Chicago 1990 - Chapter 1484

‘We will support the separation of the positions of chairman and ceo at the general meeting of shareholders tomorrow…’

After the market closed, another Disney shareholder jumped out to agree with Goldman Sachs’s suggestion. At this time, the old white man speaking in front of the camera was the manager of the California Public Servants’ Retirement Fund. This kind of institution that rarely speaks publicly but has a huge influence has spoken out. Basically means that the general situation is set.

This old white man used to be a hard-core supporter of Eisner. He used to be called a nest of snakes and rats, but the market value of Disney dropped by 30% in ten trading days, 16 to 7 billion… The friendship doesn’t work anymore.

And Paulson, the chairman of Goldman Sachs, probably used the method behind the scenes, and there is not enough time to figure it out.

Since tomorrow’s general meeting of shareholders does not have an agenda to discuss the separate positions of chairman and ceo, it means that shareholders will collectively veto Eisner’s re-election as chairman and ceo to express their anger, that is: a vote of no confidence is basically the same as the predecessor’s. He was impeached by both houses after the scandal broke out.

Although my money went in, they were all bought after the registration day of the shareholders’ meeting, so it won’t help at tomorrow’s meeting.

The a+ copyright and asset management company and the First Bank of New Jersey currently own 0.86% of Disney’s shares, which means that it lost $350 million in a short period of time. The next day, it was discovered after a massive hit. Don’t stop the loss. At today’s closing price, about 30 million dollars has evaporated.

It’s the **** Paulson again… How much did Goldman Sachs make in these ten trading days! ?

Thinking about this, Song Ya grabbed the hairs of Xue Linfen and Mila who were in the tandem and opened them, ignoring their begging for mercy by slapping their thighs.

“Did Eisner agree? How much hope do you think you have after tomorrow’s shareholders meeting?”

He fastened his dressing gown belt and hurried to Beverly Hills. Song Yalong walked out of the bedroom and continued to do business. He asked Linton: “Since the separation of the chairman and the CEO is a foregone conclusion…”

A small loss in the rescue of the market, but there is another opportunity to win in defeat. Since Eisner must spit out one of the two positions, doesn’t Linton just take the opportunity to take the lead?

Isn’t this the ultimate goal of his being a **** royalist?

Why not lick Eisner so tired for so many years! ?

“I’m trying my best… Yes, the CEO position is better and more likely… But the chairman can accept it, anyway, I’m trying my best.”

It is late now, and Linton is still very excited about walking around in the living room, “How sure? 50-50. I think, if Eisner wants to retreat to the chairman, then I will be the CEO, which means that he still has the right to Disney. We will act together to show the outside world. If he wants to retreat to ceo and continue to firmly control the company’s operations… Then my chances are smaller. My age, qualifications and performance are all a bit difficult to convince the public, and the outside world will definitely Crazy questioning, and Eisner’s kind of power madness also knows that if I really become the chairman, it will be difficult for him to hold me in the future…”

“Your competitors are still those old faces.” Song Ya poured him a glass of spirits.

“Yes, yes, it is almost impossible for Robert Iger to become chairman of the board of directors, but the call for him to take over as CEO is the loudest. The abc system is his strong backing. Jobs has already hinted that he will support him with actions, so he will control Disney’s management. After the rights, Pixar Animation is likely to reach a certain degree of compromise with us to solve Disney’s biggest hidden danger that year. Shareholders are definitely happy to see it.”

Linton took the wine glass but couldn’t think of drinking it at all. “George Mitchell is a politician and doesn’t understand business at all. One of his biggest advantages when he takes over as chairman is that he is almost 72 years old and has no energy. Without the power to insert his hands into the specific management of Disney’s various departments, it is difficult to guarantee that Eisner does not intend to launch George Mitchell as a shield for two years, and after this round of crisis, he will drive George Mitchell away and retake it. Daquan. It’s not that he’s never done this before. For example, after driving away Katzenberg, he finds his former friend Ovitz, and then ruthlessly drives him away after the heart surgery is successful.”

