Chapter 359 - New succeesor of Summers empire..
Chairman…..
Scott is chairman….
In Summers s.h.i.+pments A chairman holds much authority than CEO. It is because till now Elder Summers occupied that place...so the person who sits in that place should be treated with equal respect by board members as him.
While the silence evoked in the whole room, everyone of them are staring at Scott with shock. But he is not at all effected by the announcement and he is sulking as Jean is not paying him attention.
Hmph…..she should be tamed obedient….
Elder Summers shook his head at his childish possessive trait and continued talking….
"My elder son rejected his shares so his fifteen percent is given to my youngest grandson. So Shawn will be holding thirty percent but he declined to take any position so he will continue as board member" Elder Summers smiled at Shawn.
"As we already know that Summer"s Enterprises is mostly developed by my Elder son it will be his company. Anyway at last, the remaining companies will be still be intact and will run in same way like before."
"My will has been already written and the shares of all our Summer"s companies will be shared as I told before. The only change will be in Summer"s s.h.i.+pments" Elder Summers concluded.
Actually, thirty percent should be given to Sean and everyone thought he would be made next president while his father Steve will be the chairman and Shawn as vice president.
"And the main reason I held this meeting is to announce that I will be retiring entirely from now on. Even as the Elder of the family…."
As he told it, everyone are stunned again. This time even Scott, Jean stared at him with wide eyes…
This decision is too sudden that no one are informed about it.
After some minutes of pin drop silence, the second Elder of Summers family(Elder Summer"s brother) asked the question that is bothering each and every one in the room.
"Then whom do you want to recommend as next person to rule out empire brother? Stephen?" he asked.
It is most predictable outcome because he is already well versed with the businesses and moreover his wife is the mayor of the city and her background is strong enough to maintain the high expected standards of the family.
"Well, uncle. My father have already asked me if I am interested or not. But I don"t want to get pressurized with it…..you all know about my health condition. Doctors have clearly warned me take a break from these things. In other five years I am also thinking to get retired and enjoy my remaining life. So no I am not the one" Mr. Summer"s said.
Which is indeed true. If isn"t for his deteriorating health they would have never s.h.i.+fted to country D to take his treatment in Valdez"s. Moreover due to his father"s over stubbornness he never enjoyed a long vacation with his wife. So he decided to enjoy his life from now on.
"It"s fine Stephen. But brother we will not agree your second son, Steve to take your place. He surely cannot handle it. So I will recommend my own son" he proudly announced.
"No second brother. How can you recommend Smith, he already bankrupted one of our oil company and now his publis.h.i.+ng company is running in loss. I don"t favor him" their sister objected.
"Sister, stop it. After you married you no longer have authority to interfere. Your son can"t take the position" Her second brother scoffed.
"I am not greedy like you. I don"t want my son to compete for something which is not rightfully belongs to him. But I don"t want your son to ruin our family"s empire" she told and her son instantly agreed. He had enough on his shoulders and he don"t want more responsibility to pile up for him.
"You…" Her second brother gritted.
Elder Summers lost his patience and shouted. Instantly room turned quieter and everyone s.h.i.+vered due to chills down their spine except for some persons who got accustomed to it.
"ENOUGH…she is still our sister. Dare to speak like that again..." he shouted.
"I am in favor with Scott taking my place. Do any of you have objections" he asked firmly.
Scott who is eating cake choked up. Never he have expected this and he don"t want it…
But after looking at the proud and happy face of his grandfather Scott decided not to burst his happy bubble.
Some of them instantly agreed and this made the second Elder grit his teeth again.
"No, my family will not agree to this…" he roared.
"What"s wrong with Scott, brother? He already have his multi-billion company and he will inherit Summer"s Enterprises along with some shares in Summers s.h.i.+pment. Including this the main company of Wilson"s will also rightfully belongs to Scott and Shawn." His sister retorted.
"In addition to this, he is capable to rule Summers Empire just like grandfather" Her son supported Scott.
"Brother, this is our basic rule that the wife of the next successor should be capable enough too. She must have a very strong background and support from her family" second Elder smirked.
"Whereas Ms. Jean here is just a vice CEO of Grey corporations and she don"t hold much shares too. We don"t even know if she will continue in her position. Given with this her uncle"s family don"t support her and her parents are long dead."
"She don"t even how to handle business. She is sensitive, soft and innocent woman and how can you expect such a mere woman to a.s.sist the next successor." he laughed.
"Scott you just fancy her and you are foolish, selfish..." he trailed off after seeing Scott"s scorching eyes.
Firstly, Jean opted to ignore this bulls.h.i.+t but when he dragged Scott into this she decided to show her real side and take off her innocent façade.
Elder Summers and her family laughed heartily and waited for face slapping event…