Magic Industry Empire - Volume 7 Chapter 63




Kennard was about to leave.

This wasn’t a recent matter and in the past few years, Kennard had mentioned this possibility to Xu Yi before, but this fact became more and more real during the last two years.

As the Frestech Chamber of Commerce’s CEO, Kennard had already been in this position for over ten years now.

During these ten years, the major development strategies came from Xu Yi, but when it came to operating the company, it was all controlled by Kennard alone.

It wasn’t an exaggeration to say that if Xu Yi was the soul of the Frestech Chamber of Commerce, Kennard was the brain. The importance that he had was self-evident.

If Kennard left the Frestech Chamber of Commerce, the effect on the Frestech Chamber of Commerce was also clear.

Xu Yi wanted Kennard to stay in the Frestech Chamber of Commerce until he passed of old age and Kennard wanted the same, but Kennard was the successor to the Emma family and he had to take responsibility for his family.

Several years ago, the Emma Family had already urged Kennard to go back to help develop the family, but Kennard had rejected this.

However, in the last two years, Kennard’s father, Count Emma had suddenly fallen ill and his condition was getting worse.

So Count Emma and the Emma Family’s people hoped that Kennard could go back to manage the family, performing his responsibilities.

With such a righteous reason, Kennard couldn’t reject.

Since that time, Xu Yi had already made preparations for successors after Kennard left while Kennard had gradually started transferring the work that he had.

The Frestech Chamber of Commerce reorganized two years ago, establishing companies under them mainly because they wanted to give these departments more opportunities to develop, but Kennard’s departure was also one of the main reasons.

Of this, this wasn’t the main reason why Xu Yi supported Freya in learning how to manage a company. What made him decide to do this was because of Freya’s own choice in the end.

But Kennard leaving was a fact and one that had always troubled Xu Yi.

Several years ago, Xu Yi had already started looking for replacements for Kennard and had tried training a few of them.

However, Kennard was not only outstanding, the post that he had was one that had appeared on the Sines Continent for the first time. Other than him, there was no one else that could take this post, so it was hard to find a successor for him.

Xu Yi’s current plan was to train some people for management from the companies under the Frestech Chamber of Commerce and then choose from them.

As for Freya……Her idea was good and she was willing to work hard, but she was still far from being able to take over such a large company.

###

A month had passed in the blink of an eye and it was the first month of the blazing summer again.

Every year at this time, it was the busiest time for household magic machine companies.

Because when summer came, people’s demand for household magic machines greatly increased. Especially those household magic machines that could help them fight off this summer heat.

Every year at this time, the various household magic machine companies would do all they could to sell their products.

In the past, advertising was just handing out leaflets, having people run around advertising, and other methods that were inefficient and cost a lot.

When the newspapers appeared in each country, the companies all learned to advertise through the newspapers.

In the past two years, because the New Moon Chamber of Commerce started installing the large Magic Illusion Projectors in each major city, the companies all started accepting the advertising method of using illusion films that the New Moon Chamber of Commerce pushed.

Compared to previous years, as long as the companies were willing to invest, their advertising would become countless times better.

Therefore, when summer came each year, it would often be when companies fought with advertising.

Similarly, when this time came, the other companies would all be envious of the Frestech Chamber of Commerce.

The reason was very simple, they needed to spend all that money to advertise in the various newspapers and in the Magic Illusion Projectors the New Moon Chamber of Commerce set up, the Frestech Chamber of Commerce didn’t need to do anything. They didn’t even need to spend money and they would advertise better than them.

The various newspapers reported on the Frestech Chamber of Commerce and then as for the Magic Illusion Projectors?

Don’t forget that the New Moon Chamber of Commerce was basically one family with the Frestech Chamber of Commerce, even the Magic Illusion Projectors were produced by the Frestech Chamber of Commerce, so naturally they would advertise the Frestech Chamber of Commerce.

With this kind of advertising, how could the other companies compare?

However, it was no use if they envied them. Among the magic machine companies, the Frestech Chamber of Commerce was the goal that every other company looked up to and no company expected to catch up in a short period of time.

So there was no difference from last year when it came to the advertising war this year. All the companies had set their opponents as the companies other than the Frestech Chamber of Commerce, with no one daring to challenge the Frestech Chamber of Commerce’s position.

But at the end of June, there was a piece of news that suddenly caused trouble for the other companies.

The Frestech Chamber of Commerce’s current CEO, who had held the position for fourteen years, Kennard was about to leave the company!

