American Fortune Life

Chapter 1928: Win without any sense of accomplishment

Of the 40 companies with the largest market value appreciation this year in the S & P 500 Index in April, Apple ranked first with a market value appreciation of US $ 27.4 billion. What's interesting is that Apple Ceo Steve Jobs ranks second to last in the 2008 salary list of 198 companies in the United States ceo 2008 with an annual salary of $ 1.

Of course, the reason why Jobs doesn't want annual salary is because he has better things to get, stocks that Apple rewards.

You have to know that since December 31, 2008, Apple's stock price has increased from $ 85.35 to $ 115.99 on July 3, an increase of 35.9%, and its market value has increased by $ 27.247 billion, ranking first. Ranked second, Google ’s market capitalization increased by US $ 20.147 billion in the same period, ranking third.

Undoubtedly, the biggest winner is Andy Smith. After all, he invested a lot of money to copy the US stock market, and whether it is Apple, IBM or Google, it is the heavy stock in his investment ratio.

In the conference room, Andy looked at Jobs who was talking to his **** brother Cook. While thinking about this, the last member of the board of directors came in with a smile on his face, "Sorry, I'm not late ..."

When Andy saw each other's arrival, the smile on his face became brighter and brighter. Among the members of Apple's board of directors, there are currently 8 people, of which Andy is a member of the board of shareholders of a larger number of shareholders, and walked in with everyone Hello is the current Google ceo Schmidt.

Trust Google Ceo Eric Schmidt and include it as a member of Apple's board of directors. It has been regarded by Jobs as his biggest mistake.

Jobs believes that Android plagiarized Apple systems, all because Schmidt, as a member of Apple's board of directors, had the opportunity to access Apple's core trade secrets. Google Android can quickly change the design direction. That's why Jobs convinced the board to fire Schmidt's board.

It's just that Jobs couldn't think of it. Although he convinced other board members, these board members will let Andy take over the board of directors of Schmidt.

Andy is also very grateful for Schmidt's recommendation. Therefore, the two are very close to embrace Hug, sitting next to each other, whispering and laughing.

In the governance structure of a modern company, the board of directors is the highest authority of a listed company. However, Apple's directors are nominated by the board of directors and approved by the shareholders' general meeting. There is little relationship between the directors and the shareholders.

For a long time, Apple's directors were very disdainful of shareholders, because they felt that they had made a lot of money for shareholders, and they didn't pay much attention to the so-called pressure of shareholders. This is also their confidence, such as Although Apple holds huge amounts of cash in its hands, Apple has not paid dividends since 1995, and it is called a super stainless steel rooster.

Apple's board of directors has the right to nominate directors when the board is reelected, which allows them to have a stable power transfer system and nominate people they can trust.

Therefore, as long as there is no internal division within the board of directors, there will be no internal strife, then the board of directors will always control Apple. In the case of diversified shareholdings, and there is no actual controller of Apple, those individual shareholders and institutional investors with a total of more than 2,400, it is obviously impossible to join forces to clean the board together.

Apple's directors are Steve Jobs, current Apple CEO, Tim Cook, Apple CEO c0o, Robert Eggert, Chairman and CEO of Disney, Zhong Binxian, Avon CEO, James Albert, former vice president of Albert Gore, James Bell Boeing CFO, Eric Schmidt is currently Google CEO, and Andy Smith is currently President and CEO of Smith Media Group.

"Ahem, now that the people have arrived, the meeting will officially begin." Jobs looked at the directors who were still whispering to each other, and made a cough, attracted everyone's attention, and went straight to the theme: "The conference The first one is about the issue of Mr. Schmidt's withdrawal from Apple's board of directors and his replacement for the board of directors.

Since the launch of the Apple iPhone, it has brought revolutionary touch interaction methods to mobile devices. Later, the Android system developed by Google caught up. However, according to the information obtained, the Android system was completely based on the keyboard design in the initial design. However, After IOS came out, Android system was quickly redesigned into a touch screen-based mobile control system, and it was not pulled too far by IOS. This behavior is undoubtedly plagiarism ...

Alas, unfortunately, with the release of Android and the latest chre operating system plan, Google is more and more involved in Apple's core business areas, and Mr. Schmidt can do less and less on Apple's board. Because of the potential conflict of interest, he will have to withdraw from more meetings under the consideration of suspicion.

