Chapter: 557
"If you don't share the truth with me, I won't be able to rest.”
"I'LL fill you in when I return, alright?"
Sabrina came to the realization that she couldn't obtain any information from Tyrone. And even if she did, there was nothing she could do with it.
Whatever the situation was, she would learn of it by evening.
She had planned on divorcing Tyrone and didn't care if he remained the CEO or not. However, she didn't want him to lose his position due to her.
She no longer wanted anything to do with him.
Tyrone had dedicated so much to Blakely Group, earning the respect of his employees through his skills and capabilities. It wasn't fair for him to be stripped of his recognition due to internal politics and power plays within the senior ranks.
After ending the call, Tyrone set his phone down on the table, sweeping his gaze over the people before him. "Let's continue."
The chairman was absent due to illness, leaving the vice-chairman in charge of the proceedings.
Harrell wasted no time in laying out his case. “Our CEO and general manager, Tyrone Blakely, has allowed his personal life and emotional issues to tarnish the company's image during his tenure. This has resulted in a decrease in stock prices and a significant shrink in the company's market value, shaking the confidence of our shareholders, some of whom have demanded answers.
Furthermore, Tyrone’s mishandling of the branch company's fire incident led to significant public backlash, damaging the company's public image. The public's trust in us has been undermined.
On top of that, despite Theo's years of dedication and good performance, Tyrone unjustly dismissed him for personal reasons, a clear abuse of his power and a violation of company rules. As such, I propose that Tyrone be relieved of his duties as the CEO and general manager!"
A blanket of silence descended upon the meeting room, and a palpable tension gripped the atmosphere.
The directors exchanged uneasy glances, unsure of how to respond.
Some whispered to each other, while others remained indifferent, choosing silence.
Harrell's gaze swept across the faces of the board members. "Of course, I cannot deny the significant contribution that Tyrone has made to the company. But that's not an excuse for his dereliction of duty. He must be held accountable for the substantial losses he caused the company.
Many of these problems stemmed from his private Life. I think everyone here understands that in this position, his words and deeds represent the image of the whole company. Regrettably, he shows no intention of considering the interests of the company. How shall we justify this to the shareholders?”
Someone hesitantly responded, "I'm afraid that changing the president at this time won't easily convince the shareholders.”
“But at the very least, we can demonstrate our stance to the shareholders and provide them with an explanation. We can't merely sit idly by and watch as they withdraw their investments," Harrell replied immediately.
“It's unprofessional to mix one's private life with work. There was a suggestion to replace the director of MQ Clothing. However, in an attempt to shield his wife, Tyrone disregarded the company's best interests, proving himself unfit to lead.