Re:Former NSA chief Keith Alexander has joined Amazon’s boar...
by perfmode on Wednesday September 09, 2020 @09:02PM
(#24427822)
what % of the votes?
Re:Former NSA chief Keith Alexander has joined Amazon’s boar...
by tedunangst on Wednesday September 09, 2020 @09:07PM
(#24427845)
11.1%.
Re:Former NSA chief Keith Alexander has joined Amazon’s boar...
by granzymes on Wednesday September 09, 2020 @10:08PM
(#24428210)
All of Amazon's shares have the same number of votes.
Re:Former NSA chief Keith Alexander has joined Amazon’s boar...
by moonchild on Thursday September 10, 2020 @12:49AM
(#24428989)
Amazon has non-voting shares.
Source: know someone who worked there. Bonuses were paid in the form of non-voting shares.
Re:Former NSA chief Keith Alexander has joined Amazon’s boar...
by dubbel on Thursday September 10, 2020 @05:10AM
(#24430333)
Maybe they were talking about options? You don't get voting rights by having options, you need to execute the options in order to get shares (and voting rights, in Amazons case).
Re:Former NSA chief Keith Alexander has joined Amazon’s boar...
by tw04 on Wednesday September 09, 2020 @09:09PM
(#24427864)
Which would make him the majority shareholder. By a margin of 5% - almost double the next largest shareholder and more than the next dozen shareholders combined.
In other words: he has unilateral control of the company. Welcome to publicly traded companies. You don't need 51% to control the company.
Re:Former NSA chief Keith Alexander has joined Amazon’s boar...
by jkaplowitz on Wednesday September 09, 2020 @09:28PM
(#24427961)
He's a de facto controlling shareholder due to how comfortably secure his plurality is, absolutely. And he's got a significant amount of de jure control by being Amazon's President, CEO, and Chairman of its Board of Directors. It's under his control in many real senses.
But he's not a majority shareholder, since his percentage of ownership does not exceed 50%.
Re:Former NSA chief Keith Alexander has joined Amazon’s boar...
by ChrisLomont on Wednesday September 09, 2020 @09:51PM
(#24428112)
>he has unilateral control of the company
Bu that reasoning, if 1000 people each own 0.1% of a company, and one buys another out, then the person with 0.2% has "unilateral control of the company", implying that the other 99.8% could not stop the desires or action of the 0.2%.
This is nonsense. Any 3 of the 999 could stop the 1.
Re:Former NSA chief Keith Alexander has joined Amazon’s boar...
by robertlagrant on Thursday September 10, 2020 @10:46AM
(#24432825)
No, welcome to online opinions of companies.
> Amazon's chief executive officer (CEO) and founder, Jeff Bezos, is the company's biggest shareholder, with 55.5 million shares representing 11.1% of outstanding shares.