In my opinion, now is the right time for Mr. Schmidt to retire from Apple's board, and other directors and I have reached a consensus with Mr. Schmidt's withdrawal from Apple's board. "

When Jobs said that, there was no slight smile on his thin face, his eyes were bright and dark, and his words were sharp and sharp, which made people very uncomfortable. Except for Cook, the directors who were present could not help but brow. Wei Yi, his eyes looked a little meaningful, thank Schmidt for his polite contributions to Apple over the years.

Andy couldn't help turning his head to glance at the party Schmidt, instead he always had a smile on his face, not because Steve Jobs suspected that he had stolen the secret to Google, but waited until the words fell, and After looking at Jobs with a serious look, he smiled and said, "I have had a good time on the Apple Board. This is a great company. But as Jobs said today, we have achieved this. Consensus, my departure now seems to be a wise decision.

However, for the last board of directors, I will fulfill my last board responsibilities very seriously and responsibly. As a director to leave, I hereby formally submit Andy Smith, the nominee for the director to take over my position on the remuneration committee! "

With a smile on his face, Andy never left Jobs's face. When Schmidt said his name, Andy clearly saw that Jobs' eyes narrowed slightly, his expression became surprised and solemn, and he was also angry, and Jobs When I cast my eyes on Andy, I happened to look at Andy's eyes, looking at the faint smile on Andy's face, the expression on Jobs' face became more gloomy, and Cook on the side was looking with amazement and hope, hope See something from the faces of other directors.

"Hehe, I think this proposal is good. Andy's achievements are obvious to all. He has strategic decision-making and company operating experience. He is absolutely capable of supervising the operation of the company. Not to mention social prestige and morality. Leading role model for the younger generation of the United States, and as a well-known strategic entrepreneur, has rich experience to help the board of directors make judgments and consultations. I agree! "Former Vice President Albert Gore answered directly with a smile on his face .

"Thank you, thank you for your recognition and praise." Andy thanked Gore with a smile, and the smile on his handsome face was as bright as the warm sunshine.

"I also have no opinion. As for Mr. Andy Smith's taking over the remuneration committee, I fully agree that his achievements in asset management and venture capital are undoubtedly rich in experience and can bring leadership experience to the board of directors. This kind of valuable and different perspective. "Zhong Binxian Avon company ceo, smiled and nodded at Andy.

At this time, the angry expression on Jobs's face was very obvious. Looking at his continuous ups and downs of breathing, he knew that at this moment he was suppressing the anger in his heart. He knew that he had been played by these people. However, he was not discouraged, but spoke before a fourth person other than Andy spoke.

"I also have personal choices here, Larry Ellison, Oracle's ceo, my close friend. The most successful ceo in the United States in the past 20 years is ranked 9th. Ellison founded the enterprise software company Oracle in 1977 and faced it from the beginning. Under fierce competition pressure. After his unremitting efforts, Oracle has been at the forefront of the industry today. He also cleverly used Oracle's abundant cash reserves to initiate acquisitions to dozens of large companies, and many acquisition transactions were successful ... "

When Jobs named the name Larry Ellison, the other directors in the meeting room looked at Andy with a grotesque smile, with a strange smile.

Andy almost laughed with a pig cry in his heart at this time, okay, I do n’t know, where Steve Jobs's self-confidence made Larry Ellison, a Silicon Valley madman, **** stuff compete with him, this is definitely a coma, Because only one vote of directors other than Andy is needed, Andy can take over the role of Schmidt, and I am afraid that no one here will like Larry Ellison as a **** as his colleague.

Sure enough, although Jobs was introducing Larry Ellison's resume, even the James Bell Boeing CFO, which belongs to Jobs' lineup, Cook frowned slightly.

"Then vote and decide!" Said the chairman and CEO of Disney Company, Ceo Robert Iger, indifferently.

"Agree to Andy Smith as Director of the Remuneration Committee, please raise your hand"

"brush!"

"Bang! Kekeke ..." Jobs looked at all the directors who raised their hands except Cook and Andy Smith, coughing violently.

"Steve, are you okay? Would you like to take a break first?" Andy, who won a little bit of accomplishment, asked with great concern.

"No, thank you! Congratulations, Andy ..." The look on Jobs' face changed a few times, pressing down the anger in his heart, squeezing a smile, drinking a sip of water, and staring at Andy.

"Thank you, thank you for your trust and support, and I will do my best to do the work entrusted to me by the board of directors, thank you!" Andy stood up and said slightly with a smile. . m.