Focus on fashion?

PatriotGirl , 9/6/2023, 12:40PM(256 days ago) @matisse

It feels like things are settling up for a return to a business power struggle. Steffy will be gone, Ridge and Eric are conflicted, RJ is aligning himself with his grandfather, Hope and Thomas seem to be on fire in the industry and bedroom! So, what if in Steffy’s absence there becomes a battle for control? Who will Brooke side with? We already know Katie and Carter disagree, is it over who controls FC? Who exactly has the most shares now ? Donna being with Eric could even put the Logan sisters at odds and who would Taylor back?? Could be fun to go down this road!

I don’t think they are changing ridge and steffy…..I thought Eric retired years ago just helps out …steffys gone few months why would this even happen

Eric is not retired and that is what he has been trying to get through Ridge's egotistical head. And whether realistic or not, on this show, Eric has control over who can, and cannot BE CEO. Eric has 37.5% of the stock, but he has 100% of the say-so over who runs the company. They have addressed this twice since Stephanie died. Majority stock does not get final say. Besides, this show needs something different than the misfit triangles. Time for a business SL....and what better than mixing people from both families and pitting them against each other....with BILL having all the media power to destroy them.

Majority stock does have a say. Ridge , Steffy and Liam (as Bill's proxy) used it when they ousted Rick and took over running the company. Eric could do nothing about it.
Stephanie also said majority rules in her video will. In reference to not giving Thomas her stocks....
If he gets that stock, then he has absolute control over the company, and I don't believe that's the right thing. I think the important thing, for the good of the company, is to return those shares to my husband Eric.
Eric no longer has majority stock. He would need Steffy or Ridge for that.

How would Tom have had absolute majority stock when he would only have had 25% of the stock? That is how much Stephanie had when she made that deal with him. I believe that Stephanie in that video gave Eric complete control over who would be CEO or not, and it had something to do with the same rider that her dad made Eric put into the articles of incorporation when he loaned Eric the start-up money. Stephanie's dad had a rider put in that said Stephanie had final say-so over everyone no matter how much stock they owned, when it came to who controlled the company. FC is privately owned...so that was something that could be done.

Eric only had 12.5% at the time and Thomas would have had 30%, his 5 plus Stephanie's 30, more than anyone else.
She said in the will she had the right to choose Eric as the CEO yet she also said giving Thomas her shares would put him in control of the company. Both can't be true at the same time. I saw nothing in the transcript that said Eric was given the same power.

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