Chapter 955 Alternation of Old and New
Hearst Group Building.
The annual report meeting was held as scheduled. As the major shareholder, William Hearst, who was already retired, also attended the meeting.
The same Li Zitao did not send any representatives, and he was sitting in his own seat at this moment.
Li Zitao, who holds 23 percent of the shares, is nominally the second largest shareholder of the Hearst Group.
Except for Little William, who holds 38% of Hearst's shares, he has the most shares.
The third largest shareholder is another member of the Hearst family, the second son of William Hearst, John Hearst.
In his hands, he holds 8% of the shares of the Hearst Group.
His fourth son, Randolph Hearst, and fifth son, David Hearst, each hold 5 percent of the shares.
The combined shares of these children are the guarantee of the Hearst family's stable business rights.
It is also William Hearst's confidence that he is not afraid of Li Zitao.
It's just that the dying old lion king forgot that his authority is no longer enough to maintain the stability of the group.
The human heart is the most fickle and elusive thing in the world.
"...This annual report meeting is like this. Compared with last year, the group's profit has improved a lot. I believe that with the support of all shareholders, there will be better results in the future."
Little William stood vigorously on the blackboard, enjoying the attention of everyone.
It's just that in Li Zitao's eyes, his appearance lacked a bit of majesty and style, but it was a bit more comical.
If he wears eyes again, his current image is no different from the head teacher in his memory.
"It will be more like replacing the blackboard with an electronic screen." Li Zitao said to himself.
"Next..." Just when everyone thought the annual report would be over, Little William suddenly spoke again.
William Hearst's expression changed slightly, and he looked at his son with some doubts and sharp eyes.
But Little William didn't care about his father's gaze, and said to himself: "Next, I will submit a new proposal about the re-election of the chairman of the board."
boom.
The entire meeting room seemed to be swept by a twelfth-level storm. Everyone's eyes widened, and they looked at Little William in disbelief.
It was like, 'Is this really William Hearst Jr.? '
The position of chairman of the board of directors has been held by the founder William Hearst Sr. since the establishment of the Hearst Group.
No one has ever wavered about this, even in the most difficult period of the Great Depression for the Hearst Group, no one had the idea of re-election.
And now, this iron law is broken by his son, the new leader of the pride.
"William, do you know what you're talking about?" George was the first to stand up.
Although he lost his previous shares, he still participated in today's annual report meeting as the representative of his younger brother John Hearst.
"William, don't make a decision that you regret." Randolph and David also stood up, looking at him with warning eyes.
Only the old William Hearst, who is the protagonist, is sitting on a chair, looking directly at the face of his son William Jr. with deep and meaningful eyes.
Little William was a little guilty, very, very guilty.
Being under the shadow of his father's majesty for a long time made him very familiar with his father's gaze, as well as the fear engraved in his bones.
But he also knew clearly that when he made up his mind to replace his father and become the new Lion King of the clan, he had no way out.
Moreover, he chose to cooperate with the 'devil'.
Even if he wants to back down, that devil will try his best to make him fall into the abyss.
Turning his gaze to meet Li Zitao's usual smile, Little William secretly gritted his teeth and said calmly, "Now, shareholders, please express your opinion!"
Everyone's hearts jumped again, but they also had other thoughts.
No one has ever dared to challenge William's authority, and people are used to fearing his majesty and strength.
However, when it really happened, they suddenly found that there was nothing terrible about it.
Hearst will not collapse because of this, and the earth will not explode in place.
Even Old William himself seemed a little overwhelmed and weak.
It's just the long-term deterrence and the unwillingness to be the first bird, so that the shareholders present chose to continue to wait and see.
They want to see, what is it that makes little William so crazy?
In fact, everyone guessed the answer in their hearts. From the corner of their eyes, they kept looking at Li Zitao, who was sitting at the other end of the long table and kept a gentlemanly smile.
The rest of the shareholders were quite restrained, and the children of the Hearst family looked at him with rising flames, as if they wanted to burn Li Zitao on the spot.
It's a pity that this anger didn't hurt him at all, instead it made them very angry with themselves, feeling that their whole body was burning.
"Haha..." A heroic laugh sounded, and Old William stood up vigorously with his crutches on his back, showing signs of returning to life.
Looking at his favorite son, Old William was a little relieved, dissatisfied, annoyed and regretful.
Little William couldn't understand the complicated emotions for a while, and the guilt and timidity in his heart made him choose to turn his head away from his father.
"Then, let's vote now!" Old William didn't say a word.
vote!
"I agree that William Jr. will be the chairman of the board. It's time for young people to dominate the world." As expected, it was Li Zitao who spoke.
Seeing the answer they wanted, shareholders breathed a sigh of relief, and at the same time, shareholders began to hesitate. How should they choose?
It's not good to offend Li Zitao, but is Little William capable enough to become Hearst's new captain, and can he 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 when Li Zitao spoke, this resolution represented a signal for the two sides to go to war.
Now is the time to stand in line. Those who are vacillating will only be regarded as enemies by both sides.
New and old, young and old, the gap in shares and Li Zitao's past behavior and performance, let them make a suitable choice.
"I agree."
"I agree."
"I agree."
The frequency of raising hands is getting faster and faster. Except for the members of the Hearst family, the rest of the shareholders voted in favor.
9 to 3, the position of chairman of the board of directors changed hands.
"You..." George pointed angrily at the shareholders present.
They either looked away, or chose to look at it calmly, without any fear or indebtedness.
Business is business, and the fact will not be changed by a single threat. Li Zitao's goal of taking down the Hearst Group is one step closer.
"Very good, you have finally grown up." Without any frustration or anger, Old William came to his son and pressed his shoulder hard.
Old William said with some regret: "It's just that you chose the wrong partner."
The members of the Hearst family followed the old William to leave the stage. This annual report meeting is now over, and there will be no further changes.
Old William, the giant who single-handedly founded the Hearst newspaper empire.
The era and stage that belonged to him came to an end.