American Fortune Life

Chapter 1908 Wins Without a Little Achievement

In April of this year, Apple ranked No. 1 in the $27.4 billion market value increment among the 40 companies with the largest market value appreciation this year for S&P 500 Index Component Shares. Interestingly, Apple CEO Steve Jobs ranks second to last on the CEO2008 payroll of 198 companies in the United States, based on Equilar's $1 annual payroll.

Of course, the reason Jobs doesn't want annual pay is because he has something better to get, Apple Inc. Rewards shares.

You know, since December 31, 2008, Apple's share price has increased from $85.35 to $115.99 on July 3, an increase of 35.9 per cent, with a market capitalization of $27,424.7 million, ranking first, IBM's market capitalization of $24,809 million over the same period, and secondly, Google's market capitalization of $201,437 million over the same period, ranking third.

Undoubtedly, the biggest winner was Andy Smith, who, after all, invested a great deal of money in the U.S. stock market, whether Apple, IBM or Google, which was a heavy stake in his investment ratio.

In the conference room, Andy looked at Jobs talking to his iron penis Cook about something, and as he thought about it, the last of the board members walked in smiling, "Sorry, I'm not late... ”

Andy saw the other person come and the smile on his face grew brighter. There are currently eight members of Apple's board of directors, of whom Andy is a member of the board of directors with a larger number of shareholders, and it is current Google CEO Schmidt who walks in and greets everyone.

Trust Google CEO Eric Schmidt and include him as a member of the Apple Board. Jobs has seen it as his biggest mistake.

Jobs believes that Android is plagiarizing Apple, and all of this is due to Schmidt's membership in Apple's board of directors' access to Apple's core trade secrets. Google Android enables you to quickly change the design direction. That's why Jobs convinced the board to fire Schmidt.

It's just that Jobs would never have thought that, while he had convinced the other board members, those board members would have let Andy take over as Schmidt's board.

Andy was also very grateful for Schmidt's recommendation, so they were very intimately embracing the cold, sitting right next to each other, laughing and talking.

In the governance structure of modern companies, the board of directors is the supreme authority of listed companies, but Apple's directors are nominated by the board of directors and then approved by the shareholders' meeting, and the relationship between the directors and the shareholders is small.

Apple's directors have always been disrespectful to shareholders because they feel like they've made a lot of money for them, and they don't care much about what shareholders call pressure, which is their bottom line. For example, despite the huge amount of cash in Apple's hands, Apple hasn't had a red, super stainless steel rooster since 1995.

Apple's board of directors has the right to nominate directors when the board changes, which gives them a stable system of handover of power and the ability to nominate people they can trust.

So, as long as there is no internal division within the board, the board of directors will always have control over Apple. In a dispersed shareholding, there is no Apple company that actually controls people, and those individual shareholders and institutional investors totaling more than 2,400 are clearly unlikely to act in concert to launder the board again.

The directors of Apple are Steve Jobs, the current CEO of Apple, Tim Cook, the current CEO of Apple, Robert Agdisney, the CEO of Chung Bin Xian Fang, the former Vice President of the United States of America at Albert Gore, the CFO of James Bell Boeing, Eric Schmidt, the current CEO of Google, and Andy Smith, the current President and CEO of Smith Media Group.

“Cough, now that the people are here, let the meeting officially begin.” Jobs looked at the directors who were still talking to each other, coughing twice, attracting everyone's attention, and went straight to the subject, "said the first item of the meeting, concerning the withdrawal of director Mr. Schmidt from the Apple board and his replacement for the board seat.

The Android system developed by Google caught up with the revolutionary touch interaction for mobile devices since the launch of the Apple iPhone, but according to the information received, the Android system was designed entirely on the keyboard at the beginning of the design, yet by the time iOS came into existence, the Android system was quickly redesigned as a touchscreen based mobile control system that was not pulled too far away by the iOS, which was no doubt plagiarism.

, cough, unfortunately, with Android and the release of the latest Chrome OS program, Google is increasingly involved in Apple's core areas of business, and Mr. Schmidt is less and less able to do on the Apple Board, as he will have to withdraw from more meetings due to potential conflicts of interest.

