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Story of a Big Player from Gangnam-Chapter 867 - Stock Influenced by Politics (2) – Part 2
Chapter 867: Stock Influenced by Politics (2) – Part 2
After having a meeting with CEO Park, Gun-Ho came back to his office in GH Building, Sinsa Town.
While enjoying his warm black tea sitting on his sofa, Gun-Ho smiled.
‘It seems very possible that Dyeon Korea’s stock becomes the stock that is affected by political power.’
Gun-Ho then felt relieved.
‘It was a perfect decision that I bought 3 million Dyeon Korea’s stock. Should I go ahead and procure more of them? Well, probably not. I have to leave enough volume of Dyeon Korea’s stock available to be traded in the stock market. I shouldn’t be greedy, which can always bring me more damage later on. I’d better stop here.’
Gun-Ho then thought about the possible resistance within Dyeon Korea.
‘I can’t possibly place Candidate Jin-Woo Lee’s little brother— Mr. Hyeong-Woo Lee— in the vice president position of Dyeon Korea. Maybe I should give him a senior director position. If I do that though, Director Kim will fiercely oppose it. As a matter of fact, Director Kim is the one who is handling everything in Dyeon Korea. If I bring someone from outside to the same level as his, Director Kim will definitely be feeling treated unfairly.
Mr. Adam Castler won’t say anything about it since it’s a matter between Korean partners… I was actually going to put Director Kim in the vice president position at the end of this year as Lymondell Dyeon Brings in their person for its president position. Maybe I should make an official announcement about it sooner like now. Dyeon Korea’s current board members are Mr. Adam Castler and me, that’s it. If I have to add Mr. Hyeong-Woo Lee to the board members, I will have to add Director Kim to it as well as he becomes our vice president.
Let me see. I haven’t placed the internal auditor in the board of directors yet since he is old, and also his position is more like an advisory position. In fact, a public company is supposed to have an internal auditor. Maybe I should put him to the board as well. That means that I should keep him for the next two years at least. Well, since he contributed a lot to Dyeon Korea’s becoming a public company anyway, maybe I should do that.
Speaking of which, Dyeon Korea will have many board members even though it’s a small company. I will be one of them of course. And, I will need to add Director Kim, the internal auditor, and Mr. Hyeong-Woo Lee, and Mr. Adam Castler is already one of them. Dyeon Korea will have five members of board of directors then. Do I have to worry about Lymondell Dyeon complaining about having too many board members?
If I decide to hire Mr. Hyeong-Woo Lee, I should do it now. As CEO Park mentioned, once Candidate Jin-Woo Lee becomes the leader of his political party and shows his intention to run for President, it would be too late for me to bring his brother to Dyeon Korea. I don’t want unnecessary public attention to the business. If that happens, Dyeon Korea might become in danger later, once a new administration arrives. Now, Candidate Jin-Woo Lee doesn’t draw public attention much. This is perfect timing to hire his little brother.’
After staying on the sofa having his black tea for a while, Gun-Ho walked to his desk and turned on his computer. He then checked Dyeon Korea’s stock price. The price was moving up and down around 5,900 won.
“Oh, maybe I should check my email now to see if Mr. Hyeong-Woo Lee’s resume arrived. CEO Park is quick at this kind of thing.”
Gun-Ho opened his email. CEO Park already sent him Mr. Hyeong-Woo Lee’s email, as expected.
“So, he obtained his bachelor’s and also master’s degree in the U.S. And, he worked in a multinational investment bank for a while. He certainly is a highly qualified worker in the field. He must speak English very well too. I guess he will get along with Dyeon Korea’s next president who Lymondell Dyeon will pick.”
Gun-Ho made a call to CEO Park.
“I received his resume. I’m planning to go to Dyeon Korea in Asan City tomorrow and convene an executive meeting. Before I go there, I’d like to meet with the person.”
“That wouldn’t be a problem at all. I will send him to your office in Sinsa Town by 9 am tomorrow then,”
The next day, Gun-Ho went to work in GH Building, Sinsa Town. He then gave a call to Dyeon Korea’s Director Kim immediately.
“Mr. Director Kim, I will be in Dyeon Korea today by 11 am. I have something that I’d like to discuss with you.”
“With me, sir? Do you need other people in the meeting as well?”
“I just need to talk to you, Mr. Director Kim. It doesn’t matter whether we will have others in attendance or not. Since you are often not in the office to meet with clients, I wanted to let you know that I will be there to talk with you today. But, please tell other executive officers that I will be there too.”
“Understood, sir.”
As soon as he got off the phone with Director Kim, Secretary Yeon-Soo Oh knocked on the door and entered Gun-Ho’s office.
“Sir, a man who introduced himself as Mr. Hyeong-Woo Lee is here to see you.”
“Please let him in.”
A 50 years old man of sturdy build came into Gun-Ho’s office. He gave a deep bow to Gun-Ho, who was in his 30s, showing his great respect.
“I’m Gun-Ho Goo. I’ve heard a lot about you. Please have a seat.”
As Mr. Hyeong-Soo Lee sat on the sofa, Gun-Ho asked Secretary Yeon-Soo Oh to bring them two cups of coffee.
“I certainly see the resemblance between you and your brother.”
“Haha. I’ve heard that a lot.”
“So, you want to work for Dyeon Korea?”
“Yes, sir. I don’t have any work experience in the manufacturing industry. If I could have an opportunity to work in this industry and accumulate work experience there, it would be great.”
“Dyeon Korea is a small company which just went public. If you join us, you will see a lot of inconvenience around here as you work with us.”
“It doesn’t matter, sir. I will greatly appreciate it if you give me a chance to work here.”
“You might not get a position that you want, or you will have to work that could be something that you don’t want to do. Are you still sure that you want to work with us?”
“As long as I become one of the board members in Dyeon Korea, I will take any position. I’ve heard that Dyeon Korea is planning to expand its business abroad by establishing more factories in foreign countries. I’d like to participate in that expansion plan if I could.”
“I see. You seem to be a decent worker, and I’m sure that you speak English fluently. I believe you will be an asset to our company.”
“Thank you, sir.”
“One thing that I want you to keep in mind that Dyeon Korea has several directors and senior directors already; they have worked for Dyeon Korea for a while. They might not take the fact well, that I’m bringing someone new from outside as another executive officer in the company. I’m going to Dyeon Korea today, and I will talk to them about the necessity of bringing someone from outside.”
“I understand that, sir.”
“I will give you my decision to work with you or not within this week.”
“Yes, sir. I will do my best if I get the opportunity to work with you.”
As Mr. Hyeong-Woo Lee walked out of the office, Gun-Ho called for Secretary Yeon-Soo Oh.
“I’m going to Asan City now. Please have Chan-Ho Eom be ready.”
“Yes, sir.”
When Gun-Ho was getting ready to head out to the lobby, GH Media’s President Jeong-Soo Shin entered Gun-Ho’s office.
“Oh, are you leaving, sir?”
“Yes, I’m heading to Asan City. Do you have something that you want to talk to me about?”
“Not really, sir. I just wanted to see you in person and have a cup of tea with you or something since it has been a while. Haha.”
“Well, I have to go to Asan City now. I will have a nice tea with you once I come back from there.”
“Haha. No problem. Well, enjoy your day.”