PDLP Chapter 63 Aiger's Conditions
Chapter 63 Aiger's Conditions
Chapter 63 Aiger's Conditions
In the MGM president's office, Nelson sat behind a large desk, with his secretary Harrison standing opposite him.
The two remained motionless, like two frozen statues, creating a suffocating and oppressive atmosphere in the office.
With a furrowed brow and staring at the documents in his hand, Nelson couldn't concentrate and muttered to himself, "Is it over?"
The news that the board of directors had suddenly convened an emergency meeting spread throughout MGM within the morning.
Their once lofty ambitions were unexpectedly extinguished by reality in just one week.
He hadn't expected Ernst and Robert Iger to have a backup plan, catching him completely off guard.
Yesterday, as he was leaving get off work, while all the employees were making a huge fuss about the annual bonus issue, Dolly Copyright Company's visit to his door was like a sharp knife, delivering a fatal blow.
He recognized the person who came; in fact, he was familiar with him throughout Hollywood.
Ernst's sleazy agent, a guy who, like his master, has mites infiltrating every cell of his body.
The only difference between him and his owner was that Ernst was at least tall and handsome, while this fat pig was so greasy that it was disgusting to look at.
But this did not prevent the other party from controlling his own destiny, and by evening, all the board members of MGM knew about it.
The shareholders' discontent burned like wildfire, and Nelson became the scapegoat to vent their frustrations.
Meanwhile, a heated discussion was taking place in MGM's boardroom.
"We cannot do without a chairman; he is the symbol of the company. Ernst's resignation is a huge loss for MGM, and we need him to lead this giant ship forward."
One of the directors immediately set the tone with a heartbroken expression, his face no different from that of someone who had lost their father.
No one objected, but everyone knew the truth, and Willhofer sneered inwardly.
All this high-sounding talk is just because of the huge profits behind "The Man from Earth".
Chairman? In American corporate culture, this position is not as important as a manager with some power.
When it comes to Microsoft, you know that the CEO is Bill Gates, but who knows who the chairman is?
When people talk about Apple, they think of Steve Jobs, but who is the chairman?
Let alone the general public, even investment institutions and major Wall Street giants, when choosing to invest in a company or buy its stock, will not have any record of who the company's chairman is in their dozens or hundreds of pages of analysis reports.
"And then there's Nelson, the current CEO, who is utterly incapable of leading MGM out of its predicament. Look at the terrible state of the company now; it's become a complete mess in just one week."
Another director angrily slammed his fist on the table in agreement, as if the conference table had a deep-seated grudge against him.
"That's right. Since he took office, performance has not only failed to improve, but has continued to decline. We must make changes. I suggest bringing back Robert Iger to get MGM back on track."
In just one week, so many problems have been discovered. These directors can lie without batting an eye; they've truly reached the level of being shameless and unperturbed.
"Ahem," Wilhoman coughed lightly when Nelson's question came up.
After all, his problem involves CVGI's $10 million investment, and they can no longer pretend to ignore it.
"While Nelson may not be the most qualified candidate for CEO, his abilities and contributions to MGM over the years are undeniable. I suggest that he be returned to the position of Vice President."
The meeting room fell silent instantly; no one uttered a word of agreement or disagreement.
They can fire the CEO just like that, and bring someone back just like that. There's no such thing as a free lunch.
Someone had to take the blame, and Nelson was the board's tacit choice without any discussion.
Of course, there are exceptions. When it comes to interests, they are willing to spend some time negotiating with Robert Iger.
"A bunch of greedy vampires," Wilholman cursed under his breath, his smile undiminished. "I'm hosting a party in Las Vegas in a few days, let's go and have a couple of rounds together."
With the added benefits, smiles returned to the faces of many directors.
"Wilhomann is right. Even if they didn't make any great contributions, they still put in a lot of effort. We should help them fight for it. We can't let our long-term employees down."
Things progressed quickly. Before 10 a.m., MGM issued an internal announcement that Nelson would continue to serve as his vice president and continue to be responsible for his original work.
The board decided to bring back Robert Iger and Chairman Ernst.
When the news spread, all the employees at MGM erupted in cheers.
But is it really that easy to solve? Ernst has set up this scheme; it's not child's play.
On Miami beach, Robert Green is enjoying a rare vacation with his family.
"They just spoke to me on the phone and wanted me to come back. But we couldn't reach an agreement. According to you, I made a lot of demands, but they couldn't accept the first two."
What are the first two? They are to reorganize the entire board of directors and to have the power to appoint and dismiss the entire management team.
American companies are very well-regulated, and there are very few cases of one-man rule.
One of the main reasons why Michael Eisner is called the Disney tyrant is that he wields too much power, including the power to appoint and dismiss management.
In his presence, the board of directors and shareholders were nothing more than figureheads.
As long as he can bring growth to Disney, the board of directors won't dare to utter a word, and the shareholders will unconditionally support him.
In Hollywood, the larger the company, the less likely it is to achieve centralized power.
Mutual checks and balances are not only a constraint imposed by the company structure, but also a way to prevent CEOs from being two-faced, that is, from embezzling or falsifying accounts.
"Enjoy your vacation, leave the rest to me."
On the other end of the phone, Ernst made no attempt to hide his rapid breathing, which made Egger look up at the blazing sun overhead and sigh at how wonderful it is to be young.
In his villa in Montecito, Ernst, leaning against the headboard, looked at the beautiful woman before him and couldn't help but sigh, "Even fertile land is hard to cultivate."
Ernst grinned mischievously. "So, this is how you came to gather information?"
Ernst was somewhat surprised by the other party's sudden appearance last night.
Ostensibly, this NBA socialite was there to gather information.
After all, the turmoil at MGM made Playboy's acquisition difficult.
There has been no word from Hugh Hefner, which seems to make the acquisition even more uncertain.
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However, Ernst knew that the other party was a seasoned veteran and would not be fooled by MGM's apparent turmoil.
Even if Jenny Buss didn't quite understand, she could have asked her father, Jerry Buss; there was no need for her to come all the way to Montecito just to find a reason to get her foot done.
Ernst was certain that this NBA princess harbored a huge quirk deep down.
The athletes didn't dare do anything to her, but Ernst wouldn't tolerate her.
Last night proved this point even more; the various props scattered carelessly on the carpet explained everything.
Stand up, straighten up, and sit firmly.
Jenny Buss smiled charmingly, her lips slightly parted, "Haven't I tried hard enough?"