Chapter 193
Izzy and Ethan made their way back to the chairman''s office. With a sense of urgency, Izzy fired up
herptop to check out how the Galeana Group''s stocks were doing. Just as she expected, the
stocks hadn''t taken a major hit thanks to her swift debunking of the rumors and only took a slight
dip.
Izzy let out a sigh of relief, shing a grateful smile at Ethan. "Thanks for that."
Ethan ruffled her hair, "No need for thanks. It wasn''t just me."
Izzy knew that without Ethan''s guidance, things wouldn''t have gone so smoothly.
As they were chatting, Ss walked in, "Ms. Izzy, the other board members have arrived. They''re in
the conference room waiting for you to start the meeting."
Izzy had been out of the office for over a month. Being suddenly called back to work made her feel
a tad out of sorts. She frowned, "Do I need to start working already?"
Ss nodded, "The other board members already know you''re taking over. You have to meet them
today. We can''t afford to drag our feet."
"Alright, got it."
Ethan saw the reluctance in Izzy''s eyes. He knew she didn''t really want to take on this job. He
chuckled, "Okay, go have your meeting. I''ll stick around here and wait for you. I''ll leave after you''re
done."
Ss knew Ethan was just worried about Izzy. That''s why he decided to wait. He assured Ethan,
"Don''t worry, the board members understand the gravity of the situation. They won''t give Ms.
Galeana a hard time. They probably just want to meet her."
"They won''t, but some others might." A meaningful look shed across Ethan''s eyes. The mother
and daughter duo might stir up some trouble when they hear the news.
Còntens bel0ngs to N?(v)elDr/a/ma.Org
"Ethan, I''m not a pushover. I won''t let them take advantage of me." Izzy''s eyes were filled with
determination.
"Don''t worry, I''m here. I won''t let Emma stir up trouble." Ss made his stance clear.
Ethan nodded, "Alright, you guys go have your meeting. I''ll wait here."
Seeing Ethan''s determination, Izzy decided to go along with it. She left for the meeting room with
Ss. As they walked, Ss exined, "Most of the Galeana Group''s shares are held by a few
people. Only 28% of the shares are in other hands. The board is made up of 153 members, with
none holding more than 5% of the shares. Arge chunk of shares is held by the general public.
Thepany''s rule is that a change of chairman requires the approval of more than two-thirds of
the shareholders. Your voting rights with the chairman have already exceeded this ratio. So, even if
some are unhappy with you, they can''t call for a re-election."
Izzy nodded, understanding the value of Hunter''s tight grip on the shares over the years. "To keep
you from getting distracted, I''ve gathered the board and management together. Some of them are
both directors and managers of thepany. If you want to know about a particr department,
you can directly ask the head of that department for information. As far as I know, the head of
finance isn''t too pleased with you joining. He might stir up some trouble for you."
Izzy listened carefully to Ss''s words, already formting a n in her mind. She didn''t know
much about the other aspects of thepany, but she was very familiar with finances. She wasn''t
afraid. She was used to causing trouble for others, not the other way around.
The moment Izzy walked into the meeting room, she could feel many eyes on her. A quick nce
revealedplex looks, including those of doubt and even some filled with contempt.
Izzy took her ce at the center, Ss announced, "I''m sure everyone''s seen the press conference
this morning. I won''t repeat it. Ms. Izzy is thepany''s secondrgest shareholder. She has also
been authorized by the chairman. Starting today, she will be acting as chairman."
Izzy gave a small nod to everyone, calmly saying, "I look forward to working with all of you."
"Ss, this is the chairman''s decision, and we can''t oppose it. She has the Meyer Group backing
her, which can stabilize the shareholders. But managing apany takes more than just stabilizing
people''s hearts. I think you haven''t considered this thoroughly by letting her take over as chairman."
The one speaking was a man, not too old, in his thirties, with a sharp look in his eyes full of hostility.
Ss looked a bit impatient, but before he could speak, Izzy beat him to it, "What department are
you from?"
"Ms. Galeana, I am the director of finance, Gentry." The man replied confidently.
A glint appeared in Izzy''s eyes. It seemed Ss was right. He was not pleased with her.
"You''re also a director of thepany?"
Gentry nodded, "I hold 3% of thepany''s shares."
Izzy nodded in understanding, then turned to the others, "As directors, what you care about is the
value of your shares. As long as the stock price is stable, your earnings won''t decrease. As for how
I manage thepany, it doesn''t affect you much. Would you rather have a chairman who''s all talk
and no action, or someone who can stabilize the stock price in the short term?"
This sparked a discussion among the directors. After a while, one of them stood up, "The chairman
is right, what thepany needs most right now is a chairman who can stabilize the stock price."
Seeing some of the directors easily swayed by Izzy, Gentry spoke up, "Mr. Vicente, have you
considered what happens after?"
"After? Mr. Gentry, didn''t you hear what I just said? Mr. Galeana will be back in two months. I''m just
temporarily filling in for him. It''s not for long." Izzy retorted with an icyugh.
"You only have two months in thepany. You don''t understand thepany well enough to
make decisions." Gentry always had some dissatisfaction with this young woman. If she were to
command him, he wouldn''t be pleased.
"Mr. Gentry, how long have you been with the Galeana Group?"
Izzy suddenly popped up with this question, leaving Gentry a bit puzzled about her intention. All he
could do was answer, "I''ve been here for like four years now."
"And do you think you''re up to speed with stuff in the Finance department?" Izzy pressed on.
"I reckon I''m pretty clued up on the Finance department," he replied.
"Well, let me ask you this. Suppose I decide to buy out some raw materialspany, let''s say one
in A City. Could you tell me what factors we need to focus on in a financial acquisition n?
Roughly how much liquid capital would we need? And how should thepany go about getting
the funds?"