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American Fortune Life - Chapter 1928

Published at 7th of November 2021 07:48:41 AM


Chapter 1928: 1928

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In April, apple ranked first among the top 40 companies in the S & P 500 index, with a market value of $27.4 billion. What's interesting is that Apple CEO Steve Jobs ranks the second lowest on equilar's list of 198 CEOs in 2008 with an annual salary of $1.

Of course, the reason jobs doesn't want an annual salary is because he has better things to get, apple stock awards.

As you know, since December 31, 2008, Apple's share price has increased from $85.35 to $115.99 on July 3, with an increase of 35.9%. Its market value has increased by $27.424.7 billion, ranking first. IBM's market value has increased by $24.809 billion, ranking second. Google's market value has increased by $20.143.7 billion, ranking third.

There is no doubt that the biggest winner is Andy Smith. After all, he has invested a lot of money to copy the U.S. stock market, and whether it is apple, IBM or Google, they are all the heavyweight shares in his investment mix.

In the conference room, Andy looks at jobs who is talking to his iron brother cook. While thinking about this, the last member of the board of directors comes in with a smile, "sorry, I'm not late..."

Andy saw each other's arrival, and his smile became more and more brilliant. There are eight members of Apple's board of directors, including Andy, who is a member of the board of directors of a large number of shareholders, and the current CEO of Google Schmidt came in to greet everyone.

Trust Eric Schmidt, Google's CEO, and recruit him as a member of Apple's board. Jobs has seen it as his biggest mistake.

Jobs believes that Android system plagiarizes Apple system, all of which is due to Schmidt's access to Apple's core business secrets as a member of Apple's board of directors. Google's Android system will be able to quickly change the direction of design. That's why jobs persuaded the board to fire Schmidt.

It's just that jobs never thought that although he persuaded other board members, they would let Andy take over as Schmidt's board member.

Andy is also very grateful for Schmidt's recommendation, so they are very close to each other, sitting next to each other and laughing.

In the modern corporate governance structure, the board of directors is the highest authority of listed companies. However, Apple's directors are nominated by the board of directors and approved by the general meeting of shareholders. Who is the director has little to do with the shareholders.

For a long time, the directors of apple have been disdainful to the shareholders, because they feel that they have made a lot of money for the shareholders, and they don't care much about the so-called pressure of the shareholders, which is also their morale. For example, although Apple has a huge amount of cash in hand, Apple has not been divided into red since 1995, which is called super rust free Steel cock.

Apple's board of directors has the right to nominate directors when the board of directors changes, which enables them to have a stable power transfer system and nominate people they can trust.

Therefore, as long as the board of directors is not divided and there is no internal strife, the board of directors will always control apple. In apple, where there are no actual controllers, and there are more than 2400 individual shareholders and institutional investors in total, it is obviously impossible to unite to clean up the board of directors.

The directors of apple are Steve Jobs, CEO of apple, Tim Cook, c0o of apple, chairman and CEO of Robert AIG Disney, CEO of Jung Binxian Avon, former vice president of Albert Gore, CFO of James bell Boeing, CEO of Eric Schmidt, CEO of Google, Andy Smith, President of Smith media group CEO.

"Well, since we are all here, let's start the meeting." Jobs looked at the directors who were still whispering to each other, coughed twice, attracted the attention of all people, and then went straight to the theme: "the first item of the meeting is about Mr. Schmidt's withdrawal from the board of directors of apple and the candidates to replace him.

Since the launch of Apple's iPhone, it has brought a revolutionary way of touch interaction to mobile devices. Later, Google's Android system caught up with it. However, according to the information obtained, the Android system was completely designed based on the keyboard at the beginning of the design. However, after the advent of IOS, the Android system was rapidly redesigned into a touch screen based mobile control system Unified, it's not too far away from IOS. This kind of behavior is undoubtedly plagiarism...

(cough) Unfortunately, with the announcement of Android and the latest chrome operating system plan, Google is more and more involved in Apple's core business areas, and Mr. Schmidt can do less and less in Apple's board of directors. Because of the potential conflict of interest, he will not have to quit more meetings without avoiding suspicion.

