Chapter 756: 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. Before that, he did not understand it. ●⌒,
Among the directors of Microsoft at this time, Feng Yu’s only impression is that the future Microsoft ceo Steve Ballmer, a person who is not the founder and has not invested money, even got a very high stake!
When Microsoft was in the 1986 ipo, Bill Gates held 49% of the shares, Paul Allen held 35 percent, Steve Ballmer 8%, and other employees divided Eighth. Of course, these refer to voting stocks.
When Paul Allen left Microsoft, he invested in a lot of companies, but they all ended in disappointment. Just last year, he invested in a cable company, because he refused his request for increase, he sold all the shares in anger. After the result was sold, the company’s market value rose by 50%.
Paul Allen is also the most stupid investor by many people. Feng Yu is not particularly optimistic about Paul Allen. Maybe Paul Allen was technically and thoughtful, but he was not a qualified manager. He also liked to be personally involved and not willing to give up his power.
Because of the stock, Paul Allen argued with Bill Gates more than once. Bill Gates means that Paul Allen needs to sell Microsoft's shares because he invests in other businesses, which will make them lose their voice in Microsoft. It is better to sell them directly to Bill Gates, and Paul Allen thinks he has sacrificed. Once, I can't suffer any more. For Bill Gates to give Steve Ballmer so many shares, Paul Allen is also quite vocal.
Steve Ballmer, now just the vice president of Microsoft. The remaining directors, except one is the chairman of an investment company, the rest are Microsoft executives, including the chief financial officer, and let Feng Yu accidentally, Microsoft's board of directors, there are only eight.
It seems that Bill Gates’s power is very strong, even directors, then when voting, it is decided by shares. So, Feng Yu’s 2% of the voting shares have no right to speak.
In fact, in history, when Bill Gates retired, Microsoft’s directors increased to ten. After eight years, Microsoft’s directors increased to eleven. At that time, Bill Gates was just an ordinary Directors, even the shareholding ratio, is no longer the first.
Feng Yu looked at it. The person he should draw in is Steve Ballmer, because Steve Ballmer is trusted by Bill Gates and will become the president and ceo of Microsoft in a few years. In particular, his relationship with Paul Allen is still very bad.
If you can fool Steve Ballmer into making mistakes in some decisions in the future, such as Microsoft does not involve hardware, then the chances of rising will increase!
......
A few days later, Microsoft's board meeting was held, and the directors were surprised to see Feng Yu in this conference room. Who is this young man, looking at his face, it seems to be an oriental, how did he come in?
Paul Allen glared at Feng Yu and snorted. Steve Ballmer looked at Feng Yu with great interest. Is this the new director that Bill said?
The other directors didn't know about it at all. They didn't even know. Starting today, the board of directors would have one more member, or a young member.
Only when they saw that the chairman did not say anything, and nodded to the young man, it shows that this person and the chairman know. Seeing Paul Allen's appearance, it seems that he also knows this young man.
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."
The directors were all surprised and surprised. Feng Yu was slightly decapitated, but he did not stand up at all. Other people naturally did not care, after all, Feng Yu's body, to be above them.
However, Paul Allen was very upset. He felt that Feng Yu was not polite, but he did not think about it. He usually did not look at other directors.
"I exchanged some stocks with Paul and Feng, about one percent. That is to say, Feng has 2% of the voting shares. Therefore, 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 the board of directors.
Many people have misunderstandings and believe that board 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 many of them are non-shareholder directors, but they are rarely seen in China.
And generally can enter the board of directors, generally there will be 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 unable to be elected, Bill Gates is very strong at this time for Microsoft's control.
In fact, Bill Gates plus Paul Allen or Steve Ballmer can decide that Feng Yu will enter the board of directors. So today, this is actually not a proposal. It is to inform everyone that it is not good to disagree!
The board of directors is the highest management body elected by the shareholders. It can be elected and naturally it can be removed. Microsoft’s directors have not changed people. Well, anyone who opposed the Bill Gates resolution has been replaced.
Bill Gates is the largest shareholder, chairman, president and ceo in Microsoft. In many small companies, the president and ceo are one person, or simply set up one, but many large companies, due to administrative management More complicated, so the chairman will appoint two people to share the management and check each other.
And Steve Ballmer is the vice president, but what is actually done is the life of the president.
After listening to Bill Gates, the other directors were naturally applauding. Only Paul Allen, as if he had never heard this sentence, was 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 having trouble?
"Well, welcome to this place. Below I propose to appoint Feng as the vice president of Microsoft Asia Pacific, which is mainly responsible for the business of China."
Everyone understands this time. It is no wonder that it is an oriental person. It seems that it should be a Chinese person. Is the company going to enter the Chinese market in a big way?
Steve Ballmer asked at this time: "What business is responsible for China?"
Not waiting for Bill Gates to open, Feng Yu said with a smile: "All. All the business of Huaxia, I have the final say. I don't intervene in any other decision of the company."
Steve Ballmer frowned, and the important market in China, given to such a young man, is it too sloppy? Although Feng is a major shareholder, it may not be a good decision maker.
Why did Bill agree? Is this Chinese person who has a high status in China?
Bill Gates also added: "Feng can help Microsoft completely occupy the Chinese market. You can rest assured. What other proposals do you have today? If not, today's board of directors is over."
This time the board of directors was simply held for Feng Yu.
Steve Ballmer discovered that Feng Yu had smiled at him several times, making him somewhat inexplicable... (to be continued.)