called Old Madam Fu instead. Director Fang thought about how Secretary Song had contacted them in secret and asked them not to participate in the board meeting. From that, he understood that there must be a huge disagreement between Fu Qingquan and Fu Huai’an and figured that Fu Qingquan likely wouldn’t be able to take Fu Huai’an in hand.
Director Fang’s purpose in calling Old Madam Fu was that he hoped for her to speak up for him before Fu Huai’an.
Seeing as Fu Qingquan’s reign was over, Director Fang wanted to change sides and suck up to Fu Huai’an instead. Hence he told Old Madam Fu that it was Fu Qingquan’s right-hand man, Secretary Song, who threatened him, telling him not to attend the board meeting.
Hearing Director Fang talk about the board meeting, Old Madam Fu looked at the newly-appointed management-level executive list on her tablet computer, feeling an unprecedented joy.
Old Madam Fu hung up the phone, then turned to ask Housekeeper Ye, “Do you know which ward Fu Qingquan is staying in?”
Housekeeper Ye, who had just brought in water to boil Old Madam Fu some goji berry tea, turned his head. He gazed at the jubilant Old Madam Fu and asked, “Is Old Madam going over to visit Old Master?”
After Fu Qingquan had stopped the doctor from rescuing Old Madam Fu the last time, Housekeeper Ye no longer held hopes that Old Madam Fu and Old Master Fu could reconcile.
After all, things got way too out of hand the last time.
But if Old Madam Fu was willing to forgive him, then the two of them could still possibly make up!
1Considering that they had been living together as a married couple for a lifetime, it wasn’t right for them to fall out so badly that they vowed never to see each other again!
Just now, Housekeeper Ye went to visit Fu Qingquan for a short while. After all, the latter was Housekeeper Ye’s ex-employer, so he still cared about Fu Qingquan.
Old Madam Fu nodded, a smile curling up on her lips. How could she miss such a great opportunity to mock Fu Qingquan?
Housekeeper Ye thought that Old Madam Fu had heeded his advice and forgiven Old Master Fu for being too anxious in wanting to save his son then. He hurriedly said, “Upstairs. Shall I push you there?”
“I haven’t touched the soup you brought from home. Bring it with you, and we’ll go upstairs to see him together!”
Hearing this, Housekeeper Ye was even happier, constantly nodding. “Aye! Sure, sure…”
Old Madam Fu, who was leaning against the bed, felt incredibly comfortable at the thought of Fu Qingquan’s facial features twisted in anger.
Before Old Madam Fu arrived at Fu Qingquan’s ward, Fu Qingquan and Secretary Song were discussing how to rescue Fu Cheng from Old Master Wang’s place.
Fu Qingquan had already been forced to resign from his position as the chairman, and he was too old to fight for it back.
His own son, Fu Tianci, was a let-down, so Fu Qingquan naturally thought of Fu Cheng.
Fu Qingquan believed in checks and balances all his life. With Fu Huai’an solely calling the shots at the Kaide Corporation now, the rest of the board of directors could do nothing about him. He feared that Fu Huai’an’s head would get too big and lead the Kaide Corporation to its downfall.
When Fu Qingquan was young, he had seen too many such examples. He feared that the fruit of his labor of a lifetime would be ruined in Fu Huai’an’s hands. He also feared that after he passed away, the Kaide Corporation would collapse, and Fu Tianci would have nothing to live on.
He was pleased with the outcome of Fu Huai’an staying on at the Kaide Corporation, but he was unhappy with the fact that there was no one to hold him in check. Therefore, he wanted to push out a person and make sure that Fu Huai’an didn’t get to act as he pleased at the Kaide Corporation.
Secretary Song poured Fu Qingquan a cup of water and said, standing at the foot of the bed, “After I went to Old Master Wang’s place and didn’t manage to rescue Young Master Fu Cheng, Young Mistress called the cops. But with Vice-Director Fang holding the matter down, no one could do anything about it! There are only two ways to resolve this. One is to get President Fu to settle the matter, while the other is to do something from Vice-Director Fang’s side.”