If it wasn’t for this news appearing in the «Banta Times» that was the closest to the Frestech Chamber of Commerce, which most people considered the official newspaper of the Frestech Chamber of Commerce, no one would have believed it.

Who was Kennard? That was the Frestech Chamber of Commerce’s CEO!

Other than Xu Yi, Kennard could be considered the person with the highest and most important position in the Frestech Chamber of Commerce.

Now that he was suddenly leaving the Frestech Chamber of Commerce, they couldn’t imagine how serious this would impact them!

The day after the «Banta Times» reported this, the Frestech Chamber of Commerce’s newest issue of «Frestech Magic Machine Weekly» also reported the same, which could be considered the official announcement.

Everyone was certain that this wasn’t a joke, which caused a giant stir on the Sines Continent.

Everyone’s first reaction was that since Kennard was leaving the Frestech Chamber of Commerce, where would he go now?

This question was quickly answered.

Three days after this news was officially announced in the «Frestech Magic Machine Weekly», Kennard appeared in the Lampuri Kingdom’s capital Anvilmar City and then announced that he would be holding a press conference to address his future plans.

After five days of arrangements, Kennard’s personal press conference started in Anvilmar City.

At this press conference, Kennard answered the many questions from all the reporters.

For the question as to why he left the Frestech Chamber of Commerce, Kennard seriously denied the allegations that there was some kind of conflict between him and the Frestech Chamber of Commerce. He stated that this was a normal resignation after clearly discussing it with Xu Yi.

As for what he would do after resigning, Kennard gave the answer that he would open his own company which would also be related to the magic machine industry.

This answer came as a surprise for many people, but after thinking about it, they realized that it was expected.

Kennard had been the Frestech Chamber of Commerce’s CEO for fourteen years, so it could be said that he was very intimate with various aspects of the magic machine industry. He had resources and connections that normal people didn’t have.

Now that he had left the Frestech Chamber of Commerce to form his own company, he would have a greater advantage compared to the other magic machine companies.

When the reporters asked Kennard if his new magic machine company would be competitors with the Frestech Chamber of Commerce, Kennard replied that this company wasn’t planning on directly competing with the Frestech Chamber of Commerce. Rather, he would try to cooperate with the Frestech Chamber of Commerce as much as possible and develop with them.

Kennard’s attitude was sincere and the reporters didn’t keep asking about this.

Moreover, when the reporters interviewed the Frestech Chamber of Commerce, they asked the same question to Xu Yi.

Xu Yi’s answer wasn’t that different from Kennard’s.

Xu Yi stated that Kennard had normally resigned from the Frestech Chamber of Commerce, there was no conflict between both sides.

As a colleague of Kennard for many years, he sincerely blessed Kennard on his future development. He also stated that the Frestech Chamber of Commerce had already signed several private contracts with Kennard, so they will be developing together with Kennard’s new magic machine company.

Because Kennard and the Frestech Chamber of Commerce’s replies were airtight, the reporters couldn’t unearth anything else.

But after this, the news spread that the backer behind Kennard’s new company was actually the Emma Family that he was from.

This meant that this company was in fact set up by the Emma Family and Kennard was just taking the post of chairman on the surface.

This news made people begin to think.

When Kennard took the post of the Frestech Chamber of Commerce’s CEO, people had thought that with Kennard’s position as the Emma Family’s successor, it was far beyond the position of a CEO of a small company like the Frestech Chamber of Commerce. When he took this position, it was bringing himself down.

But as the Frestech Chamber of Commerce quickly developed, people gradually changed this thinking and had another thought.

Could it be that the Emma Family had seen the Frestech Chamber of Commerce’s potential, so they sent Kennard? They wanted to see if he could find a way to reach the top of the Frestech Chamber of Commerce’s management, even becoming the CEO that was just under Xu Yi to steal the Frestech Chamber of Commerce from him?

Now that Kennard was leaving this job, it might be that the Emma Family had found that they couldn’t accomplish this goal, so they could only back off. They made Kennard leave the Frestech Chamber of Commerce, bringing his years of experience, connections, and resources in the magic machine industry with him.

Although it was impossible to compare to the Frestech Chamber of Commerce now, with Kennard’s resources and the strong support of the Emma Family, this company’s future development potential was quite considerable.

On the contrary, the Frestech Chamber of Commerce suddenly losing a high level management personnel like Kennard could be considered a big loss.

What measures would the Frestech Chamber of Commerce take in response to this?