“Is it impossible for Roy Disney to come back?” Song Ya asked.

“It is also possible, but Roy’s return means that Eisner has completely lost his fighting spirit and intends to bow his head to the enemy to pave the way for retirement.”

Linton replied: “Put yourself in the situation, Eisner’s optimal solution is to let George Mitchell take over as chairman.”

“Plus the Weinstein brothers also support George Mitchell.” Song Ya calmly reminded: “This means that George Mitchell is not completely influential in Disney’s management affairs.”

“right!”

Linton became more elated, “But my opinion is different from yours aplus. This! This is George Mitchell’s biggest failure so far! The public support of the Harvey brothers will make Eisner feel the true strength of George Mitchell. There is doubt, and Eisner hates Harvey very much, especially after Harvey publicly talked about the rebellion. Miramax and Dimen Films of the Harvey brothers are only small roles within the company…”

The two discussed and discussed, and in the end they agreed that the odds of winning are great. Linton is behind his record and a+ entertainment department, plus the Disney copyright company he directly manages, Bowei Pictures, Touchstone Pictures, and Brookhaven. Live-action movie gangs such as Mo Movie Studio should not be insulted.

The two of them then made up their minds to call Eisner and ask for an overnight visit, but the answer over there was that Eisner had already taken medicine and fell asleep, and they would go directly to the meeting of shareholders tomorrow.

Whether Robert Iger, George Mitchell or Roy Disney, at this time can no longer persuade, then…there is only waiting.

“Everyone! Please be seated as soon as possible, thank you…”

On March 3, 2004, Eisner, wearing a light-colored suit and a big back, sat in the center of the rostrum and silently scanned the venue.

Representatives of Disney shareholders are already taking their seats. The big bosses will not come to such occasions in person. They send agents and small shareholders who are good deeds, so most of what he sees are fresh faces.

He is in a very good state today. He is not strong. He really feels that his spirit and body are at the peak of recent years. For a king who has experienced many battles, the greater the pressure, the stronger his fighting spirit.

“Please don’t bring irrelevant items…”

“No! No no!”

At this time, there was a little commotion in the venue, and the staff wanted to take away a placard made of cardboard in the hands of a middle-aged white shareholder representative wearing a jacket and blue collar.

The middle-aged white man clung to him and did not let go. Under the scramble, the back of the placard was lifted, ‘Michael Fuck! The words came into Eisner’s eyes very clearly.

“Go away, Michael! Michael! Go away!”

The placard was eventually snatched by the staff. The middle-aged white man raised his fist and shouted slogans. It should have been premeditated. Soon some representatives gathered around him, becoming more and more orderly and louder and louder.

“no, I’m fine……”

Pediatrics! Eisner turned on the microphone to prevent the staff from driving the rioters out of the venue, “Let them stay and keep quiet.” Then he calmly looked at the middle-aged white man and said, “There will be a chance for you to speak. Yes, I promise, but please submit an application to the staff in accordance with the articles of association of the general meeting of shareholders. Thank you.”

Dong Zuo’s grand attitude would be too much to make trouble. The group of people got together and sat down and finally disappeared.

At this time, someone handed over a document, and Eisner took it in his hand and glanced at it casually. The data showed that the total shareholding of all shareholder representatives participating in the meeting today was as high as 52% of Disney’s total share capital, which is an amazing proportion. , It also means that almost everyone wants to see changes today.

“Ahem! Ladies and gentlemen…”

I don’t know how many times the shareholders’ meeting has been held. As soon as the time came, Eisner cleared his throat with ease. Yesterday, he cut off all external connections after seeing the manager of the California Civil Service Retirement Fund jump out to speak publicly. He knew that the possibility of a dramatic reversal of fantasy by means of passion speech and the like no longer exists.