I think this is the right time for Mr. Schmidt to quit the board of directors of apple, and I and other directors have reached a consensus with Mr. Schmidt to quit the board of directors of apple. "

When Jobs said this, there was no smile on his emaciated face. His eyes were bright and sinister, and his words were sharp, which made people uncomfortable. All the directors in the room except cook frowned slightly, and looked at him meaningfully. He thanked schmidt for his polite words of contribution to apple over the years.Andy can't help turning his head to look at the client Schmidt, but he has a smile on his face all the time. He didn't suspect that he stole the secrets and gave Google the rude accusation because of jobs's words. Instead, he waited until the voice fell down and looked at jobs with a serious face. He said with a smile: "I had a good time on the board of apple. This is a great company. But as Jobs said today, we have reached a consensus on this, and it seems like a wise decision for me to leave.

However, for the last board of directors, I will be very conscientious and responsible to fulfill my last board responsibilities. As the director to leave, I hereby formally submit the nomination of director to take over my position in the Remuneration Committee - Andy Smith! "

Andy, with a smile on his face, never left Jobs's face. When Schmidt said his name, Andy obviously saw Jobs's eyes slightly shrunk, his expression became surprised and dignified, and he was still angry. When jobs turned his eyes to Andy, he just looked at Andy's eyes, looked at Andy's light smile, the look on Jobs's face As the gloom grew, cook looked left and right in surprise, hoping to see something in the faces of other directors.

"Ha ha, I think this proposal is good. Andy's achievements are obvious to all in the world. He has strategic decision-making and company management experience, and is absolutely capable of supervising the operation of the company. Social reputation and morality are not to mention. He is definitely the leading model of the young generation in the United States. As a famous strategic entrepreneur, he has rich experience to help The board of directors makes judgment and consultation. I agree! " Former Vice President Albert Gore answered directly with a genial smile.

"Thank you. Thank you for your recognition and praise." Andy smiled and thanked gore. The smile on his handsome face was as bright as the warm sunshine.

"I have no opinion either. I fully agree with Mr. Andy Smith when he takes over the position of compensation committee. His achievements in asset management and venture capital undoubtedly have rich experience, which can bring leadership experience to the board of directors, a valuable and different perspective." Zhong Binxian, CEO of Avon, smiles and nods to Andy.

At this time, the angry expression on Jobs's face is very obvious. Looking at his constantly fluctuating breathing range, he knows that he is stifling the anger in his heart. He knows that he has been fooled by these people. However, he did not lose heart, but said before the fourth person except Andy opened his mouth.

"I also have a candidate here, Larry Ellison, Oracle's CEO, my close friend. The most successful CEO in the past 20 years in the United States ranked 9th. Ellison founded Oracle in 1977. At the beginning of its establishment, he was faced with fierce competition pressure. Through his unremitting efforts, Oracle has been at the forefront of the industry to this day. He also cleverly used Oracle's abundant cash reserves to launch acquisitions with dozens of large companies, and a number of acquisitions have been successful

When Jobs said the name Larry Ellison, the other directors in the meeting room looked at Andy, who was gradually weird with a smile.

At this time, Andy almost laughed at the pig's voice. Well, I don't know where jobs came from. He was so confident that Larry Ellison, a silicon valley maniac, could compete with him. It was a total gimmick, because only the vote of other directors besides Andy was needed, Andy could take over the post of Schmidt, and no one in the room would like him Rielson, the bastard, became a colleague of his own.

Sure enough, although jobs was introducing Larry Ellison's resume, cook frowned even at James bell Boeing's CFO.

"Let's vote!" Robert egger, chairman and CEO of Disney Company, said quietly.

"If you agree Andy Smith to be a director of the compensation committee, please raise your hand --"

"brush!"

"Bang! "Cough, cough..." Jobs looked at all the directors who raised their hands except cook and Andy Smith, coughing violently.

"Steve, are you ok? Do you want to have a rest first? " Andy, who won no sense of achievement, asked with great concern.

"No, thank you! Congratulations, Andy The expression on Jobs's face changed a few times. He forced down the anger in his heart, squeezed out a smile, drank a mouthful, and looked at Andy with burning eyes.

"Thank you. Thank you for your trust and support. I will do my best to do the work assigned to me by the board of directors. Thank you!" Andy stands up and says with a smile on his face.




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