mrazektrail
New Member
In a future inheritance, I am to be named Chief Executive Officer of a successful company by my uncle. I will be in charge of all financial and operating procedures and given complete authority to name any Chief Manager that I see fit. I am to be given 60% stock in the company and his daughter is given 40% stock. 40% of the annual net profit goes to myself and 40% of the profit is to go to her. My question is as CEO of this company, does my salary come before annual net profits are determined and who determines my salary? Also, with this 60/40 split in stock how much say do they have in decisions of the company?