4Kids Shareholders Meeting 2011

May 24, 2011 at 12:24 pm | Posted in 4Kids, Other Stuff | 3 Comments

Pegasus at a board meeting with execs of Kaiba Corporation in episode 8

Successful businesses are made up of strong, watchful leaders, and in about 24 hours, we’ll see who will be guiding 4Kids Entertainment as it descends into an uncertain future. Tomorrow, the company’s shareholders will elect the individuals who will be serving on its Board of Directors for the next 365 grueling days. Unlike the meetings of previous years, however, I’m sure everyone will have a lot more on their minds. Clearly, this will be a gathering of the utmost gravity and the shareholders will have carefully considered the needs of the company and the proficiency of the candidates.

This year, five individuals will be elected as directors. Who are the nominees* whose hands will guide 4Kids to either salvation or destruction?

  • Duminda DeSilva, 43. Likes to sing “Your Move” from Yu-Gi-Oh! Music To Duel By while in the shower.
  • Jay Emmett, 82. Attended Otakon 2010 wearing a disguise just to get LK’s autograph.
  • Michael Goldstein, 69. Favorite Duel Monster is Slowpoke.
  • Wade Massad, 43. Hoarded nearly 2000 boxes of Yu-Gi-Oh! Cereal.
  • Samuel Newborn, 56. The inspiration for Johnson of the Big Five.

Oh, I almost forgot to mention: all five also happen to be serving as the current directors. No one at the top has jumped ship recently, other than Alfred Kahn. That’s a good thing, right? I guess this meeting isn’t such a big deal after all. Derp.

In all seriousness, there will be one striking change to 4Kids as the company comes together for its annual meeting. For the first time in its recent history, the company will be without a CEO, the role vacated by Kahn earlier this year. In light of its need to restructure and conserve money, 4Kids has decided that it cannot afford to dole out any more executive pay and will not replace the position. In the past, the positions of CEO and Chairman of the Board have been linked and held by one individual. Since Kahn’s departure, Michael Goldstein has served as the Interim Chairman and will likely be appointed as the new Chairman.

*The one-liners are fictitious. Calm down.

3 Comments »

RSS feed for comments on this post. TrackBack URI

  1. So what exactly happens? I’m not quite sure what to make of this.

  2. Oh, they’re voting for the directors, that’s all. I was just overplaying the importance of the meeting in these tough times for the company despite the fact that the leadership’s not really changing. It was meant to come off as slightly smart-alecky and ironic.

  3. Oh, I see. BTW, nice Survivor references for each of the candidates. XD


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.
Entries and comments feeds.