America 1919-Chapter 683
Chapter 683: 235.
Personnel changes at ABC (Happy Mid-Autumn Festival!)_4 Chapter 683: 235.
Personnel changes at ABC (Happy Mid-Autumn Festival!)_4 At this moment, Joseph Schenck was truly delighted.
Just a moment ago, when Donnie was describing the current state of ABC to him, Joseph Schenck had been pondering how he could establish his authority at ABC after taking over from Mashang Evans as president.
Now, the problem had been solved with ease.
This business plan was the best guarantee for establishing his prestige at ABC.
“Boss, rest assured, I definitely won’t let down the trust you have in me!”
After receiving Joseph Schenck’s assurance, Donnie smiled and asked, “So when can you take over at ABC?”
Joseph Schenck, somewhat impatient, said, “I’ll return to Los Angeles tomorrow to handle my resignation, and then I’ll head straight to New York!”
Donnie nodded and said, “I will personally accompany you to New York and introduce you to the company’s board members along the way!”
Joseph Schenck expressed his gratitude, “Thank you, Boss!”
The next day, Joseph Schenck left Atlantic City and returned to Los Angeles, after which Donnie received a phone call from Charlie Chaplin.
...
On the phone, Charlie Chaplin’s tone wasn’t very pleasant.
“Joseph is the general manager of the company, Donnie, you can’t just poach people from your own company, he is indispensable to the company!”
Although there were many conflicts between Charlie Chaplin and Joseph Schenck in company management, that didn’t stop Charlie Chaplin from recognizing Joseph Schenck’s talent, or else he wouldn’t have tolerated Schenck for so long.
Donnie pulled the phone away from his ear, laughing as he said, “I’ve heard you say, Charlie, that if you had a gun in hand, you would definitely shoot Joseph Schenck!”
Charlie Chaplin’s tone hitched, then he said helplessly, “Donnie, you know that was just a joke.
United Artists can’t be without Joseph, just like Atlantic City can’t be without you, Donnie.
ABC is your company, but you’re also the biggest shareholder of United Artists.
This is going to cause great damage to United Artists!”
The more Charlie Chaplin said this, the less likely it was for Donnie to give up on Joseph Schenck.
A person admired even by his opponents was naturally someone Donnie could not let go of.
“Charlie, even if I don’t pursue Joseph now, do you think he can still last long in United Artists?
Or are you deciding to sell some of your shares to Joseph?”
Charlie Chaplin fell silent; the idea of selling some of United Artists shares to Joseph Schenck was definitely not agreeable to him.
After all, the current United Artists was far better than United Artists in another timeline.
In the other timeline, United Artists began to improve in the 1930s, and the person who turned the company around was none other than Joseph Schenck.
Even then, Charlie Chaplin was unwilling to give Joseph Schenck shares in the company, let alone now.
So, after Donnie’s question, Charlie Chaplin didn’t know what to say.
Hearing Charlie Chaplin’s silence on the other end, Donnie continued with a smile, “Charlie, the company has you and Griffith.
I believe in your capability to manage it well.
Joseph is important at the company, but he’s not indispensable.
On the other hand, at ABC, the situation is different.
The president of ABC, Mashang Evans, is clearly no longer fit for his position.
That’s why we need Joseph even more!”
Charlie Chaplin didn’t want to be persuaded by Donnie so easily and said loudly, “So can you at ABC sell shares to Joseph?”
Donnie laughed and said, “As long as he can bring better benefits to the company, why not?”
Knowing he couldn’t convince Donnie, Charlie Chaplin eventually hung up the phone in frustration.
The news that ABC was preparing to change presidents spread quickly in New York.
Although Donnie acknowledged Joseph Schenck’s abilities, in an era when the transfer of information wasn’t very developed, many people still didn’t know who Joseph Schenck really was.
The only thing New Yorkers knew was that before Joseph Schenck went to Los Angeles to become the general manager of United Artists, he had owned a pharmacy with his younger brother in New York and also invested in some amusement parks, earning a bit of money!
Then…
there was no then!
As the largest commercial radio broadcaster in the nation with a market value exceeding one hundred million US dollars, it was beyond comprehension to many that a company of such magnitude decided to replace its president without any warning.
To many, this was entirely incomprehensible.
As for the question of Mashang Evans’s capabilities…
sorry, what others saw was that Mashang Evans had been with ABC since its inception as the company’s general manager, and he had been part of ABC’s growth.
Although no one denied that Donnie’s strategic planning was indispensable to ABC’s growth, everyone was also willing to believe that Mashang Evans had made significant contributions during this process.
In such a situation, the market made its quickest judgment about the announcement of ABC’s presidential change!
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That is, ABC’s stock price immediately fell after the news spread.
Such a situation immediately caught the attention of numerous ABC directors who started calling Donnie, inquiring about his true intentions, and hoping to persuade him to abandon the idea.
Donnie, of course, flatly rejected these requests.
There was nothing they could do about Donnie’s refusal; they hadn’t been able to compete with him when ABC went public, let alone now.
But to appease them, Donnie still made his way to New York at the first opportunity.
Of course, it wasn’t just them, but also Mashang Evans!
Although previously, Mashang Evans had been overwhelmed by internal factional struggles within ABC, in reality, his power within ABC was a prominent force, even the highest peak.
It wasn’t as if by just replacing Mashang Evans everything would be settled; there were many aspects involved that needed Donnie’s personal attention.
He intended to solve the issue, not to plunge ABC into actual turmoil.
Mashang Evans’s mood wasn’t great at this time; he hadn’t expected Donnie to be so resolute.
In Mashang Evans’s view, ABC’s growth couldn’t have happened without his contribution.
The company was just facing some minor issues which he was already addressing.
Why couldn’t Donnie give him some trust and time?
Hadn’t ABC resolved many difficult situations before?
Why had Donnie so readily decided to replace him this time?
So, upon meeting Donnie, Mashang Evans was emotionally agitated!
“Boss, the company’s growth can’t happen without me; no one understands the business better than I do.
I am currently reforming with all my might, and I believe it won’t be long before I can solve all the company’s problems.
These are things that Joseph Schenck couldn’t possibly achieve!”
Donnie, sitting in ABC’s office, looked at Mashang Evans, who spoke with an air of threat, and laughed.
“If you had shown this courage earlier, perhaps I wouldn’t be making this decision now!”