Chapter 272: The beginning of a new round of butterfly change
Everyone couldn't help but look at Ye Hua, who silently opened the water glass and took a sip of water without speaking. At this time, Gao Lang held the copy and continued: "It has been decided that the board of directors of Coastline Group Company will have one chairman and one vice chairman.
, Chairman and Vice Chairman are elected by the Board of Directors. Directors have a three-year term. Upon expiration of their term, they may be re-elected. Before the expiration of their term, the shareholders’ meeting shall not remove them from their posts without reason.”
"The board of directors of Coastline Company will draft nine director seats. The people who will join the board of directors are Mr. Ye Hua, Mr. Liu Wenang, Ms. Qian Qing, Ms. Qiao Wei, Mr. He Hao, Mr. Jing Ping, Mr. Cheng Yangze, Gao Lang, and Xiang Yuansheng.
gentlemen."
After finishing reading, Gao Lang put down the document and sat down. The more than 20 executives present at the meeting immediately applauded enthusiastically. Cheng Yangze and others were naturally very happy. Although other executives who had not been able to join the board of directors were congratulating Jingping and others, they
It is impossible to say that they have no regrets in their hearts.
But the company's board of directors has been officially established, and the company's organizational structure is undoubtedly more complete than before. The next step is to elect the chairman, vice chairman and managing director through the board meeting.
There is no doubt that Ye Hua was unanimously approved to become the chairman of Coastline Group Company, but the formal process must have gone through, and the second position was vice chairman, which was held by He Hao.
Finally, there is the Managing Director.
The so-called managing director refers to the shareholder who handles daily affairs. It is usually a person with relatively prestige and strong execution ability among the board members. He acts as an agent for the board of directors in handling the company's daily "important" affairs, which is equivalent to the responsibilities of the chairman.
There are three positions for the managing directors of the group company, and the people who eventually served as the managing directors were Qiao Wei, Gao Lang, and He Hao.
At this point, the high-level organizational structure of Coastline Group Company has been completed after the reorganization.
More than 20 senior executives attended the meeting. Except for founder Ye Hua, only eight people including Cheng Yangze sat on the board of directors.
Ye Hua could naturally see the regretful looks in other executives' eyes that could not be completely concealed. After a moment, he said calmly: "The company's increase in scale is inseparable from the efforts of everyone here and colleagues from all over the company. Coastline Company is not
It belongs to me alone, but belongs to everyone, and belongs to all those who are moving forward for the common goal."
Everyone also looked at Ye Hua, who looked around the audience and added: "Since it belongs to everyone, then while working together for a common cause, of course we must also participate in sharing the company's residual value. Therefore, I propose to draw up a plan.
The company has launched a new round of allotment plans internally."
Ye Hua's words are undoubtedly words to stabilize the morale of the military, igniting new enthusiasm among the senior executives present who have neither been promoted nor obtained a seat on the board of directors, but at the same time have made great contributions to the development of the company.
hope.
Although there are indeed some shortcomings in joining the board of directors, it does not mean that everything is lost. Ye Hua's announcement of the allotment of shares is undoubtedly their recognition and affirmation, and this is a fair move.
What everyone is thinking now is: I should have a share in the allotment of shares, right? If not, then they can only resign and leave.
Ye Hua naturally knows how to handle the relationships below, and also knows the importance of ensuring the unity of the entire high-level organizational structure and maintaining centripetal force.
After all, no matter how strong the leadership is, it must first be led by someone. If there is no one around or just a group of mediocre people, it can only reflect incompetent leadership. Being able to gather an excellent team around is the embodiment of leadership.
And people at different ranks have different values and pursuits.
Don't talk to ordinary employees about great ideals and other stories. These are all empty-headed. Salary increase is the last word. This is the value appeal of ordinary employees.
As for the core elite class of corporate executives, they have got rid of material demands. Their annual salary can reach several million, and they have no worries about being unemployed. Even if they leave Coastline Company, headhunting companies will soon come to look for them.
And arrange a job with a million-dollar salary.
With this group of people, we should not only talk about ideals and careers, but more importantly, the sense of value identity. There is no doubt that allotment of shares is a very effective manifestation. This may not be the only method, but it is the most typical method, and it is basically
It works.
Allotment of shares is not only a generous material return, but also an affirmation of their work and career contributions. Otherwise, why would they give them allotment of shares? Wouldn’t it be enough to just issue bonuses?
After a while, under Ye Hua's eyes, Gao Lang nodded silently and took out the last copy again to announce the allotment quota.
It is worth mentioning that it has been more than a year since the last share placement, and more than half of the executives attending the meeting actually already hold some shares of Coastline.
The company had already planned 10% of the shares as an option pool to share the remaining value with everyone. This time it launched a new round of allotment plan, and all the executives present gained huge benefits. The most obvious thing is that the data is directly created.
More than twenty billionaires.
The lowest person's allotment is worth 78 million in terms of value, while the highest person is Cheng Yangze, who received the allotment equivalent to a net worth of 530 million, followed by He Hao. After this round of allotment is launched, his net worth is also
It has risen to 300 million, and other members are in the range of 200 million.
Only Xiang Yuansheng did not receive the allotment of shares. He is actually a new entrant in the company's high-level organizational structure, and his own net worth is currently the highest among everyone present except Ye Hua. After all, he controls FSG
A 4.1% stake in Nano, a super-rich man worth tens of billions.
However, as the founder and CEO of Xianfeng Nano, Xiang Yuansheng also sat on the board of directors and obtained a director seat.
This high-level internal meeting finally ended after lasting for two and a half hours. Three major things were accomplished, including establishing the spin-off and reorganization of Coastline Company, the establishment of the group company's board of directors, and the launch of a new round of allotment of shares to share the company's residual value.
For Coastline Company, this meeting is a milestone and the beginning of a new round of changes for this huge business empire.
On the next day, Coastline Company officially announced two major events: the split and reorganization of the company and the establishment of a board of directors. These two major news once again aroused a new round of attention and heated discussion from the outside world.
From now on, Coastline will become a holding group and officially enter a "parent-subsidiary system", and with the extension of controlling rights, there may be a subsidiary company.
It will have seven subsidiaries, namely Coral Reef Technology, Coral Island Technology, Dolphin International Water, Dolphin Travel, Xianfeng Nano, and Cripton Future Media.
As a holding group, Coastline not only has financial control over its subsidiaries, but also has operational control, and has the power to decide on the appointment and dismissal of important personnel and the determination of major policies.
All major subsidiaries are owned by the parent company, but they operate independently from the parent company economically and legally.
For those in the industry, Coastline's spin-off and reorganization plan is the most direct manifestation of the expansion of its business empire. The original company organizational structure can no longer bear its actual scale and volume.
After the spin-off and reorganization, except for Cripton Future Media, each of its subsidiaries is fully capable of assuming the title of a world-class giant.
People are looking at Coastline Company again, and are even more frightened and envious of the power of this technology empire.
