Chapter 644: Removing Yao Xia's CEO Position

After leaving Xingcheng Women's Prison, Chen Yang immediately found Lan Qiyun. After confirming that the evidence of Yao Xia's asset transfer was solid, he called Huang Bai Ming and Zhao Feiyang, and convened a company board meeting the next morning.

After the meeting began, Chen Yang directly announced the removal of Yao Xia's position as company CEO. This was met with Yao Xia's strong protest.

"Chen Yang, what right do you have to fire me?"

"I am the company's major shareholder and the person temporarily in charge entrusted by Yexin. Isn't that enough?" Chen Yang gave Yao Xia a cold glance; he never imagined this woman would be so bold as to collude with Yao Family's Aolong Real Estate to transfer two hundred million of the company's funds.

Yao Xia, knowing her actions had been exposed, protested indignantly: "I have served the company wholeheartedly for so many years. You ignore everything, and as soon as you return you demand I hand over the CEO position, treating me so unfairly."

After saying that, her eyes suddenly reddened. She turned to the still shocked Huang Bai Ming and Zhao Feiyang and said: "Manager Huang, Manager Zhao, are you just going to watch him bully me like this?"

Huang Bai Ming felt somewhat reluctant and advised Chen Yang: "Director Chen, Yao Xia was doing well; you suddenly removed her—you ought to have a reason, right?"

Zhao Feiyang also said: "Director Chen, after Yexin went in, Yao Xia has been handling most of the company's affairs. If you remove her position now, who will take over her work?"

Chen Yang gave one copy each of the photocopied evidence of Yao Xia's asset transfer to Huang Bai Ming and Zhao Feiyang, and also gave one to Yao Xia. Then he said: "Everyone, take a close look at how our General Manager Yao transferred the company's assets out."

Upon hearing this, Huang Bai Ming and Zhao Feiyang's faces simultaneously changed dramatically. They quickly flipped through the documents Chen Yang handed over, and the more they read, the uglier their expressions became.

After a moment, Zhao Feiyang exploded. He angrily jumped up from his chair, pointing at Yao Xia and shouting: "You said you would assign the project in Xinan City's New District to local enterprises, to support Xinan's local businesses—who would have thought you were using this to embezzle company assets? You're utterly shameless!"

Yao Xia never expected her private deeds to be discovered by Chen Yang so quickly; her face turned deathly pale. Faced with Zhao Feiyang's reproach, she lost the courage to retort, and could only slump over the conference table and burst into tears.

Chen Yang saw this, feeling no sympathy at all. He coldly said: "Yao Xia, can crying solve the problem? You should think about how to return the transferred money. If this really goes to court, it will benefit neither you nor the Yao family."

Upon hearing that, Yao Xia wiped her tears and said: "When my brother and his wife divorced, they took nothing. Can't these two hundred million be considered compensation from my sister-in-law to my brother?"

Seeing her still making excuses, Chen Yang's face grew increasingly grim.

"Yao Xia, the property division between your brother and his wife can be settled by your brother talking to his wife. You, without the consent of us major shareholders, privately misappropriated public funds—this is a crime! Even if you don't understand the law, don't your legal department colleagues know?"

Yao Xia immediately fell silent. She had thought Chen Yang, Huang Bai Ming, and Zhao Feiyang were not managing company affairs, giving her enough time to plug the leak. She never expected to be discovered so quickly…

Seeing her silent, Chen Yang said sternly: "Yao Xia, I give you three days. If after three days those two hundred million funds are not returned, you and your associates can await court summons."

Upon hearing that, Yao Xia's body involuntarily trembled. She said nothing more and silently rose to leave the meeting room.

"Director Chen, we haven't been stingy with her these past few years—how did it come to this?" Huang Bai Ming watched Yao Xia's retreating back, baffled.

Chen Yang sighed and said: "The Yao family thinks Yexin has no more use value, wants to cut ties, yet is reluctant to give up her wealth. So they had Yao Xia abuse her position to collude with Yao Family's company in transferring the company's assets. If Lan Qiyun hadn't discovered it early, our loss this time would have been greater."

Upon hearing that, Huang Bai Ming gratefully glanced at the silent Lan Qiyun beside him. "Little Lan, you've rendered great service this time. Brother will treat you to a big dinner tonight!"

"Manager Huang, I have no interest in eating your big dinner." Lan Qiyun retorted angrily: "If you and Manager Zhao had put a bit more thought into the company, we wouldn't be in this situation."

Huang Bai Ming explained awkwardly: "Little Lan, my family has been pressuring me to marry urgently lately. I have to entertain blind dates all day. Please understand."

Lan Qiyun gave him a contemptuous look and said: "You change girlfriends every day—I doubt you ever intended to marry at all."

Huang Bai Ming, having his thoughts exposed by Lan Qiyun, could only give an embarrassed smile.

Lan Qiyun ignored him and turned to Zhao Feiyang: "Manager Zhao, you don't have to go on blind dates, so why are you rarely seen around?"

Zhao Feiyang gave a wry smile: "Little Lan, as you know, I still have my own company to manage. Lately there are many projects—I'm practically running to a different city every day, with no time even to sleep."

Lan Qiyun snorted coldly, pointing at Chen Yang and saying: "My senior has so many companies under his name—can you possibly be busier than him?"

Zhao Feiyang waved his hand: "Little Lan, don't compare me with Director Chen. If I had his wealth, I'd quit the company and just lie at home enjoying life."

Seeing that neither of them had any mind to manage the company, Lan Qiyun could only sigh helplessly.

Chen Yang observed the situation and said to Lan Qiyun: "Junior sister, before Senior Sister Yexin comes out, you will act as the company's CEO! If we lack manpower, hire externally, or have Senior Sister Yexin recommend a few people."

Lan Qiyun said somewhat apprehensively: "Senior brother, I have no experience managing a company; I cannot bear such an important responsibility."

Chen Yang patted her shoulder and encouraged her gently: "Before we started our business, we also lacked company management experience; we figured it out gradually. If you have any questions later, just ask Sister Anna downstairs, or consult with Senior Sister Yexin."

Lan Qiyun furrowed her brows, still hesitant.

Chen Yang gave Huang Bai Ming and Zhao Feiyang a look; they immediately understood and joined the persuasion effort.

Faced with the earnest invitation of the three major shareholders, Lan Qiyun ultimately accepted the appointment as CEO.

After confirming the CEO's appointment, Chen Yang also replaced all the managers of the financial and legal departments that Yao Xia had overseen.

Three days later, Yao Family's Aolong Real Estate returned all two hundred million yuan that Yao Xia had transferred to the account of Xinghui Financial Investment Company.

After communicating with Yexin, Chen Yang chose not to prosecute Yao Xia and her two associates, merely terminating their employment.