This proposal hadn't been discussed before, but now that it's brought up, everyone's chattering away, especially the middle and senior management. They think that if they could get rid of the old guard like Wei Yandan, Zhu Lidong, and Liu Cheng, then the lower-level staff would have a chance to rise.
Once the team grows large, all sorts of people come into play. Starting this year, many people are not convinced by these individuals, believing that they only joined early and that in terms of actual ability, they are far inferior.
John glanced at Goodley beside him and asked in a low voice, "How is it?"
“Just an idiot,” Goodley said dismissively.
John glanced in the direction of Su Yourong, then turned back and said, "I think there is a lack of oversight in the senior management of the group, especially in terms of overseeing the interests of the board of directors and shareholders. Even the board secretary is a position held by Mr. Zhu Lidong. To be honest, although Jiafeng Group is a large international enterprise, it still operates like a family business."
"Disorganized senior management is a huge drawback for the long-term development of a company. Everything needs to be standardized. Schroder Group has sent teams to some departments, but there is still a lack of leadership at the senior level. I think it is very necessary to add a president or director position. This position is not restricted by the management and is directly responsible to the board of directors. They have the right to know about the internal affairs of the group and report to the board members."
John glanced to both sides and asked, "What do you all think?"
No one spoke at first. Everyone knew that the executives listened to Lu Feng. Now, arranging this position was just like installing a camera next to Lu Feng!
After a brief silence, Yang Fuqun from the back row was the first to jump out and shout, "I agree, I think it's absolutely necessary."
Instantly, all eyes were on him. This engineer from the R&D company was truly shining today. Lu Feng glanced back at him, then looked at Liu Cheng.
Facing Lu Feng's gaze, Liu Cheng forced an awkward smile. This time, he really couldn't protect him anymore; he might have to stay at the group headquarters forever.
“Anyone who thinks this proposal is necessary can raise their hand. We are very democratic. If 50% of the shares agree, then this is absolutely necessary,” John said, raising his hand.
Wei Yandan and the others looked at each other. The scene was quite delicate. Su Yourong fiddled with the pen in her hand, raised her hand, and the representative of Goldman Sachs Hong Kong branch not far away also raised his hand.
Lu Feng's gaze passed through John's face and landed on Su Yourong, who also looked over at him with a smile.
John smiled and said, "Exactly fifty percent. What does Mr. Lu think about this?"
"I think this matter can be discussed further..."
Before Lu Feng could finish speaking, John interrupted him, saying, "Discuss it again? There's a lot to do after this. We haven't even figured out the 120 million issue yet."
Lu Feng was immediately put back down by those words. He forced a smile, raised his hand, and said with a grin, "Approved! Agreed!"
"Should we create a group director position, or some other position?" John thought for a moment and said, "How about this, let's create a group executive president position, one level higher than vice president but lower than group president? I'd like to recommend Mr. Goodley, who is sitting next to me. What do you think?"
Things have come to this point, and it's clear that the initiative is no longer in Lu Feng's hands. Now, it's up to others to decide who to push forward.
Feng Zhiyao was quite dissatisfied with Su Yourong voting for John. He frowned slightly, looked at Su Yourong who was a seat away, and snorted coldly. Su Yourong heard this and looked at his angry appearance, saying, "What are you snorting about? If your father were here and saw you like this, he would probably die of anger on the spot."
"Even if you die, my father won't die," Feng Zhiyao said through gritted teeth. "Traitor!"
"Traitor?" Su Yourong couldn't help but chuckle for a moment, and said in a low voice, "Come on, are you sure your dad didn't tell you anything before you came here?"
Remembering Mr. Feng's instructions, Feng Zhiyao sat there silently, but he felt that this scene put Brother Feng in a very passive position.
The event proceeded smoothly, with Mr. Goodley being appointed as the Executive President of Jiafeng Group. Amid applause, Goodley took the stage and spoke briefly in Chinese, expressing his determination to live up to expectations and safeguard the interests of all shareholders.
"Now, let's move on to the next item on the agenda." The host glanced at the cards in his hand, then looked up and said, "As we all know, Jiafeng Group is a young, powerful, and technologically advanced international enterprise. So how did this skyscraper rise from the ground? We must remember those who dug the well when we drink from it... Excuse me, but we must remember those who dug the well when we drink from it. We need to trace the source and give Jiafeng a history!"
"Mr. Lu Feng, the founder of Jiafeng Group, came to Suzhou alone in 1990 and started his business in an abandoned factory. Since then, Jiafeng Group has developed rapidly, with televisions as its main product. In less than a year, it covered the entire Jiangsu Province and then expanded to the whole country. In 1991, it acquired a copper company and in 1992, a research and development company was established. Behind every step is the shadow of his hard work."
"I don't know how many nights they have spent working hard and striving, just to make the best products available to every household. Mr. Lu Feng, as the founder, has devoted himself to this cause these days and is truly a people's entrepreneur. I would like to say from the bottom of my heart, thank you for your hard work."
A round of applause erupted from the audience. Lu Feng smiled helplessly and clapped along. He already had a pretty good idea of what was coming next.
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