He shut himself in the room, licked his wounds alone, concentrated on his thoughts, and took a good rest all night. In any case, stay decent today, and then…

In fact, what’s the big deal of being passed a vote of no confidence? After all, the general meeting of shareholders cannot replace the board of directors, and mastering the board of directors is not the same as truly mastering the right to operate the company. He knows all the ways of playing by senior managers.

No matter how difficult the situation is, there is always a way.

“I am very pleased to see that last year the company’s total financial income was 270 billion dollars, and the net profit was 126.7 billion…”

He first reported the good news, “Our film business and espn sports station continue to provide record growth… Our record distribution business is the best performer of all similar companies.”

“Our debt scale is also very healthy, and there is reason to believe that it will be reflected in the stock price soon…”

The big guys in the venue and watching live broadcasts all over the meter quietly listened to his various hints that Disney’s market value is more than the current price. As for the focus of power too concentrated on his own body, he didn’t mention a word, and he couldn’t help it. carry.

But after all, what we have to face is that after a boring agenda one after another, the voting for his re-election as chairman and ceo will begin.

“Mr. Chairman, before your re-election vote, I want to recall with you the late Mr. Frank Wells. When you and Frank came to Disney in 1984, I remember the media called you “Captain Fire”, because the market value of Disney was less than $2 billion at the time, and you did. Now Disney has a market value of tens of billions and is a great integrated media company… I represent all shareholders to you, and the deceased Frank Wells pays his respects.”

An old white male representative came up and flattered and drove the audience to applaud.

“thanks, thanks……”

Eisner squeezed out a sad smile, and seemed to remember his old partner Frank Wells who died in the plane crash, but he knew in his heart that things were not so simple. This representative did not arrange it himself, and he really wanted to help himself. , There is no need to mention someone who left ten years ago.

Sure enough, the representative of the old white man turned his head, “But after Frank left us in 1994, all shareholders, I think at least most of the shareholders who accompanied Disney along the way can feel that you are becoming more and more arbitrary.”

Eisner felt his restless heart begin to beat faster in his chest, and he tilted his head to look at the subordinate who was in charge of the order of the questioning session.

“Remember that we used to call Frank a “good man Frank”. I also know that some people in Disney joked that Frank was the “Eisner’s brake”. He would always correct your mistakes in time and appease the senior managers you offended. Or partners, after Frank left us unexpectedly, you drove away Katzenberg in ten years. Katzenberg later participated in the founding of DreamWorks and personally built DreamWorks animation department into a brand new Yes, the first-line animation film company that came from behind…”

“Please pay attention to the time of the question.” The hand socket reminded.

“Okay, I’ll finish right away. Then your friend Ovitz, I agree that Ovitz has hardly done a good thing at Disney, but after his short Disney career ended, all shareholders paid for his severance. I paid hundreds of millions of meters…”

“what do you want to say in the end!?”

The true supporters of His Majesty the Emperor began to clamor from behind.

“What I want to say is: Mr. Chairman, we respect you, but we also believe that a new bridle must be put on your personal power at Disney. Disney needs a new set of’brakes’, such as Chief Operating Officer Robert Iger. Sir, we all agree that his work style, character, and personality are very similar to Frank Wells… and he is the only person who has the hope of keeping Pixar animation at Disney.”

“Yes! Yes!” Another group of people cajoled.

“That’s why I promoted Robert to chief operating officer. I like him more than you.”

Okay, I understand, Eisner smiled and took the conversation calmly, “After Disney acquired the abc TV network, I became good friends with him, although the abc TV network has always been an unstable factor in our financial balance. But I agree that every job assigned to Robert has been done very well. Every helm of a multinational company needs to be carefully trained. I promise that I have provided Robert with everything I can over the years. Help is the guide. I believe that if he is the brake, when he is put in the right place, he will play the role you expected, and he will be competent.”

“This old fox!” one of Jobs’s men who watched the live broadcast angrily scolded.

