Chapter 11 - The Corporate Boardroom Implodes During An Emergency Vote
An hour after Marcus’s arrest, the remaining board members of Caldwell Consulting gathered in the main boardroom for an emergency session.
Daniel sat at the head of the long walnut table, flanked by Claire and the firm’s senior corporate restructuring attorneys.
“Gentlemen, the federal indictment against Marcus Caldwell is a matter of public record as of ten minutes ago,” Daniel announced calmly.
“We must immediately vote to strip him of all voting shares and remove him from the board of directors permanently,” Daniel added.
Arthur Sterling, the eldest board member, adjusted his glasses with a shaking hand and looked across the table at Daniel and Claire.
“Daniel, if this scandal goes public without our immediate spin control, our stock valuation will drop by at least sixty percent,” Arthur warned.
“The stock valuation is already stabilizing because Rowan Development Group has offered to absorb our active commercial contracts,” Claire countered smoothly.
She slid a printed merger proposal across the walnut table for each board member to review under the bright overhead lights.
“Rowan will inject ten million dollars in liquid capital into Caldwell Consulting, provided we purge every compromised executive,” Claire noted.
The board members flipped through the pages in stunned silence, realizing that Claire’s company was the only lifeboat keeping them from drowning.
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Arthur Sterling raised his hand without hesitation. “I vote in favor of the restructuring agreement.”
One by one, every remaining board member raised their hand, officially transferring full operational control of the firm to Daniel and Claire.
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