Extraordinary Genius

752. Chapter 752 Chapter Microsoft Board of Directors

Feng Yu said that something is not an excuse, but it is really something. He is looking for someone to inquire about Microsoft’s Board of Directors. He didn’t know it before.

In the board member of Microsoft at this time, the only impression of Feng Yu is that the future Microsoft CEO Steve Ballmer, a person who is not Founder and has no money to invest, even got a very high stake!

At the time of the Microsoft 1986 IPO, Bill Gates held 49% of the shares, Paul Alan held 30% five, Steve Ballmer 8%, and other employees 8%. Of course, these refer to voting stocks.

Paul Allen invested a lot of Corporation in the days when he left Microsoft, but it was a bleak end. Just last year, he invested in the Cable Corporation, because he refused his request for the increase, he sold all the shares in anger. After the result of the sale, the market value of the Corporation increased by 50%.

Paul Allen has also been the stupidest investor by many people. Feng Yu is not particularly optimistic about Paul Alan. Paul Allen may have been technically and creatively motivated, but he is not a qualified manager. He also likes to be personally involved and not willing to give up his power.

Because of the stock, Paul Allen and Bill Gates have argued more than once. Bill Gates means that Paul Alan needs to sell Microsoft’s shares because he invests in other businesses, which will lower their voice at Microsoft. It is better to sell it directly to Bill Gates, and Paul Allen thinks he has sacrificed once. Can no longer suffer. For Bill Gates to give Steve Ballmer so many shares, Paul Allen is also very vocal.

Steve Ballmer is now just a vice president at Microsoft. The remaining board members, except one is a Chairman of the investment Corporation, the rest are Microsoft executives, including the chief financial officer, and let Feng Yu accidentally, Microsoft’s Board of Directors members only eight name.

It seems that Bill Gates’s power is very strong, even board member, then when voting, it is decided by shares. So, Feng Yu, the 2% voting stock, has no right to speak.

In fact, in the history, when Bill Gates retired, Microsoft’s board member was increased to ten. After eight years, Microsoft’s board member was increased to eleven. At that time, Bill Gates was only one. Ordinary board member, and even shareholding ratio, is not the first.

Feng Yu looked at it. The person he should be wooing is Steve Ballmer. Because Steve Ballmer is trusted by Bill Gates, he will become the president and CEO of Microsoft in a few years, especially his relationship with Paul Allen is still very bad.

If you can fool Steve Ballmer into making some mistakes in the future, such as Microsoft does not involve hardware, then the chances of Lenovo’s rise will increase!

……

A few days later, Microsoft’s Board of Directors held a regular meeting, and board members were surprised to see Feng Yu in this conference room. Who is this youngster, looking at the face, it seems to be an oriental, how did he come in?

Paul Allen glanced at Feng Yu, coldly snorted. Steve Ballmer looked at Feng Yu with great interest. Is this the new board member that Bill said?

Other board members didn’t know about it at all. They didn’t even know. Starting today, Board of Directors would have one more member, or a young member.

Only they saw that Chairmanan did not say anything, but also nodded to the youngster, which shows that this person and Chairman know. Look at Paul Allen’s appearance, it seems that he also knows this youngster.

As for who this person is and what they do, they are all confused.

“Today’s Board of Directors, there is one thing to announce. Feng from the East is the mysterious rich who has been buying our shares.”

Those board members all showed a surprised expression, and Feng Yu slammed everyone slightly, but didn’t stand up at all. Others naturally didn’t care. After all, Feng Yu’s net worth was above them.

However, Paul Allen was very upset. He felt that Feng Yu was not polite, but he never thought about it. He usually didn’t look at other board members.

“I exchanged some stocks with Paul and Feng, about 1%, that is, Feng has 2% of voting shares, so I nominate Feng to enter the Board of Directors.”

Bill Gates is a major shareholder and he has the right to nominate Feng Yu to enter the Board of Directors.

Many people have misunderstandings and think that Board of Directors members must be shareholders, but this is not the case. The Board of Directors is elected by the shareholders’ meeting. Of course, the general shareholders will nominate themselves, but there are also many non-shareholder board members, but it is rare in China.

And generally can enter the Board of Directors, generally have equity incentives, and ultimately can become shareholders, even if it is only a small shareholder.

Therefore, Bill Gates is not nominated, Feng Yu can also nominate himself, but Bill Gates does not agree, then Feng Yu is absolutely impossible to be elected, Bill Gates is still very strong at Microsoft’s control.

In fact, Bill Gates plus Paul Allen or Steve Ballmer can decide that Feng Yu enters the Board of Directors, so he is not actually proposing today. It is to inform everyone that others do not agree or not!

The Board of Directors is the highest governing body elected by shareholders. It can be chosen and naturally removed. Microsoft’s board member is not a replacement. Well, anyone who opposed the Bill Gates resolution was replaced.

Bill Gates is the largest shareholder, Chairman, President and CEO in Microsoft Corporation. In many small organizations, the president and CEO are one person, or simply set up one, but in many large organizations, due to administrative comparison Complex, so Chairman will appoint two people to share management and check each other.

Steve Ballmer is the vice president, but what is actually done is the life of the president.

After listening to Bill Gates, the other board members are naturally applauding. Only Paul Allen, as if he didn’t hear the sentence at all, is still sipping coffee.

Everyone looks at Feng Yu, who wants to enter the Board of Directors? Looking at this, Bill Gates is very supportive, and Paul Allen does not support it. Are these two people still in conflict?

“Well, welcome to this place. Below I propose to appoint Feng as the vice president of Microsoft Asia Pacific, responsible for China’s business.”

Everyone understands this time. It is no wonder that it is an oriental person. It seems that it should be China. Is this going to make a big push into the China market?

Steve Ballmer asked at this time: “What business is responsible for China?”

Not waiting for Bill Gates to open, Feng Yu has said with a smile: “All. China’s business, I have the final say. Any other decisions of Corporation, I do not intervene.”

Steve Ballmer frowned, China’s important market, handed over to such a youngster, is it too sloppy? Although Feng is a major shareholder, it may not be a good decision maker.

Why did Bill agree? Does this Chinese person have a high status in China?

Bill Gates added: “Feng can help Microsoft completely occupy the China market. You can rest assured. What other proposals do you have today? If not, today’s Board of Directors is over.”

This Board of Directors was originally held for Feng Yu.

Steve Ballmer found that Feng Yu smiled at him several times, making him somewhat inexplicable…