basti313 wrote: ↑18 Jul 2025, 11:40
-wkst- wrote: ↑18 Jul 2025, 07:28
The real problem simply is that Mateschitz sr was shareholder and CEO of the company, who could decide all things on his own (like agreeing for the new wind tunnel before he passed away). With his death this voting power was not transfered to his son, who decided then just to act as a shareholder and not being involved in the daily Business. Things would be very different if Mateschitz jr would have the same voting power.
I do not think voting power is an issue. It is the reporting.
I am struggling in a similar thing...usually a discission is made in a phone call, but as soon as things go to corporate level you start drafting powerpoint slides for days. Same here...in the past they just had a quick call with Mateschitz. Now they present the strategy to the swiss capital firm in most probably many powerpoint slides.
And the reporting is done the way it is, because they had to install directors for the daily business, who are just employees. Before it was owner-managed, who had all the voting power to make quick decisions. If Mateschitz could have transferred his voting power to his son, the company would still be owner-managed by the jr.