blackstone code

Chapter 1510 Resignation
In the second half of the year, a very explosive news happened in the upper class of the Federation. It is rumored that Mr. Wardrick is resigning from the consortium, resigning from the position of the president and the board of directors of the group company, and will deliver the shares in accordance with the group company system .

If it was just an ordinary little person doing this, then this would definitely not be news, but explosive news.

But when the hero of this story becomes Mr. Wardrick, it is different!

Mr. Wardrick has worked in the group company for at least 20 years. He has been working in the group company since he was very young, but his position was not so high at the beginning.

Just an ordinary group company middle management.

Although his start was already an end that many people could not even dream of, he still worked hard and entered the company's board of directors in a short period of time, and held important management positions.

Over the years, Mr. Wardrick has conquered everyone with his excellent performance, including the board of directors and shareholders of the group company, and finally he was able to take charge of the entire group company.

As the head of the consortium of the "younger" generation of the Federation, Mr. Wardrick's ability has been affirmed by everyone.

Many people think that he will retire in this position, maybe in a few years when he gets older, he will hide behind the scenes, such as serving as the chairman of the board of directors instead of the president of the consortium, but at least he will still stay in the consortium.

No one expected that such a day would come. Without any warning, he submitted his resignation letter to the group company with a firm attitude.

"If you have any grievances with any of them, you can talk to me alone, and I will take care of these things."

"But about resignation, don't joke with us, it's not a funny joke!"

In a study room, an old man sat on the sofa not far from Mr. Wardrick, softly, with some comforting tone, trying to dissuade Mr. Wardrick's decision as much as possible.

Since the news was leaked, the stock prices of the group company itself and a large number of subsidiaries have fluctuated abnormally.

The stock price fell, causing the profits of the entire consortium to be affected.

Why do those big capitalists like to play finance?
Because finance comes to money faster!

If you hire 1 people to work hard for a year, the profit may only be 100 million, but for those who play with finance.

They pick up a stone from the ground and convince others that the stone is worth 100 million, and if they sell it, they can earn 100 million!

NO COSTS AND LOW TAXES!

This sounds a little ridiculous, a little funny, maybe no one is so stupid as to think that a stone is worth a million.

But the reality is just the opposite. As long as the packaging is good, there are many people who are willing to believe that it is worth 100 million.

The financial industry makes money so fast that many people have become super rich before they realize it.

But the loss is also very fast, just like now, because of the influence of Mr. Wardrick's resignation, the stock price has fallen a lot.

Shareholders have a lot of complaints, which also makes the board of directors very headache.

They found the old man, the former chairman of the board of directors, and one of the major shareholders of the current group company to persuade Mr. Wardrick.

In the eyes of these people, it may have been a mean device employed by Mr. Warderick.

He pretended that he was going to give up to give himself more room to maneuver, pushing the consortium to the edge of a cliff.

And what made him do this must be the fact that the board of directors challenged him before.

When almost no one expressed dissatisfaction with him now, he began to settle old scores.

The board of directors and shareholders all said that as long as the stock price can be stabilized first, it is not unacceptable to make appropriate concessions to him on the board of directors.

But in fact, the problem does not come from here.

Mr. Wardrick looked at the old man in front of him with a guilty expression on his face. As for how much of it was true, only he knew.

The former chairman of the board of directors can be said to be a very important figure in the growth of the consortium. He can be regarded as his "mentor" and has given him a lot of help.

But at this time, Mr. Wardrick did not give a positive and positive response to the old man's request as before.

He just said softly, "I'm sorry, I can't do this."

The old man was a little puzzled, "I don't quite understand, do you want more power?"

"But you should know that the chairman of the board of directors and the president cannot be held by the same person. This is a rule that we jointly established, and no one can be an exception!"

The chairman of the board of directors controls the group company, that is, the personnel arrangement and development direction of the entire consortium, while the executive president is the specific executor.

The planners and executors are separated, the purpose is to avoid a "dictator" in the consortium.

It is easy for everyone to fall into the abyss with his sudden crazy idea when one person decides how to develop in the future, and then he executes every step of the plan by himself.

