Chapter 200 Board Meeting

"To carry out these things, we must have a CEO who is familiar with the company's affairs to promote them. Ladies and Gentlemen, I have served as Mr. Norman's deputy for more than ten years. I believe you are all aware of my abilities, so I recommend myself to be the company's new CEO."

Mencken crossed his arms and looked confident.

Qing Shui frowned imperceptibly.

It looks like the CEO position will most likely be taken by Mencken.

Osborne is now in a precarious situation due to Norman's death and his behavior during his lifetime. In order to ensure that the wealth in their hands will not be greatly affected, a group of shareholders must choose a new leader who is capable of stopping the company's decline in the shortest time possible.

The original incarnation was usually a young man who just sat there waiting for dividends from his shares, and he didn't participate too much in the company's affairs. His prestige and background within the company were definitely not as good as Mencken's.

He certainly doesn't have the ability to compete with Mencken for the position of CEO now.

The most important thing to do now is to find ways to participate in the management of the company in order to gain power and status in order to seek further development.

Shimizu gradually formed an idea in his mind, so as a member of the board of directors, he, together with most of the members present, approved Menken's application for the CEO position.

“This month, I will eliminate most of the useless medical R&D departments during the Norman era, retaining only a few projects with good market prospects, and use the recovered funds for the research and development of new projects.

For example, the individual hang glider and the new high-explosive grenade. The military has some interest in these products. However, unless Captain America is resurrected, no one has the physical fitness to use the hang glider. We only need to do some subtraction on it, such as manufacturing remote-controlled long-range drones. If we can regain the favor of the military, everything will be fine..."

Mencken stood up from his seat, walked to the big screen, and talked about the PPT he had prepared.

Harry Osborn looked confused and held the hand of his butler Bernard behind him.

The loyal old butler nodded gently at Harry to let him rest assured.

"According to my calculations, we will be able to recover about $6.7 billion in cash flow within a month. In addition to maintaining the normal operation of the company's existing projects and department personnel, I plan to invest all of this into the projects I just proposed..."

It can be seen that Mencken had been prepared for today.

"Do you have any questions or anything to add?"

Mencken straightened his tie and looked at the board members with a smile.

Qingshui raised his hand silently.

"Mr. Watt, do you have anything to publish?"

"I want to know, is Mr. Mencken going to bet everything on the military?"

"This is by far the most likely way to save Osborne."

"But what if we fail? Will Osborne's cash flow be interrupted, the stock market will crash again, and our wealth will shrink again?"

"Mr. Watt, you can tell me what you think."

Menken extended his hand toward Qing Shui and made a "please" gesture.

Shimizu took out a USB drive, walked to the stage, and replaced Mencken's PPT. "Don't put all your eggs in one basket, Mr. Mencken. I certainly believe that you won't let that happen. I don't want that either, so we can prepare something new."

Qingshui released the PPT that he had just finished half an hour before leaving:

"This new thing I'm going to introduce to you has actually been in preparation for a long time. In fact, Mr. Norman had already anticipated the situation that the Osborne Group would encounter after his death, so he left a backup plan."

Anyway, Norman is dead and can't jump out of the coffin to refute.

As Norman's student, even if Norman adopts a laissez-faire teaching style, I can still fly Norman's banner.

In the minds of these people, Norman has enormous prestige through his success over the past few decades. Only by relying on Norman's residual prestige can these people be willing to believe.

"This is a new energy battery developed by Mr. Norman based on low-temperature technology. I can briefly introduce the principle to you."

"Wait a moment, Mr. Water."

A shareholder suddenly stood up and interrupted Qingshui's speech.

"Regarding the energy sector, after the Stark Group transformed from a military-industrial enterprise, it transformed into an energy company. Everyone knows that Tony Stark invented a new type of reactor that is 50 years ahead of the world. I'm afraid we won't be a match for Stark Industries in this regard. Now even the New York City power grid design project has been snatched away by Stark."

"I understand your concerns, Mr. Adams, but who says that we are rivals of Stark? We should be on the same front as them."

Qingshui snapped his fingers and said easily, then switched the screen and showed a partial design drawing of a new energy vehicle that he had drawn by hand.

In fact, he copied this from the DC world incarnation this morning.

"We all know that Faraday invented the electromagnetic induction device, which became the first generator in human history, but it was not until Tesla invented alternating current that mankind truly ushered in the electrical age. The same is true for us and Stark."

“Tony Stark created a more perfect energy source than traditional chemical fuels and nuclear energy, which changed the energy history of mankind. We can also become the Tesla of this era.”

As Qingshui spoke, a series of data appeared on the screen.

"For example, cars that use electricity instead of oil."

"Although Stark Group has achieved certain results in promoting new energy, they have also encountered obstacles from traditional energy forces, and the promotion speed is not satisfactory. What if Osborn comes up with a new project that can perfectly complement it and invites Stark Group to join?"

"Think about it, what is the current oil price, what is the electricity cost, and what will the electricity cost be after Stark Group's new energy is promoted? Think about it, if we can get investment cooperation from Stark Group, not only will Osborne's stock price be higher than before, we will also become the new rule maker in the energy and automotive industries. You know how much benefit this will bring to us."

Shimizu placed his hands on the table, his face confident, his eyes sharp as he looked at the shareholders of the Osborne Group.

These people include senior managers like Menken, investors from external financial institutions, and technology practitioners who have reached this position with the promotion of Norman based on their technical skills.

They understood what Qingshui meant.

Mencken fell silent, thinking rapidly.

He had coveted control of Osborn for a long time, and had been preparing for this day since Norman became seriously ill. The first thing he thought about, of course, was whether Qingshui would pose a threat to him.

(End of this chapter)

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