BXBX NOVEL Chapter 168 - The Overseas Executives Are Shocked, The CEO of Chanel Is
Chapter 168: The Overseas Executives Are Shocked, The CEO of Chanel Is Stunned! _ 1
At Chanel’s headquarters.
The company’s higher-ups were shocked.
Because Chanel was the world’s top luxury brand, the amount of shares each major shareholder held had not changed for a long time.
If one wanted to buy the shares of a major shareholder, they had to pay a huge price.
Ten billion yuan in cash was not a small number.
Even if many big bosses in China had so much money, most people did not have so much cash.
Many fixed assets, shares, and company valuations could not be converted into cash so easily.
There were very few people who could afford so much money.
Furthermore, the major shareholders of these luxury companies would not sell so many shares so easily.
They could earn an astronomical figure in dividends every year even when lying down. They would have endless money to spend for the rest of their lives.
But today, the company’s second-largest shareholder announced his withdrawal.
And his shares had been transferred to a young man from China, Lin Fan.
Everyone in the company was guessing Lin Fan’s background.
But no one could guess.
To be able to obtain so many shares, Lin Fan was definitely not a simple person.
From now on, Lin Fan would be a higher-up in Chanel’s headquarters.
The second-largest shareholder was the big boss second only to the largest shareholder.
“Everyone, no matter what, from today onwards, Lin Fan will be the second-largest shareholder of Chanel. He has the right to hold a board meeting in the company. Lin Fan also has a lot of decision-making power in the company.”
“In the future, no matter who it is in the company, they have to be very respectful to Lin Fan. Lin Fan will be the second-largest shareholder of our company in the future. Everyone has to do this.”
“Also, everyone has to keep Lin Fan’s identity a secret. All the employees have to sign a confidentiality agreement and can’t reveal his identity.”
“If Lin Fan comes to any branch company in the world, he has to be received with the highest etiquette and scale. At the same time, especially in China’s Shanghai branch company, you have to be especially careful,” the CEO of Chanel said.
All the members of the company’s board of directors nodded.
Although 10% of the shares was not a lot, in a company, it was equivalent to one-tenth of Chanel’s market value.
Such an amount of shares was already terrifyingly high.
Lin Fan even had a lot of decision-making power in some meetings.
Of course, the other shareholders of the company could also oppose Lin Fan. However, Lin Fan had so many shares. In the future, when the company made any decisions, he would have the right to veto!
Chanel was special. It was different from domestic equity companies. Domestic equity companies needed a shareholder to hold 33.4% of the shares before they could have veto power.
But it was different in Chanel.
Lin Fan was an absolute high-level member of the board of directors. Ordinary members of the board of directors wouldn’t reject Lin Fan.
Lin Fan’s decisions could even affect the fate of the entire Chanel brand!
After the CEO of Chanel finished speaking, Lin Fan’s photo was secretly sent to many employees of the company.
For a luxury brand like Chanel, no employee would directly violate the orders of the headquarters.
Furthermore, all the employees would sign a confidentiality agreement. This way, Lin Fan’s identity wouldn’t be discovered by outsiders.
When they saw Lin Fan’s photo, all the employees in various branches around the world, especially in Shanghai, were shocked.
“D*mn, d*mn, the second-largest shareholder of Chanel is actually Lin Fan!”
“I know Lin Fan. He acted in the Legend of Sword and Fairy. It’s too good!”
“Watch your words. You have to call him Boss Lin. So Boss Lin is so awesome.”
“That’s right. Boss Lin will be a big shareholder of our company in the future. We have to welcome him well.”
Everyone from the Shanghai branch company exclaimed. After all, Lin Fan’s current identity had already exceeded everyone’s imagination.
The Chanel headquarters was shaken!
At the same time, the CEO of Chanel personally said, “Prepare my private plane immediately. I want to personally make a trip to Shanghai to meet our company’s second-largest shareholder, Lin Fan!”
“If Lin Fan gives any different opinions on the company’s development, I have to listen carefully. At least I have to see if Lin Fan has any new direction for the company’s development.”
After the CEO of Chanel made his decision, he personally boarded his private plane. He traveled through the night, preparing to head to Shanghai to meet the company’s second-largest shareholder, Lin Fan.
Seeing the attitude of the CEO of Chanel, all the higher-ups in the Chanel headquarters were shocked.
“Our CEO is too surprising. His time is so precious and he’s usually unwilling to meet anyone. But this time, he’s going to China personally to meet Lin Fan.”
“Of course he has to meet him. Lin Fan is our company’s second-largest shareholder. It’s no exaggeration to say that Lin Fan is very useful to our company’s future development.”
“You have to know that our CEO only has 11.3% of the company’s shares. If Boss Lin wants to interfere in the company’s affairs, even our CEO won’t be able to stop him!”
“Of course, the CEO can work with the board of directors to target Boss Lin, but this way, he will completely offend Boss Lin. If he offends the company’s higher-ups, it will have an important impact on the entire company’s future!”
“Although the current CEO of our company is Bruno Pavlovsky, if Boss Lin really wants to fight, our company’s CEO might be replaced.”
“That’s right. Boss Lin is extremely important to our company. Therefore, even the CEO has to personally meet Boss Lin. At the very least, he has to know CEO Lin’s attitude towards our company’s development.”
“How awesome is Lin Fan in China? I just found some information. I heard that he’s an actor and a screenwriting master. He’s also a directing master. ‘The Legend of Sword and Fairy’ he directed is very good.”
“No, no, no. You thought too simply. This is only Boss Lin’s identity on the surface. You won’t be able to find out his true identity. It’s just like how outsiders will know that Boss Lin is an actor when they see him. However, outsiders will definitely not know that Boss Lin is also a major shareholder of Chanel!”
“Therefore, we don’t know if Boss Lin has another identity. Of course, we can be sure of this. If not, Boss Lin definitely wouldn’t be able to buy such a big share of our company.”
“From the looks of it, not only does Boss Lin have status, he also has a very high status!”
Therefore, today, Lin Fan had just become the second-largest shareholder of Chanel. The CEO of Chanel personally set off and took a plane to Shanghai.
He wanted to see Lin Fan and see his attitude towards the company’s future development!
Lin Fan’s importance to the entire Chanel company was self-evident!