Chapter 13 - THE WHITMORE COMPANY LOST ITS BLOODLINE CROWNThe family scandal forced governance changes.
Charles’s old proxy manipulation was confirmed.
Several historical votes were reviewed.
Not all overturned.
Too much time had passed.
But control shifted.
Independent directors gained power.
Employee ownership increased.
No child would automatically become board chair because of DNA.
Mia’s trust retained economic and voting rights.
But not a guaranteed throne.
Elias supported it.
Some relatives objected.
He said:
“Our family nearly destroyed a child over inherited control.”
Then:
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“That is enough evidence the system was unhealthy.”
Hard to argue.
