Not long after, the door of the conference room was pushed open by the secretary and Park Junwan walked in.
He nodded to everyone present.
When it was Park Jin Hyuk's turn, Park Jun Wan stopped and stared at Park Jin Hyuk with a grim face.
“Why didn’t you answer my call?”
“It’s just too busy.”
"I went to look for you, did you know that?"
“I wasn’t at the company at the time.”
"Then why didn't you call me back?"
"Been busy with other urgent matters."
"No matter how busy you are, can you be as busy as me?"
"I attended the DS Energy creditors' meeting on your behalf. Did you know that?"
Facing Park Junwan's questioning, Park Jin Hyuk answered politely.
Park Junwan turned around and sat down in the chairman's seat, then announced:
"Let's have a meeting. I believe everyone knows the reason for holding the board meeting today."
The atmosphere in the conference room was very heavy.
Park Junwan continued:
"In a short while, a meeting of the group's senior management will be held, and the meeting will also be broadcast live to all subsidiaries."
Park Junwan paused and said word by word:
"I plan to step down from the position of president."
“President!”
Everyone present was shocked.
I thought today's meeting was to discuss how to solve the crisis facing the company.
"President, how could you make such a decision?"
"There's no way around it. This is the creditor's request."
"That can't be agreed to. You can negotiate with the creditors."
"Yes, if you step down now, who will clean up the current situation?"
After saying this, the independent director glanced at Park Jin Hyuk.
Park Junwan said in a sad tone:
"DS Group has always advocated openness, transparency, and responsibility. If I continue to hold this position, I will be violating these principles and will be unable to account to society and the people. I will honor these commitments and step down as chairman."
"Then who will inherit...?"
The director was halfway through his speech when he couldn't continue.
Park Junwan said calmly:
"I suggest that Park Jin-hyuk, chairman of DS Telecom, be the next chairman. Before the proposal is submitted to the shareholders' meeting, it must first be approved by the board of directors, so I would like to hear your opinions first."
Park Junwan's decision was so sudden that everyone in the conference room fell silent.
One of the advisors was about to say something, but before he could open his mouth, Park Jin Hyuk spoke first:
"...I'm afraid it's not appropriate for me to be the guild leader at this time."
Park Jin Hyuk actually raised objections.
Everyone, including Park Junwan, was a little surprised.
"Not appropriate? What do you mean?"
"Just because I'm your son doesn't mean I can take the chairman's seat. While DS Group can be considered the Park family's business, it concerns the livelihoods of tens of thousands of employees and their families. I don't think it's appropriate to pass it from father to son."
Park Junwan said:
"You shouldn't be saying this."
"If it makes sense, what does it matter who says it?"
"This is the condition proposed by the creditor, and I agree to it. From now on, you only need to think about how to take over."
"Why do they put forward such conditions?"
Park Junwan didn't answer.
Park Jin Hyuk continued with a smile:
"What is the purpose? I believe everyone here wants to know."
Everyone present was indeed looking at Park Jun-wan.
"You mean you don't want to be the president?"
Park Jin Hyuk stood up and said:
"Based on the shares I hold, I'm fully qualified to be the chairman or president of DS Corporation. However, if someone my age were to become chairman or president, there would definitely be opposition..."
He looked around at everyone.
"Because this is in South Korea, a country that is extremely particular about age and seniority, in such a place, if a 30-year-old becomes the chairman, he will definitely be opposed by everyone."
There is no precedent in Korea for a 30-year-old to serve as the chairman of a large group.
"Therefore, my opinion is that the current president should continue to serve as president and chairman."
"What about you?"
"Please give me the position of Director of the Business Strategy Office."
"Head of the Business Strategy Office?"
There is indeed a business strategy office under Park Jun-wan, and Secretary Huang serves as the director, but this department is in name only and has no actual functions or powers.
Why did Park Jin Hyuk become the head of such a department?
Facing Park Junwan's puzzled look, Park Jin Hyuk explained:
"I need you to grant the Business Strategy Office all authority over the group's operations and raise the rank of its director to vice president. From this position, I will lead the entire group out of the current crisis. After overcoming the current crisis, I will consider the issue of becoming president."
"You want to be responsible for overcoming this crisis? Do you know what that means?"
"Of course I know, that's why I'm asking you for full operational authorization."
"If you don't accomplish anything as the head of the business strategy department, you probably won't be able to get to where I am."
Park Junwan looked directly at Park Jinhyuk.
"You don't think I'm up to the task, do you?"
Park Jin Hyuk also looked at Park Jun Wan.
"I hope to gain everyone's recognition through my own efforts, and then become the president. Until then, please continue to serve as president."
After a while, Park Junwan said:
"Well, since you are so confident, let's do as you say."
He looked around at everyone.
"Regarding Park Jin Hyuk's appointment as the head of the Business Strategy Office, do you think a vote is still necessary?"
Everyone shook their heads, indicating no objection.
Seeing this, Park Junwan said:
"That's all for today's board meeting...see you later at the executive meeting."
Then he said to Park Jin Hyuk:
"Don't leave yet."
All the participants stood up, bowed to Park Jun-man, then bowed to Park Jin-hyuk, and then walked out of the meeting room.
Everyone knew that from this moment on, the dominance of DS Group had shifted to Park Jin Hyuk's hands.
Before Shin Guk-quan could leave the meeting room, Park Jin-hyuk called him.
"Vice President Xin, please go back and hand over your work, then retire and go home."
"this……?"
"I assume you're mentally prepared for this. You're aware of what you've done, aren't you? Please complete your retirement procedures before the Business Strategy Office officially opens."
Park Jin Hyuk's voice was not loud, but there was a murderous aura in his tone.
Xin Guoquan quickly turned to look at Park Junwan, hoping that he could plead for him, but Park Junwan turned his face away.
Seeing this, Xin Guoquan sighed and walked out dejectedly.
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