Chapter 757 The Undeniable Condition

"Gentlemen, since I can lead Citigroup to grow, you can double and triple your wealth.

Then I have the qualifications and reasons to seek rewards for myself, right? "

"this,,,."

Tyler Garnell didn't wait for the chairman of the board of directors, Alan Gay, to say, "I don't think anyone can deny this, and no one dares to give up a large amount of income for a little return.

And," Taylor glanced at the shareholders, "gentlemen, Henry does not have a specific position in Citigroup and the board of directors.

He has no obligation to make money for everyone. Instead, as a major shareholder, he has the right to ask Citigroup and the management to make money for him.

Therefore, I think the primary problem now is, as a major shareholder, and a partner who can bring us great benefits.

Henry is only a member of the board of directors. Not only is he not worthy of his identity and ability, but it is also too wasteful for us. "

FK.

Alan Gay glanced at all the shareholders, seeing that no one stood up to speak for him, he felt inexplicably sad.

Although he knew that he would not be able to sit as the chairman of the board of directors for long, after all, he himself had already surrendered like Qian Qian and Li Changheng because of his interests.

But as soon as the shareholding contract was signed, he was the chairman of the board of directors for 7 years.

He led Citigroup to merge 3 commercial banks, which made Citigroup's market value rise from more than 4 billion to the current 7 billion.

Is it too cold-blooded and insulting?

Fortunately, when Taylor was triumphant, he saw Li Changheng slightly shaking his head at him.

Immediately understood Li Changheng's idea of ​​not being the chairman of the board of directors immediately.

Therefore, without waiting for the shareholders to speak, Taylor changed his words, "At least give Henry the vice chairman of the board of directors and the position of chairman of the investment committee that has been vacant!"

Among the next group of shareholders, at least 70% of them nodded without thinking.

For Li Changheng, as long as he makes achievements, the chairman of the board of directors and the chairman are all in his pocket.

But driving away his predecessor as soon as he became a major shareholder is indeed too unkind and too power-hungry.

Moreover, don't look at Alan Gay surrendering, but belittling and humiliating him is definitely a stupid thing to do.

On the contrary, it is the most sensible way to support him at this time and become his own help.

Taylor glanced at Li Changheng and saw a smile on his face, so he felt relieved and continued, "Give Henry a few years to prove himself.

After Mr. Allen Gay retired, Henry took over the positions of chairman of the board of directors and chairman of the board of directors, which is reasonable and no one is in dispute. "

"I agree."

As the first person spoke, within a minute, all shareholders raised their hands and voted in favor.

It is the first board resolution passed by Li Changheng after he became a shareholder of Citigroup.

After thanking and praising Alan Gay for his words, Li Changheng officially took over the rights of Citigroup's investment department.

And just waiting for Alan Gay to let go of his rights, retire or become a member of the think tank after Li Changheng became the chairman in the form of a consultant.

Of course, if this old guy can't see the situation clearly, or is greedy for power, then that's another story.

"Okay, let's continue the topic just now." Li Changheng, who was sitting in the first position to the left of Alan Gay.

He said with a smile, "Citigroup's current market value is 7 billion, but tomorrow or the day after tomorrow it may exceed 7.5 billion, 8 billion is possible."

When the shareholders heard this, some people were happy, but some people sighed in their hearts. After all, everyone wanted to take the opportunity to buy more odd stocks in the market.

Now at the press conference, Li Changheng said that earning one billion or two billion will be easier than ordinary people earning ten to twenty thousand dollars.

Three days later, Citigroup's stock resumed trading. Not surprisingly, there will definitely be investors who are willing to believe in him, and they will snap up Citigroup's stock in small batches or even take risks in large quantities.

Once the shareholders join the ranks of snapping up, let alone 75, 80, it is possible to exceed 8.5 billion.

Everyone's wealth has increased, and happiness is certain, but who doesn't want to make more money?

Li Changheng avoided in embarrassment, and the dozen or so shareholders who blamed him for talking nonsense in their eyes.

"We use 8 billion as the bottom line. For every 8 billion increase in Citigroup's market value, I hope the board of directors will authorize me to sell 5% of the shares at the market price."

Alan Gay, who understands that he can't hold back Li Changheng's rise, and wants to make more money with Li Changheng.

This time, he did not remain silent, but continued, "It is not unacceptable for us to let you buy additional shares in cash in the form of rewards.

After all, we all want you to devote your energy and time to Citigroup and create greater value with Citigroup.

But is 5% too much? "

Li Changheng shrugged, this is just the lion's big mouth.

Before bargaining, let's stun all the shareholders with a hammer.

"Gentlemen, I currently hold 17% of Citigroup, and I can promise to stop when the stake reaches 32%.

The plan to increase shareholdings will not be resumed until Citigroup's market value exceeds 100 billion.

And when I increase my holdings by 15%, Citigroup's market cap will reach $32 billion.

Of course, 15% of the shares is indeed a lot, but compared with the increase of 8 billion US dollars in market value every three years, it is nothing

And, don't forget, I'm paying for cash.

Once the market sees that I have increased my holdings, investors should be more confident, right? "

Hearing the promise of 8 billion in three years, the shareholders' heart beat immediately.

For Li Changheng, Citigroup's current annual net profit is less than US$300 million.

If the market value wants to increase to 16 billion, it is nothing more than doubling the profit and keeping it unchanged for 2 years, which is too simple for him.

Li Changheng even feels that as long as the combined bond product starts to operate, Citigroup's market value may soar uncontrollably to 20 billion before the end of next year.

Therefore, he has the confidence to speak loudly as a lion.

"2.5 percent."

When all shareholders were hesitant and considering gains and losses, it was surprising that Morgan, who had always opposed Li Changheng, actually spoke.

"15% divided by 2.5% equals 6, 6 times increase plus 8 billion principal is 56 billion US dollars.

If you can really do it, I don't think all shareholders will have any complaints about your 15% increase in shareholding.

When the market value really exceeds 100 billion, even if your shareholding exceeds 33.33%, we are willing, but you must sign a professional ethics agreement.

In the future, you will not be able to enter the projects involved in Citigroup. "

FK, all shareholders immediately understood what Morgan was thinking.

However, this time everyone did not consider objecting.

Once the agreement is signed, Li Changheng will be locked in, and there will be no competition between him and Citigroup in the future.

Military industry, electronics, chemical industry, petroleum, non-ferrous metallurgy, retail, pharmaceutical agency, and the financial sector that Morgan is most worried about have nothing to do with Li Changheng's private investment.

For Li Changheng, apart from computers, video game consoles, angel investment and the future Internet industry, other industries that Citigroup is involved in are not in his plan.

"What about the Intel and other companies I already own?"