[164] Slim and tight 4
“Good. I’m on the verge of dying from a headache, so I’ll tell the president. Please meet me in person.”
Lee Hak-jae buried himself in the chair.
CEOs of financial affiliates flinched, but did not back down. That’s why this case is hard to bear.
“Make an appointment and let me know. I’ll be sure to tell Chief Lee that he won’t be harmed.”
As they left the office, Lee Hak-jae picked up the receiver.
“…President. It’s a serious level, so I think you should meet and tell me. Yes…. Yes….”
After the phone call, Lee Hak-jae was on the verge of going crazy wondering how this interesting story would develop. However, it’s clear that he won’t be able to sit because he has a seat
.
The results were unbelievable. Anyway, the giant named Chairman Jin supports him. Even the presidents of affiliates are well aware that they cannot surpass Chairman Jin.
Instead, it’s just a ploy to make their presence known without missing this opportunity. And its presence is not negligible.
No matter what anyone says, aren’t they public figures?
* * *
“Oh, you guys… are you here to check if I’m dead or alive?”
“What do you mean? I came here to talk to you because I was afraid you would be enemies.”
“Seeing the president’s correct appearance puts my mind at ease.”
When the presidents of the four subsidiaries, including Life Fire, Securities and Card, bowed in turn and greeted each other, Chairman Jin patted them on the back with a happy expression.
“Sit down. The old people are going to grumble for a while, so sit down and talk. It must be hard. haha.”
Since I didn’t stop by just to say hello, I’m saying that you should start with the main topic.
“Yes, I heard that there are many complaints about personnel issues, but tell them all. I’ve got a lot of free time these days, so I’m willing to listen to any nonsense.”
Chairman Jin was still smiling, but the faces of the representatives of the four affiliates instantly hardened.
What nonsense!
Chairman Jin is talking nonsense that no one can see. It is futile to entrust a college student with a company valued at close to 700,000 won per share.
And they own as many as 5 million shares of this hugely expensive stock. Evenly from affiliate presidents to executives and several employees. They own a 25% stake. If this stock is not handed over to the grandson, it is impossible to control the financial company.
These borrowed-name stocks must be handed over to the grandson of the chairman’s university student.
If executives’ dissatisfaction is not quelled, the succession process will falter and, at worst, this clandestine succession work may leak out.
Violation of real-name transactions is at the level of aegyo. If you have to pay hundreds of billions of won in inheritance tax, you can’t turn it back.
Chairman Jin knows this well. So I think they will listen to their opinion to some extent.
“President. Do-joon is still a student. It is never too late to join the management team after graduating from the company and gaining a few years of practical experience.”
Yang Woo-chan, president of Sunyang Life Insurance, cut off the start.
Among them, he was the one who assisted Chairman Jin for the longest time, and given his age and the size of the company, he has sufficient qualifications as a representative.
“That’s right. There’s no reason to rush. How about delaying the succession a bit?”
“These people. How can I bet I’ll live those many more years? Even if I die tomorrow, the mourners will eat with a smile, saying that I am a good merchant.”
“It can’t be. You still corrected it like this…”
“Isn’t it okay for my grandson, Dojun, to train for a few years and then participate in management? You mean this?”
“That’s right. I will return to a key position as soon as possible.”
“Then do it. Turn round and round. But doesn’t that have nothing to do with the succession process?”
Chairman Jin readily agreed as if it was nothing, but the faces of the presidents did not brighten.
Without the control of the company and Chairman Jin’s influence, there is no way Jin Do-jun can survive under the salaryman’s management.
As a major shareholder company owner, it is obvious that they will exercise their rights, and the first step in exercising those rights will be to organize the old generation like themselves.
Although they know exactly what Chairman Jin intends, the biggest reason for their resistance is to preserve their position.
“President. There are not many people who can work with a major shareholder under them. There is no such case.”
That’s what I’m talking about myself. Yang Woo-chan, president of Jin Do-jun, said that he would submit a letter of resignation as soon as Jin Do-jun inherited the financial affiliate.
“That’s right. This… I’ve never had a job, so I don’t know how salaried workers feel. haha.”
Chairman Jin’s laughter filled the living room, but the atmosphere seemed to freeze more.
What will come out behind that laugh?
The presidents of affiliates began to stare at the mouth of the chairman, swallowing dry saliva.
At this time, Chairman Jin stopped laughing and showed unexpected behavior that no one expected.
He was carrying a telephone receiver.
“Are you Dojun? yes it’s a baby You should hurry up and run here. There are some people who can’t stand me passing down a couple of companies to my grandkids. yes yes You have a twin wick in your eyes and persecute this old man. Come quickly and save this old lady.”
As soon as the receiver was put down, the bosses hurriedly waved their hands.
“Aigoo, Chairman. It’s persecution. Don’t get me wrong.”
“President. We were just speaking out for the company.”
“It’s okay. Do I really want to insult those of you who have been with me through life and death for over 20 years? It’s not like that.”
Chairman Jin was different from usual.
“Let’s see you guys sometime. okay! You can see this as being like an interview. I also had times when I was anxious about whether I was good at handing over the company to a young guy. Check it out with your own eyes and tell me if you think it’s insufficient. What’s so hard about coaxing a kid? And our Dojunie is not such an idiot who ignores what adults say. haha.”
