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MillionNovel > Story of a Big Player from Gangnam > Chapter 866 - Stock Influenced by Politics (2) – Part 1

Chapter 866 - Stock Influenced by Politics (2) – Part 1

    <h4>Chapter 866: Stock Influenced by Politics (2) – Part 1</h4>


    CEO Park took a sip of his canned coffee before continuing, “The person who I want to rmend for you as an executive officer in yourpany is someone who used to work at an investment bank after having studied in the U.S.”


    Gun-Ho waved his hand and said, “Oh, no. I don’t have a position in any of mypanies for such a high qualified worker. As you know well, sir, all of mypanies are small manufacturingpanies. None of the positions in mypanies require such high qualifications. I think A Electronics probably has a lot of positions that require people like him.”


    “The thing is that... he is former Minister Jin-Woo Lee’s little brother.”


    “Huh? His little brother? That’s even better, isn’t it? A Group’s chairman is Candidate Jin-Woo Lee’s father-inw. He will dly hire his son-inw’s little brother. The qualification that he has, such as his educational and work experience will better suit argepany like A Electronics.”


    “The chairman wants things to be settled quietly. He doesn’t want to draw any unnecessary public attention.”


    “I don’t think it would. He is hiring someone for his ownpany, who is well qualified for a position.”


    “That’s not how it works practically. If Candidate Jin-Woo Lee bes the leader of his political party and intends to run for President subsequently, A Group will be brought to public attention. That’s inevitable. If his brother works for A Group, it will attract even more people’s attention.”


    “Candidate Jin-Woo Lee’s bing the leader of his political party and running for President will bring benefits to A Group, doesn’t it?”


    CEO Park of A Group’s nning and coordination department shook his head from side to side.


    “It’s not good for apany to have close connections with political power. It could bring benefits at first temporarily, but eventually, it will put thepany at risk, especially after a new administration arrives. A business should not keep a close or distant rtionship with politicians or political power.”


    “Worrying about possible negative impacts on his business, A Group’s chairman could have dissuaded his son-inw from entering into the political sphere, couldn’t he?”


    “People, who already decided that he had things to do by bing a politician, wouldn’t stop trying to be one just because someone tells him not to do. And, we can obtain actual profits from the connections quietly.”


    “Hmm, obtaining actual profits? What sorts of profits would that be?”


    CEO Park grinned without replying to Gun-Ho’s question, but he just looked up at the sky with a smile on his face. After a while, CEO Park said, “What is the term for a member of Dyeon Korea’s board of directors?”


    “ording to the joint venture’s code, it’s two years.”


    “Dyeon Korea has been in business for more than two years now, meaning that some members of its board of directors have been changed or reappointed, right?”


    “That’s correct. I will be stepping down from the president position soon and bing the chairman of the board of directors. As you know, the board of directors doesn’t get involved in thepany’s daily operations, but it handles material issues of thepany.”


    “Does that mean the American partner will send someone for the president position?”


    “Right. They will appoint someone for the president position, and we will appoint our person for the vice president position.”


    “A vice president is also a member of the board of directors?”


    “Not necessarily. But, the vice president is representing the Korean partner’s interest, so it would be beneficial for us to have him as a member of the board of directors.”


    “I will be direct with you, Mr. President Goo. I strongly rmend Candidate Jin-Woo Lee’s little brother— Mr. Hyeong-Woo Lee— for Dyeon Korea.”


    “That’s absurd, Mr. CEO Park. You said yourself that he used to work in an investment bank, not in the manufacturing industry. His work experience is not rted to Dyeon Korea’s business. Dyeon Korea currently has 250 employees, and the number keeps growing. Do you think someone with work experience in an investment bank can handle managing 300 to 400 workers?”


    “Hmm.”


    “Moreover, we already have a senior director who is expected to take the vice president position, not to mention other high-level officers below that person. I’m sure that they wouldn’t be happy if I bring someone from outside and ce him in the position above them. I don’t want to cause any disturbance inside thepany.”


    “What about the position of senior director then?”


    “I just don’t understand why he would want to work for a small manufacturingpany like Dyeon Korea. With his work experience and educational background, he can surely have plenty ofpanies to choose from.”


    “As a matter of fact, he worked as a manager in an investment bank. As the investment bank tried to reduce the number of their workers, he wasid off recently. If he gets a job from another investment bank, he will have to keep the same position as a manager. But, if he works in apany like Dyeon Korea with a higher position like a senior director for maybe two years or so, I think he can take a position of the same level in argepanyter on.”


    “Hmm.”


    “As you mentioned, the term for Dyeon Korea’s board members is two years. If you let him work for Dyeon Korea for the next two years, A Group or Candidate Jin-Woo Lee will pay you back for your help in any forms possibleter on.”


    “We will have our end-of-year promotion at the end of this year. Our American partner will make their announcement about who they chose for the vice president position on December 15th. What if we bring Candidate Jin-Woo Lee’s little brother— Mr. Hyeong-Woo Lee— to Dyeon Korea after that?”


    “It has to be now. Once Candidate Jin-Woo Lee bes the leader of Gongmyeong Party and ced in the center of public attention, his little brother’s subsequent job cement afterwards can be criticized by the public, saying that Candidate Jin-Woo Lee ced his little brother in the position with Dyeon Korea. The timing has to be now. That’s why I wanted to see you today, Mr. President Goo.”


    “Hmm.”


    “I know what I’m asking you is not an easy one.”


    “It won’t be easy for me to calm down the internal resistance about having someone from outside. Also, I’m not sure what kind of work he can handle in Dyeon Korea considering the nature of its business.”


    “I was told that Dyeon Korea is vigorously expanding business abroad. Given that situation, what about cing him in an executive officer position in the trading and development of the international market? He obtained his MBA degree from one of the IVY league universities anyway.”


    “Even if I try hard to ce him within Dyeon Korea, I can give him a director position, but not a vice president position. That would be impossible.”


    “I understand that. A director position is good enough as long as he is also ced as one of the board members.”


    “Okay then. I will keep him in Dyeon Korea for two years and let him go after that.”


    “Don’t fire him though, but just let him go after two years.”


    “Of course, I will. But, I will have to discuss it with Dyeon Korea’s current executive officers before I give you the answer for sure. I will contact you.”


    “Sounds good.”


    “By the way, how old is that person?”


    “He just turned 50.”


    “Well, can you send me Mr. Hyeong-Woo Lee’s resume via email? And please give me some time until I contact you.”


    “I will expect to hear from you within this week if that’s okay with you. Once you hire him, please make sure that you get him Four Major Public Insurance as well.”


    “I will do that.”


    “You will see a lot of benefits in the future as you hire him in yourpany, Mr. President Goo.”


    “Well, I’m receiving a lot of help from you now too.”
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