The position of Chairman represents the highest honor and power in the Yale Consortium.
It has always been held by the head of the Yale Family with the most shares. Although there is voting, most of the shares are held by the Yale Family members, and they keep the power within the family.
Everyone present knows this well.
If it weren't for the exposure of Sheldon Yale's terminal illness, Henry Yale might not dare to ask him to resign.
Once the position of Chairman is vacated, naturally, Sheldon will not be the head of the Yale Family for much longer.
Sheldon understands this, so he certainly won't agree to it.
But Henry has the support of more than half of the shareholders in calling for a shareholders' meeting, which even Sheldon as the Chairman cannot refuse.
