Chapter 18 - Victor changes the system for real
After discovering how easily family succession language had been manipulated, Victor proposed governance reform.
Not:
Disinherit Octavia.
Not:
Give Betsy everything.
Instead:
Eliminate ambiguity.
The board amended the Founder Continuity Option lawfully.
Future family successor designation required:
Independent governance committee review.
Written board confirmation.
Direct candidate consent once adult.
External counsel certification.
No family-office memorandum sufficient by itself.
No sex preference.
No surname preference.
And no marketing a possible future designation to outside investors without formal disclosure of its contingent status.
Victor also created:
A temporary independent voting trustee if succession became disputed.
Boring.
May you like
Excellent.
Family mythology had finally been forced into paperwork adults could audit.
