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60: Xu Minghao appointed as Executive President and Director

Shortly after the meeting, Li Ziyan handed the drafted announcement to Xu Minghao.

After Xu Minghao confirmed there were no issues, he had her send it to all Cathay Pacific Airways employees.

That day, all Cathay Pacific Airways staff received a text message from the Board of Directors on their phones, with the following content:

Cathay Pacific Airways to all colleagues:

Hello everyone!

Recently, there have been personnel changes in some senior management positions within the company. To ensure all employees' right to know and job stability, and authorized by the company's Board of Directors, we hereby officially explain the relevant situation as follows:

...This adjustment is a normal internal structural optimization of the company, and the strategic direction remains unchanged...This senior personnel change is a normal change by the company's Board of Directors based on the company's medium- and long-term development strategy...Please all employees perform their duties with peace of mind; the company's development prospects and employee rights protection remain unchanged...Cathay Pacific Airways Board of Directors

Release Date: XX/X/20XX

——

At this, all frontline grassroots employees breathed a sigh of relief. As long as the new owner wasn't planning layoffs, being able to keep their current jobs was already very good, and their benefits hadn't changed. They began to work diligently, with many even treating every passenger with a level of service far exceeding before.

"Phew, you scared me to death! Do you know, I was flying, landed, and only found out from the news that we had a new owner."

"Who isn't? Luckily, this announcement informed us, otherwise I was already preparing to change jobs."

This was a conversation between two captains. As for the flight attendants under them, they were even more gossipy:

"Did you hear? The new owner sent all our previous senior management in!"

"Oh my god, really? Is it true?"

"Why would I lie to you? My brother-in-law works at the company headquarters. I heard Xinghe Group used the typhoon as an excuse to forcibly detain them for two days. Later, they were released after it was found they weren't involved, but this time my brother-in-law also received a month's salary as compensation."

A flight attendant chimed in, saying mysteriously, "Yes, my brother also works in the headquarters building. What you said is similar to what my brother said, except what you don't know is..."

Everyone became impatient and quickly pressed, "What exactly happened? Hurry and tell us."

"Yeah, yeah, why are you being so coy? Hurry up and tell us."

The flight attendant piqued everyone's curiosity and slowly began to speak:

"I heard that Chairman Jiang of Xinghe Group, you know Chairman Jiang, right? He's the boss of our new owner, Xinghe Group, with 100% control."

"We know, we know," everyone gestured for her to continue.

"I heard he contacted a big shot in Hong Kong, and that big shot directly sent people from the Economic Crime Investigation Department. Anyone found to have problems by the auditors was immediately arrested and interrogated on the spot."

At this, she hugged her arms and shivered, then continued, "I heard these people from the Economic Crime Investigation Department act recklessly. Those they interrogated were all subjected to violent interrogations."

"No way? Isn't Hong Kong a civilized city?"

"Do you believe that?"

"Enough, enough, look how handsome Chairman Jiang is!" a flight attendant said, showing her phone to everyone.

"Wow, so handsome!"

"Oh my god, he's only thirty and already controls Xinghe Group and our company..."

"I think you're just infatuated."

"You know, for Chairman Jiang, it might not be impossible... Hahaha."

The flight attendants laughed and joked together, and other frontline employees also gossiped about the internal situation of their company, with Jiang Chen being the most discussed topic... The four individuals' decisions permeated every aspect of Cathay Pacific Airways. Li Ziyan, with the cooperation of the entire Xinghe Group, spent a large sum of money to recruit management from all over the world, who gradually took their positions, and the company headquarters' operations slowly returned to normal.

Xu Minghao's identity also changed. He resigned from his position as the standing Vice President of Xinghe Group and was appointed by Jiang Chen as the Executive President of Cathay Pacific Airways, as well as a member of the Cathay Pacific Airways Board of Directors.

Ji Jun, on the other hand, was given the title of Xinghe Group's representative to the Cathay Pacific Airways Board of Directors, without participating in Cathay Pacific Airways' internal management.

After all, Xinghe Group still needed him, so he had already returned to Shenzhen to oversee Xinghe Group after the last meeting of the four and assisting Xu Minghao in taking control of the company.

Jiang Chen considered Cathay Pacific Airways his second venture, and to be honest, he wasn't particularly satisfied with the executives Li Ziyan had recruited.

Moreover, this time, if Xu Minghao hadn't used his old classmate's connections, their takeover of Cathay Pacific Airways would never have been so smooth.

That's why he decided to appoint Xu Minghao as the helming Executive President of Cathay Pacific Airways and gave him a 5% stake in Cathay Pacific Airways as a reward for his outstanding performance.

This was also something Jiang Chen had planned long ago, using this method to bind a group of people to him.

This moved Xu Minghao, an almost 50-year-old man, to tears. He stated that he would unswervingly follow Jiang Chen's will.

Just like that, Xu Minghao, like Ji Jun, transformed from a super employee into Jiang Chen's partner.

The senior executives of Xinghe Group were all extremely envious of Xu Minghao, but not a single person was jealous, because Xu Minghao had helped Chairman Jiang with such a huge favor based on his own ability, something they couldn't have done.

After Xu Minghao took office as Executive President and the personnel recruited by Li Ziyan gradually arrived, he began a sweeping overhaul of the company, first streamlining the company's massive internal system and optimizing its organizational structure.

Thanks to Xu Minghao's solid capabilities and the unwavering support of the newly recruited department heads, his internal structural adjustments to the company proceeded exceptionally smoothly.

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