“It’s useless, everything depends on the vote, and the vote is set.” Larry Ellison said.

“Vote after the break is over.”

After a real ‘to’ helped beat the rim drum, Eisner announced a temporary rest.

Jobs took out his cell phone and waited, but after a while, he waited for Eisner’s call, “Michael.”

“Steve, if I didn’t choose Robert Iger as the ceo, would you renew the contract?” Eisner went straight ahead.

“No.” After the final negotiation, Jobs was firm.

“Where can you go? Pixar and Disney are about to merge into one, Toy Story, Finding Nemo, all the sequel plans, Cars, those projects under development, all these…”

Eisner threatened: “MGM is on the verge of bankruptcy. The other five major Hollywood companies have also established their own animation production and distribution systems in recent years. Universal and DreamWorks, Fox Pictures and Blue Sky Studios…”

“You know what kind of person I am Michael.” Jobs interrupted him, “If I am afraid of taking risks…”

“Beep toot…” A blind tone came from the phone.

“George.” Eisner called George Mitchell again, “I let you be the chairman, you guarantee that you and Harvey can share Katzenberg’s DreamWorks animation from David Geffen and Spielberg. Department brought back to Disney?”

“I don’t want to lie to you, but I promise I will try my best.” George Mitchell replied.

“This answer seems to be unsatisfactory…”

“Wait, Mr. Paulson wants to talk to you.” George Mitchell handed the phone to Paulson next to him.

“Today’s general meeting of shareholders also has a voting agenda for George’s re-election as an independent director, right?” Paulson asked directly without talking nonsense.

“Yes.”

“Okay, I support him. I will show you our influence at Disney. You need George, not the other way around… Michael.” Paulson hung up after speaking.

“Of course it is good for Linton to take over as CEO. I don’t have many friends at Disney, Mr. Eisner.”

Song Ya also stated: “I don’t want my business to be exposed to Jobs or Paulson’s guns, so… Yes, if that happens, I will leave. You know me, I am never a pure Animal of interest.”

“Linton.” Before he went back, he called Linton and some of his cronies to his side, “Let our people try their best to prevent George Mitchell from being re-elected.” He did not explain to his unbelievable subordinates: “Do it now. !”

“Yes!”

Linton repressed his joy and slipped away to call.

He knew that Linton 100% would get aplus to do this together, plus his own votes…

Robert Iger and Jobs side…maybe…at least they should not deliberately fully support George Mitchell.

He needs an answer.

Returning to the podium with great anxiety, he didn’t notice that his image was much more burdened than before he went to rest. He tilted his head from time to time to look at the auditors who were nervously counting votes.

Although he was mentally prepared, seeing the auditor’s increasingly gloomy expression, his mood still fell down with difficulty.

After the auditor got the final figure, he turned his head and looked over.

The embarrassing mood in the opponent’s eyes almost ignited his heart. He nodded and looked away. The crowded meeting place seemed to become more and more blurred, so he took out the medicine in his arms and used it. The mineral water on the table is overwhelming~www.mtlnovel.com~ Regarding the motion of Mr. Michael Eisner’s re-election as chairman and ceo, all valid votes are…agreement votes are… With 68% of the votes, the motion… was not passed! ”

“Yes!”

The group of people who made the trouble immediately jumped up and applauded, and most of the representatives in the venue also applauded. Some good people followed the Disney Emperor on the rostrum with triumphant and provocative eyes.

“Ok, ok! Please be quiet!”

Amid the applause and roaring, Eisner raised his hands with the speed of light adjusted and pressed down with a smile, “I heard and saw your demands. I promise that tomorrow’s board of directors will give you satisfactory results. . But now, please don’t interfere with the normal order of the meeting…” Then he turned his head and told the staff, “Go to the next agenda.”

“Regarding the motion of Mr. George Mitchell to be re-elected as an independent director… the negative vote is that 43% of all valid votes are less than half. The motion was passed!”