Chapter 169 Overseas high-level shock, Chanel president shocked!
At Chanel's headquarters.
The company's top executives were shocked.
Because Chanel is the world's top luxury brand, the share of its major shareholders has not changed for a long time.
If you want to buy the shares of a major shareholder, you want to spend a huge price.
More than 10 billion in cash is not a small number.
Even though many big bosses in China have so much money, most people don't have that much cash in their hands.
Many fixed assets, share shares, and company valuations are not so easy to realize at once.
There are very few people who can afford so much money.
Moreover, the major shareholders of these luxury goods companies will not sell so many shares easily.
Every year just lying around and making profits is a huge amount of money, and you will have money that you can't spend all your life.
But today, the company's second-largest shareholder announced his retirement.
And his shares were transferred to a young man from China, Lin Fan.
Everyone in the company is speculating on Lin Fan's background.
But no one can guess it.
Lin Fan is definitely not a simple person who can obtain so many shares.
From now on, Lin Fan will also be a senior executive at Chanel headquarters.
The second largest shareholder is the boss after the first largest shareholder.
"Everyone, no matter how many things there are, from now on, Lin Fan will be the second largest shareholder of Chanel. He has the power to convene the board of directors in the company. Lin Fan also has a lot of decision-making power in the company."
"From now on, everyone in the company must respect Lin Fan very much. Lin Fan will be the second largest shareholder of our company in the future. Everyone must do this."
"Moreover, everyone must unanimously keep Lin Fan's identity secret. All employees must sign a confidentiality agreement and cannot disclose it."
"If Lin Fan comes to branches around the world, he must be received with the highest etiquette and scale. At the same time, especially the branches in the Magic City of China, he must pay special attention." Chanel's president said.
All members of the company's board of directors nodded.
Although 10% of the shares is not much, within a company, it is equivalent to one-tenth of Chanel's market value.
Such shares are already terrifyingly high.
Lin Fan even had great decision-making power in some meetings.
Of course, other shareholders of the company can also object to Lin Fan, but with so many shares, Lin Fan has a veto right when the company makes any decisions in the future!
Chanel's company is special. It is different from domestic joint-stock companies. Domestic joint-stock companies need to hold 33.4% of the shares to have a veto power.
But it's different at Chanel.
Lin Fan is the absolute top member of the board of directors, and the average board of directors will not reject Lin Fan.
Lin Fan's decision can even affect the fate of the entire Chanel company!
After the president of Chanel finished speaking, Lin Fan's photo was secretly sent to many employees of the company.
For a luxury brand as big as Chanel, no employees will directly disobey the headquarters' instructions.
Moreover, all employees will sign confidentiality agreements, so that Lin Fan's identity will not be discovered by outsiders.
After seeing Lin Fan's photo, all the employees in branches around the world, especially the branch in Shanghai, looked shocked.
"Holy shit, shit, our second largest shareholder of Chanel is actually Lin Fan!"
"I know Lin Fan, he acted in "Legend of Sword and Fairy", it was so good!"
"Be careful what you say. Call me Mr. Lin. It turns out that Mr. Lin is so powerful."
"Yes, Mr. Lin will be the major shareholder of our company in the future. We must receive Mr. Lin well."
Everyone in the Magic City branch was amazed. After all, Lin Fan's identity now exceeded everyone's imagination.
At Chanel's headquarters, everyone was shocked!
At the same time, the president of Chanel said in person: "I'm going to fly my private jet right away. I want to go to the Magic City of China in person to meet our company's second largest shareholder, Lin Fan!"
"If Lin Fan puts forward any different opinions on the company's development, I have to listen carefully, at least to see if Lin Fan has a new direction for the company's development."
After Chanel's president made the decision, he personally boarded a private plane and traveled under the stars at night, preparing to go to Shanghai to meet the company's second largest shareholder, Lin Fan.
Seeing the attitude of the president of Chanel, all the senior executives in Chanel headquarters looked shocked.
"The boss is so surprising. His time is so precious that he usually doesn't want to meet anyone, but this time he wants to go to China to meet Lin Fan in person."
"Of course I want to meet. Lin Fan is the second largest shareholder of our company. It is no exaggeration to say that Lin Fan plays a great role in the future development of our company."
"You know, our boss only holds 11.3% of the company's shares. If Mr. Lin wants to interfere in the company's affairs, even the boss will never be able to stop him!"
"Of course, the boss can join forces with the board of directors to target Mr. Lin, but in this case, he will completely offend Mr. Lin and the company's senior management, which will have an important impact on the future of the entire company!"
"It doesn't matter that the current boss of our company is Bruno Pavlovsky, but if Mr. Lin really wants to fight, maybe the boss of our company will be replaced."
"Yes, Mr. Lin plays a vital role in the lifeblood of our company, so even the president has to meet Mr. Lin in person, at least to know Mr. Lin's attitude towards the development of our company."
"How awesome is Lin Fan in China? I just looked up the information. I heard that he is an actor, a master screenwriter, and a master director. The "Legend of Sword and Fairy" directed by him is very good."
"No, no, no, you decided to think simply. This is just Mr. Lin's superficial identity. You can't find out his true identity. It's like outsiders know Mr. Lin is an actor when they see him, but will they never know?
Mr. Lin is also the major shareholder of our Chanel company!"
"So, we don't know if Mr. Lin has other identities. Of course, this is absolutely certain. If this were not the case, Mr. Lin would never be able to buy such a large share of our company."
"It seems that Mr. Lin not only has status, but also has a very high status!"
So today, Lin Fan, who had just become the second largest shareholder of Chanel and the president of Chanel, set off in person and took a plane to the Magic City.
He wanted to meet Lin Fan, and even more to see Lin Fan's attitude towards the company's future development!
Lin Fan's current importance to the entire Chanel company is self-evident!