So to separate these two parts, if the development plan made by the board of directors for the company seems to be stupid, the president can not implement it at all and initiate a general meeting of shareholders to ask the board of directors to explain the situation, and then the shareholders will vote to decide.

The reverse is also the same, if the president has some ideas that he shouldn't have, it will be difficult to actually implement them.

Because every step of the group company has a rough plan, if you do something beyond the plan, you must explain the situation to the board of directors.

Why do you act outside the scope of the board of directors? If you can't justify it, you will face investigation or even suspension.

Therefore, the chairman of the board of directors and the president are not allowed to be held by the same person, which makes Mr. Wardrick always feel some pressure in the board of directors.

He wants to gain more and more important positions and more power, so he will naturally conflict with the board of directors.

The dissatisfaction of the board of directors with him was directly reflected in his work, which restricted some of his rights.

Although it was Mr. Warderick who ultimately won, his feud with the chairman and other members of the board was well known.

So the old man felt that this time it might be a means.

The board of directors has always said that he has too much power, and now he simply handed over the power directly. This step back has pushed the board to the edge of a cliff, which is very clever.

But... now it looks like that doesn't seem to be the case?
The old man was a little confused, "Maybe we should hear what you want to say."

Mr. Wardrick smiled, "Actually, I did this for Severella."

The old man raised his eyebrows, "Little girl, I remember her."

Mr. Wardrick nodded slightly, "Yes, it is her."

"I am not young anymore, and I will almost retire in ten years at most."

"My current industry is too deeply entangled with the interests of the consortium. I'm afraid she won't be a match for those people."

The latter sentence sounded a bit awkward, but the old man understood it.

The interest relationship between Mr. Wardrick and his wife's family property and the consortium is too deep, and the two parties can be said to be tied together.

When Mr. Wardrick was in charge of the family power himself, his ability and wisdom made him not afraid to fight the old things of the consortium.

Those people, who appear to be human, are actually not quite human anymore.

They are the epitome of capital. As long as there is interest and possibility, they don't mind dismembering the property of a shareholder or board member and turning it into a nutrient for their own development.

Severe couldn't compete with those old foxes. Mr. Wardrick was worried about this, so he simply withdrew early and dismantled his own property and the property of the consortium.

In this way, after he retires and Severella comes to power, she holds absolute power, and no one can threaten her status, wealth, or even life.

The old man sighed after listening. If Mr. Wardrick had other reasons, such as to obtain more company shares, he would have a way to persuade Mr. Wardrick.

But he is for the children, for the family, and this is the core social value in the federation!

You can tell a person to make some sacrifices for the country, for the glory, for the company, or for others, but in this sacrifice, there should be no family and family members. This is a forbidden area that must not be touched.

paving the way for kids...

The old man blinked his eyes, feeling a little dry. He is not the kind of person who is easily moved. If he were an emotional person, he would not be able to achieve what he is today.

As a capitalist, he has to do something to benefit himself by hurting others.

"Looks like I can't persuade you to...", he considered, and finally sighed, "I'll make it clear to them, but they might..."

"You know, you made them lose a lot of money, they won't end it so easily, and you left the consortium, they can completely target you, you have to be prepared!"

In an organization like a consortium, you can join with your wealth, but you cannot leave with what belongs to you.

Because as long as you come in, all your things belong to the consortium, not to you personally!

You want to take something from the consortium?
The capitalists of the Federation will enthusiastically tell you that this is impossible!
Mr. Warderick grinned. He wasn't worried about this at all. He leaned back on the back of the sofa with a calm demeanor.

"If they are not afraid of breaking their own teeth, they can try it."

"I was not afraid of them before, I am not afraid of them now, and I will not be afraid of them in the future!"

Looking at Mr. Wardrick's expression and feeling his attitude, the old man couldn't help but sighed, "You are still the same as before. It's good to be young, Wardrick."

"Youth gives us the courage to challenge anyone who wants us to bow, whether that guy is a bunch of ugly capitalists, or nature, they can't make young souls bow their heads..."

The old man thought of himself.

envious.

envy. 1511
(End of this chapter)