The boss’s expression hardened even more.
I know very well that you will never compromise like this.
What the hell is this up to?
* * *
“What? what’s the matter?”
“Grandpa transitions. Right now, the presidents of affiliates in the financial sector have come and expressed their intention to boycott me.”
Oh Se-hyun tilted his head and laughed out loud.
“Uh ha ha. After all, they are inspirations that can be calculated quickly. I am trembling because I am afraid that there will be a generational change.”
“I’ll be on my way.”
“Where?”
“The old ones are asking me to meet them once.”
“ok? the picture is weird What do you mean the management is going to review the major shareholder?”
“no. It will be a place where the majority shareholder decides whether to replace the management or not.”
I headed to my grandfather’s house, showing my composure to Oh Se-hyeon, who opened his eyes.
As I entered my grandfather’s study, I felt the eyes of four people sticking to me.
I know exactly who is who because I’ve seen them a few times, like passing by during holidays or at my grandfather’s birthday. Also, you don’t have to deal with all four.
If the head is bent, either the body or the legs will collapse.
Yang Woo-chan, president of Sunyang Life Insurance.
If you beat that old man and are not enough, you will not be able to complain anymore if you just kill the president of Sunyang Securities, Ko In-gyu.
“hello.”
At first, he politely bowed his head.
“That’s right.”
The seating arrangement is very odd.
At the head table, my grandfather sat across the long table, and the four CEOs and I sat facing each other.
It’s like an interview for a new employee by the president, and it’s also like one interviewer looking at four at the same time.
“Come on, let’s talk calmly and comfortably. I will just shut up and listen.”
Grandpa leaned against the back of the chair with his arms crossed as if he were watching an interesting drama.
As I looked at the faces of the four people in turn with my eyes open, their discomfort was revealed.
Yang Woo-chan, the most experienced president, cleared his throat as he looked at each other to see who would speak first.
“Do-joon. I heard that you are interested in finance. Did you learn some work at Miracle Investment?”
“yes.”
answered briefly. There is no need to give lengthy answers to unnecessary questions. Because things will change soon.
“So, what field are you most interested in? stock? fund? Or derivatives?”
“no. That’s what practitioners do. I am interested in management. Long-term investing is also interesting. M&A, in which companies are analyzed, bought, and then split and sold, was also fun.”
How do you take this answer?
With the pride of a young guy? Or are the bowls different?
“I see. If so, the amount of money you are rolling must be considerable?”
I didn’t come here to brag about money, so I don’t have to say it. You just have to look around a bit.
“I’m not rolling it myself, isn’t it the company rolling it? I just keep an eye on the money management system.”
Since they are older people, it would be awkward to continue the conversation. I have to instill in me that my experience is still mediocre, but since I skip practical work, I will be worried about what to do with the pod.
“Ah, that’s not funny. President Yang, President Goh. Ask me directly. Do-joon holds the financial affiliate in his hands and shakes it… Or leave the management to you and say, “You’re the chairman or the vice chairman,” and ask if you want to drink and flirt with women. is not it?”
As the story kept going out of the way, the grandfather who had been silent came out.
“Chairman of the meeting. You’re kidding too much. Do-joon is known for being sincere… can it be that?”
“You know me well. So, Do-joon is obviously going to shake the company, but instead, I wonder what direction it is going, isn’t this? Right?”
Everyone seems to be ashamed of Grandpa’s mischievous question, and they only clear their throats.
“Do-joon. Let these people know what they are curious about. I’m worried because I don’t know what a young kid like you will do in charge of a huge financial company. Ease that worry.”
As the grandfather looked at the bosses and smiled at them, their clearing of the throat became more frequent.
“I have no intention of getting involved in the management of a financial company because I think the separation of ownership and management is an ideal corporate form.”
The faces of the bosses brightened. It was because the job of submitting a report while bowing to a young guy at work was gone.
“Rights as a major shareholder. In other words, I am only expressing my opinion on the appointment of the CEO and the appointment of executives. If the performance is good, there will be no need to look at me.”
Now, the bosses seem to be welcoming me with open arms. Isn’t it much more comfortable to be a young guy who only takes care of performance without interfering than a stupid guy who wants to participate in management?
“What do you think? Are your worries gone?”
Their nodding heads and smiling faces answered my question.
“By the way, Mr. Yang. Do-hyeong Jang, executive director, got a very unconventional promotion. Do you think it was appropriate?”
“of course. That friend must be a talented person who will be responsible for the future of Sunyang Life Insurance. The ability and achievements you have shown so far are to the point that no one can follow you. That’s why the chairman made a huge surprise greeting.”
“okay. Didn’t you come with me today?”
“Only our presidents came today. Why but?”
They expressed their doubts when I suddenly showed interest in Executive Director Jang.
“Ah, because I plan to appoint executive director Jang Do-hyung as general vice chairman of the financial affiliates if I take over the group affiliates. It means giving all the power to him.”
It must have been a bigger shock than the words that I became the general vice-president and wielded full power.
The old serpents were speechless with their mouths wide open.
“this! Outer Tubular. Uh-huh.”
Only the grandfather’s laughter broke out in the quiet study.
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