I believe that this is the right time for Mr. Schmidt to withdraw from the Apple Board, and I and the other directors have reached a consensus with Mr. Schmidt to withdraw from the Apple Board. ”

When Jobs said this, his thin face had no smile, his eyes were bright and gloomy, and his words were sharp and sharp, making people very uncomfortable to hear. The directors present, with the exception of Cook, couldn't help but have a slight eyebrow, his eyes looked a little far-reaching, and he thanked Schmidt for his customer statement about his contributions to Apple over the years.

Instead of turning around and looking at his client Schmidt, Andy smiled on his face all the time, not because of Jobs' suspicion that he had stolen secrets from Google's rude accusations, but because he waited for the voice to drop, and after a serious look at Jobs, he smiled and said, "I had a great time on the Apple board. It's a great company. But as Jobs said today, we have reached consensus on this, and my departure now seems a wise decision.

But now for the last time, I will take my last board duties very seriously, and as a departing director, I hereby formally submit my nomination for the position of director of my Compensation Committee - Andy Smith! ”

Andy, with a smile on his face, never left Jobs' face. When Schmidt said his name, Andy obviously saw Jobs' eyes shrink slightly, his expression grew astonished and angry. When Jobs looked at Andy, he looked at Andy with a faint smile on his face, and Jobs' face grew more gloomy, while Cook beside him looked shocked and looked right at him, hoping to see something from the other directors' faces.

“Oh, I think that's a good proposition. Andy's achievements are well known in the world, he has strategic decision-making, company operating experience, absolute ability to regulate the operation of the company, social prestige and ethics, not to mention, he's definitely a leading role model among the younger generation in the United States, and as a prominent strategic entrepreneur, he has extensive experience helping the board make judgments and consult. I agree!” Former Vice President Albert Gore answered directly with a smile.

“Thank you, thank you for your recognition and compliment.” Andy smiled and thanked Gore, smiling like a warm sunshine on his handsome face.

“Nor do I have an opinion on Mr. Andy Smith's succession to the remuneration committee, and I fully agree that his achievements in asset management and venture capital undoubtedly have a wealth of experience that can bring leadership experience to the board, with a valuable and diverse perspective.” Zhong Binxian Yafang, CEO, nodded to Andy with a smile.

At this time, the angry look on Jobs' face was obvious. Looking at his constant ups and downs in breath, he knew that at this moment he was dying to suppress the anger in his heart. He knew that he had been fooled by this group of people, but he was not discouraged, but spoke before the fourth person except Andy opened his mouth.

“I also have a choice here, Larry Ellison, CEO of Oracle, my closest friend. America's 9th most successful CEO in the last 20 years. Allison founded Oracle, an enterprise software company, in 1977 and was under intense competitive pressure from the beginning. After his tireless efforts, Oracle has been at the forefront of the industry to this day, and he has cleverly used Oracle's abundant cash reserves to launch acquisitions from dozens of large companies, and many acquisitions have been successfully traded. ”

When Jobs mentioned Larry Ellison, several of the other directors in the conference room looked at Andy with a weird, funny look at the smile.

And Andy almost laughed inside at the moment, well, I don't know where Jobs got the confidence to let Larry Ellison, the Silicon Valley maniac, the asshole, compete with him, which is definitely a coma, because, with just one vote from a director other than Andy, Andy can take over Schmidt's position, and I'm afraid no one in the room would like Larry Ellison, the asshole, to be his colleague.

Sure enough, while Jobs was introducing Larry Ellison's curriculum vitae, Cook frowned even at James Bell Boeing, CFO of Jobs Front.

“Then vote for it!” Robert Egger, chairman and CEO of Disney Corp., offered with a faint look.

“Please raise your hand if you agree to Andy Smith as a member of the Compensation Committee-”

“Brush!”

“Boom! Cough, cough...” Jobs looked at the directors with all hands up except Cook and Andy Smith and coughed violently.

“Steve, are you okay? Do you want to go get some rest?” Winning a little less than a sense of accomplishment Andy 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 out a smile, sipping a sip of water, and looking at Andy with a burning eye.

“Thank you, thank you for your trust and support, I will do my best to do what the board has given me, thank you!” Andy stood up and said with a smile on his face.